MGV 2.74% 35.5¢ musgrave minerals limited

Sold 70 percent of my holdings at 10 cents and I'm free riding...

  1. 3,878 Posts.
    lightbulb Created with Sketch. 305
    Sold 70 percent of my holdings at 10 cents and I'm free riding in this stock now. Was far too exposed when I first jumped in on Brexit day. Got too excited and allocated too much of my portfolio to this, especially when I know next to nothing about gold.
    Luckily I didn't pay the price. Stress free now and loving it. Tried this tactic before on HZR EMC and CDG - but they all went backwards 30 to 50 percent. First time this tactic worked for me.
    Survived my first year back in the market - made mistake after mistake after mistake - but somehow made a little bit of money.
    To be able to walk away and not even think about an investment, not worry sbout the next assay result, not worry about the POG - to me this is priceless.
    It doesn't mean I'm maximizing profits - maybe the exact opposite - but the peace of mind I'm enjoying is worth more than that.
 
watchlist Created with Sketch. Add MGV (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.