LRS 0.98% 25.3¢ latin resources limited

Li is heading for another fomo run IMO.I believe that the...

  1. 3,305 Posts.
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    Li is heading for another fomo run IMO.

    I believe that the majority of people who are in a position (and have the appetite) to invest in this sector are all still financially healthy, despite the doom and gloom - as a result of the past few years in property and shares.

    There is still money searching for a "home". Property isn't going to be that home (nice pun?) right now as it won't be bottoming out for quite a while. Conversely I believe most stocks in this sector have passed the low and I personally wish I had more cash to throw at it.

    Even though I just acquired property in W.A. (W.A. won't drop like over here in the east imo - and I got a bargain with over 7% yield), I have still significantly increased my stock portfolio over August - "significantly" is relative to my circumstances.

    Just to be clear, I am only a small player - single Dad with 11yo PRINCESS who is my #1 "investment". I'm hard working and not yet wealthy (grateful to be happy and healthy).... but I'm gonna be cool.png.... what started as 5 figures will soon be 6 and aiming for 7 by 2025 (insert fingers crossed emoji).

    Good luck to us all!!!
 
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Last trade - 12.52pm 08/05/2024 (20 minute delay) ?
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