The last few days, in fact since the end of the earning season, my emotional investing phyche is being severely tested. I knew what I was getting into when exposing my portfolio to many risk associated companies. It was a joyful and unreal August with these companies outperforming the market in general, but when negative news started to flood our eyes and ears, my portfolio was sent to the abbatoir. It is surviving, and I truly believe time heals all except old age, and my companies will recover and eventually become stronger. Yes I have faith. Yes I believe in a good story. Yes, I have learned to live with these fall and still sleep soundly through the night. Fact is, we lived through a strong episode early this year and recovered, so why not now? A correction was always in the cards. Investors love to get ahead of themselves, throwing caution to the wind and plowing cash into over valued shares. I didn't do that. I bought when they were young and unproven so all these falls have only cut my profits. I can deal with that. Getting in and out seems futile, though there were times it woud have been sensible. I could have taken a profit and gotten back in later. I sure have enough carryover losses from earlier mistakes to cover much of the captial gains, but I'm a confident sort. Even at my age (that's a secret), I invest as if I'm going to live forever and taste the fruits of my investments. Stay postive. That's my mantra. There's nothing you can do about market gyrations but deal with them in a healty manner. I've had my morning swim and enjoying life. Nothing else exists.
As we have a scorecard for our growth recommendations
Could we have a scorecard for Core companies, dividend's
Just an idea
Hi Strawman, thought I'd suggest 2 changes to the forum format:
1. can the latest post be at the top of the page and...
2. add the ability to like a post
Just a thought....Jimmy
Iv noticed a few people have BAP in their PF it seems to be the favourite on Strawman aswell as Motley, doesn't seem expensive (?)