Next RNU?, page-4

Great question. We are all in the same boat and are looking out for the next RNU. Bloody hard to find. There are so many things that you need to consider. Your age and financial position being two. I have never made large amounts of profits before losing at least 50% of the value on paper first. That’s the trick with finding the next RNU, you are probably not going to find it just before it explodes, you will need to be patient and prepared to lose a lot on paper and hold your convictions. Sounds like a recipe for disaster really. But it has finally worked for me. My time frame for each of my big winners is about 5 years of ups, downs and big paper loses before finally making it with a couple. Good thing is if you go hard at the right times you could retire very young. I would never recommend anyone doing what I have done, it too bloody nerve racking but good luck.
Best thing I have done is to just look away when things go to shit. I gone through two lithium down turns and looked away for 2 years once and a year a second time. But as I said don’t do what I have done, but take things in that you see and hear and work out your own plan. My latest RNU has already started the going to shit bit with the share price but only improved fundamentally, some old rich bloke said something about buying when everyone else is scared, seemed to work for him.