RT,
Just trying to keep it real. This market as well as property market is testing every investors braking points.
As the mental pressure builds up so would the risk of making series mistakes. I sold 30% of my ORP some month ago only to move it in another stock and now have lost nearly 70% of that, i would have been better in ORP in this climate.
As for property well i fixed all my loans for 5 and 7 years, and face a 100K cost if i chose to go variable, this amount will only increase as the rates drop. And today’s news making predictions that the bank rates could drop as low as 0% only puts Sault on the wound.
As you can see, any cash now would be better used in other areas. Well not much i can do about it now, just hope that the one stock that i have my main holding ORP, make some series returns as it would save me a lot of head ache.
All I can do is wait and see who will brake first, is it me or the portfolio.
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