poyndexter

  1. 56,502 Posts.
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    yep. LOL I can be a touch conservative - probably a hangover from nasty sessions like 9/11 , dot com etc. I know of many lamenting "Why did I not sell? I can be a bit protective over both capital and profits.

    However, if we presume a bull market and that one can makes a conservative average of 10% every week accross a broad spectrum of shares including trading stock, and if we compund that within the calandar year - you don't do too badly either.

    The bull market has been incredible. I was just talking to someone regarding MOE who bought it at 5c - it is now $1.82 - I first bought it at 20c and sold it on in late 2003 but have been back in the last few weeks to capitalise. Sometimes it is best to hold onto stock but not many reach the astral status of EPG & MOE. WOW!!! Hit 53c today. KBO was from memory 1.9c only a few years ago and some carry only like scolded cats about TOX and NDO ROFL
 
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