OOK 0.00% 0.0¢ ookami limited

Here's what I do. Take a small loss, sell a portion, not all,...

  1. 1,328 Posts.
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    Here's what I do. Take a small loss, sell a portion, not all, its more palatable that way
    & go buy as much as I can of something that's super high quality with the proceeds.
    i added more to my CSL yesterday after yet another earnings upgrade.
    Yep it's expensive. Rolls Royce's are. But histories on your side. So buy 3, 5, 8, whatever & build from there.
    That way MY money is working for ME in proven quality, not propping up OOK and Emma's indulgence.
    Hold the rest I am. See what prevails.
    But I think the very worst thing to do is add.
    Wait until things are clearer or at least heading in the other direction.

    Doing this diversify's you away from the angst. It doesn't compound it.

    But that's just me.
    Best of luck Jennifer
    Remember the HARDEST lesson in Investing is selling.
    Been at this for YEARS, & its STILL something I & most struggle with.

    Best
    MK
    Last edited by MikeRowcap: 19/05/18
 
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