NCM 0.00% $23.35 newcrest mining limited

my wife made me do it

  1. 9,081 Posts.
    Sold out of NCM (with some reluctance) in the interests of marital harmony !!!

    I would have liked to have held for the long haul ... but ... but ... the marriage is more important!!

    Maybe she was right ... hope so.

    $70 K loss on that one but still up 50 K this F.Y. thus far.

    Painful lesson here - too many 'eggs' were in the NCM basket.

    I will never again have more than 20% of funds in any one stock ... no matter how good I think it is.

    Now I am 95% cash .... waiting for this market to stabilise.

    Still, can't complain - have had a great run over the past few years ....
 
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