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21/09/15
12:32
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Originally posted by Foxdog
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I'm hearing you LC - and feeling your pain.
Cast your mind back a few months however, to when we were wishing for the SP to retrace somewhat so we could all load up on our favourite company. I bought in earlier than you (at a lower price) and have never bought in again, even during the current debacle! But I also don't plan (not for a long time anyway) on selling. My plan is 'buy and hold forever' and I also know I'm crap at trading. I'm aware too, that if I did sell and then the share price rose again I'd find it almost impossible to buy back in at a higher price (my personality and/or lack of experience!) and would be kicking myself.
So, providing the SP is being manipulated by macro economics and not some internal dilemma within LNG (SIV to respond here, please) then accumulating as the SP declines further or remains at these levels might be the thing to do (I'll admit I'm indecisive at the moment too). Imagine though, in 5 years time if/when the share price is $20 plus, the current turmoil is forgotten and the world is demanding more gas.....don't you just love investing!
Cheers M8
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I agree, I'll be buying back in. I'll never forget the time my account 4x higher in two months after I invested, then watched it go right back down to 2x. Amazing!