With the amount of uncertainty that seems to be thrown around at the moment (whether deserved or undeserved only time will tell) I think its been interesting to see the huge dichotomy in sentiments.
Me personally I was a late adopter to MUS and have topped up smallish parcels a couple of times in the last couple of weeks to the point where overall I am now down on paper. But after doing my own analysis based on information freely available regarding costs, gross profit splits etc and then making what I call a reasonable sportsmans guess at the unknown variables (average sell price and Clearance rate) I am firm on my idea to be in for a penny in for a pound.
This is based on 3 things
1) If it goes completely wrong can I afford to lose it - Yes
2) What chance do I give it to be a success and to what extent - 85% chance and very succesful
3) Taking into account risk vs reward is there better value out there that I know of - No
And that is my underlying reason on why I am staying the course.
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- In for a penny, In for a pound
In for a penny, In for a pound
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