- Work out the kind of life you want to live
- Work out how much $$ you need each year to support that lifestyle
- Work out how much your FFX (and/or others) will be worth at different SP in the future, ie 60c, 80c, $1 etc
- ( i.e. I know EXACTLY how much I am 'earning' every cent FFX increases)
- Read and research your stocks & what's going on in the world - stay informed. Keep Learning. Always.
I've been in since BGS days. First bought in at 29c, up to 50c. Watched the SP rise to/fall from 83c, didn't sell as I could see some kind of future with Lithium in the world, plus we had gold that was put on the back burner.
Saw that a few particular Top 20 holders (and posters) did not sell a single share during the 2 year downturn (and still haven't).
Watched BB spend up big at 50c - he knew the geology like the back of his hand, but continued to watch the SP drop down to 4c and not sell a single share. I could tell he had faith it would return to black...some day.
Unfortunately had to sell a massive chunk at 15c....was absolutely gutted and didn't want to - but had to. Huge lessons learnt.
Have since realised that many of the richest people in the world have lost their wealth and have made their fortunes over again, plus more - simply from the lessons they learnt as a result.
Then waited (impatiently)....... and waited (through BGS Board 2 fiasco)....... and waited (through MLL).......
Redundancy payout from full time job in 2019 - scarily put in at 4c, along with 2x $10k from super (thanks Covid) into FFX at 10c.
Any little extras on the way.
Studied up on ASX / world markets / world Issues / TA whilst working casually 2 days/wk.
Then waited some more (now FFX)............
Now watching (patiently) FFX finally begin it's journey via both the Gold & Lithium, with fantastic management now in place - management who
hold shares in the stock, therefore have an invested interest in seeing the Finch fly.
This is definitely not investment advice. Everyone has their own unique story. As per @mattminton - I love to see such positive outcomes, and look forward to seeing more as they evolve.
Do your research & be patient.
We will all be in a great place soon enough.
This is only the beginning
Good luck to all
