Moly,
Claws is correct.
We all take hits of some stock from time to time and right now there would be very few traders/investors who are worth more now than they were in Nov last year at the top of the market.
Sure, some of the so called "penny dreadfuls" will go out of existence, but as long as you don't have all your capital in them you will be OK.
With some of my shares..... I'm actually welcoming their low price as it will give me the opportunity through dividend reinvestment, and buying more at some stage when I perceive the market has turned back up, to finish up with more shares than I otherwise would have.
Keep positive.
Cheers,
Bendigo
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- wish i d never heard of the a.s.x.
Moly,Claws is correct.We all take hits of some stock from time...
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