I think it's great advice to wait. I cashed out a decent (but not ludicrous) chunk of coin to buy a Carrera when concerned the market would topple latish last year. It still looks sketchy out there but even though I can probably make a few thousand on the car it's not going to make the kind of returns you can make if you position yourself in the "right" stocks..
Having said that I can't save money. It's always invested in something or other.. At least I know if the market goes tits up there's a shiny black P car I can flog off if necessary.. End of the day it's just a car.
By all means take a holiday.. Or wait and take a better one if that's what you want! I hate travelling but I like sexy fast cars.. Everybody is different and has different risk management strategies.. Each to their own.
Next lot of coin out I plan on sinking into a business..
For me the memories of making circa $32k in two days of crazy trend trading is much more satisfying and memorable than a holiday where all I'd be doing is sitting on the beach reading and trading anyway..
It's a sickness lol
WPI Price at posting:
3.0¢ Sentiment: Buy Disclosure: Held
