I Concur!!!
Being Civil / Respecting other Opinions should be a No Brainer. We Don’t know each other’s financial / investing situations / strategies.
How do we know when to hold / fold?
(Take money off the table)
Example: How do you have the nerve to hold DEG when it rises from $0.04 to $1.55 in a matter of months.
Sound Familiar?
A successful Strategy I have come up with over the years, after considerable thought, in regards to the above mentioned situation is as follows:
1. Hold the Stock for a minimum of 12 months this taking advantage of Capital Gains Tax Laws (50% Discount)
2. Only then Sell an amount of shares that recoups your original investment & pays your Tax liabilities.
You can also put funds into your super (Currently $27,500 max. per year) minimising your tax further at a 15% rate.
3. Park your remaining shares and Enjoy the Ride. They now have cost / owe you nothing and have become the equivalent of Private Super / Hopefully Early Retirement / An Income Stream.
I left school at 15. Am Self Taught. I have No Economics Background. They Call it a Smart phone for a Reason. It is Your Best Asset!!! Do Your Own Research!!!
Don’t Follow the Herd (It is Usually too Late by then)
All The Information you need to be successful is out there. Good Luck & Good Investing Everyone!!!
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NXM
nexus minerals limited
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7.9¢

I Concur!!!Being Civil / Respecting other Opinions should be a...
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Last
7.9¢ |
Change
0.002(2.60%) |
Mkt cap ! $47.69M |
Open | High | Low | Value | Volume |
7.7¢ | 8.0¢ | 7.6¢ | $65.23K | 824.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 25000 | 7.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.9¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 25000 | 0.077 |
1 | 200000 | 0.075 |
1 | 40000 | 0.074 |
1 | 185000 | 0.071 |
1 | 30800 | 0.065 |
Price($) | Vol. | No. |
---|---|---|
0.079 | 100000 | 1 |
0.080 | 160000 | 2 |
0.084 | 20386 | 2 |
0.085 | 18418 | 2 |
0.087 | 12000 | 1 |
Last trade - 15.31pm 20/06/2025 (20 minute delay) ? |
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NXM (ASX) Chart |