Not really SYT related.
This is just an interesting article about Amazon. It explains how the stock went up and down and through lull's. Even at one point as most would know, it went from approx $100 down to less than $6 in 1 year during the dot com bust.
The part I wanted to bring up was the paragraph one investor who had kept his shares all these years even during the crash, he looked at the BUSINESS not the STOCK. He explains that during the crash even though the share price changed significantly, the business did NOT.
Just keep these things in mind when some of you worry about little pips going up and down. If you invested in the BUSINESS, these little things shouldn't worry you much.
https://www.google.com.au/amp/s/www...tocks-history-the-importance-of-patience.aspx
- Forums
- ASX - By Stock
- SYT
- SYT General
SYT General, page-150
-
- There are more pages in this discussion • 2,980 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SYT (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online