LYC 1.14% $7.80 lynas rare earths limited

Hi prowiz,"It always astounds me when people try to justify...

  1. 1,298 Posts.
    Hi prowiz,

    "It always astounds me when people try to justify investments gone wrong... "

    At first I thought what a great statement & then I realised that this is not over but is only the beginning for Lynas, so it's only a half great post, I agree I never understand why people question a bad investment, best thing to do is cut your loses & move on. As for Lynas my holdings are not far from the average & as mentioned this is only the beginning for lynas.

    "There an old saying people would rather be right than make money"

    The thing is nobody ever knows 100% that their investment is right at the time of putting money in, it purely comes down to research, timing & luck.

    The GFC proved that in relation to the punters in the sharemarket at that time.

    Some did well (mainly through luck) & most not so well (unlucky).
 
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