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25/07/18
13:18
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Originally posted by JenniferEV
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Question: I have been buying and mostly holding spec stock for only about 9 months. It has been quite a journey of ups and downs. I have tried to listen and learn. While I am at an overall paper loss at this stage, the tide is now beginning to turn and I am not unhappy with where things are for now. I thought the safest way was to diversify but have now about 40 different stocks across a range of industries. I would sort of like to cull some, some at a loss but as I research each one I end up thinking that patience will ultimately be rewarded or a better exit time found. When I am more confident I might do some small playing with short term trading but for now I am a medium to long term holder. That said a couple of especially quick runners I have taken some profits and 'free carried' on the rest or bought back in when the price has dropped. (Wish I had done that with a couple of others) Selling a few too would free up some cash to invest more in my brightest stars. I would love to find some trading guru, especially who understands the spec end of the market to get some training and perhaps a review of my portfolio. Is there such a thing out there?
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Hi
One way to maintain an interest and focus your shares is to buy to offset your bills. eg Electricity buy Origin etc. This lowers your bills but also keeps you ontop of your houshold. You have to research a company anyway.
cheers