Had to make some tough calls today - One of which was to top up JRV at 61c.
I don't make these decisions lightly - This is the highest price I have ever paid for JRV share and that too in a market that is still deteriorating. So that's saying something!
We may lose a few ticks from here if headwinds persist but this offers a great opportunity to acquire good quality stocks which in long run will prove to be a bargain. Luckily I had some profitable positions to sell today so I can take advantage and add to other holdings at a discount.
I hope after the US Fed meeting minutes markets will calm themselves down even if Fed doesn't back down from interest rate hike.
& for those who care - I don't believe there will be armed conflict in Ukraine - US cannot afford to open two fronts Ukraine and Taiwan. Newspapers can talk all they want.
Had to make some tough calls today - One of which was to top up...
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