20%!!! That's huge. But cutting your losses is better than losing much more. We're not Bill Gates or Warren Buffet who can afford to lose that much (Assuming your not a billionaire or any of those guys).
The reason I'm holding... I've been in recessions before and it's the construction industry that gets affected first aside from other industries like manufacturing. The share price of listed companies goes down considerably. That's the accumulation time. Infrastructure spending and return of mining boom could bring in some fortunes eventually. It's just a matter of patience and commitment. Sometimes I'm tempted to sell it off due to gains and losses. But past experience dictates otherwise.
LEI Price at posting:
$23.81 Sentiment: Buy Disclosure: Held
