DiscoDanNZ
Regular
I’m with you there Lou,
I believed too and had a strategy of selling under a third once catalysts were hit (I.e ML, BFS). Being an investor of only 6 or so years long term style investor too, so really a baby in the game.
Made the huge mistake of showing the wife the portfolio when we were around highs, big Nono lesson learnt. Like you since then it’s been tough. I still believe in my strategy though as I’m a madman, but she doesn’t have the stomach for risk that I do so my poor wife has really been suffering and it’s my fault
I’ll treat her when we are up and running, and will be holding over 2/3rds for gravy (divvies)
Hang in Lou, we got this, we do this for our families.
If it wasn’t for this place I’d very likely be in a darker place so thank you to all you crazy funny bastards too![]()
I had a similar strategy in mind, selling not even 1/4 of my holding once all the good news came would pay back every cent I'd ever put into the market for my entire portfolio.
I've now revised that strategy and in future I will be selling a parcel if it goes over 500%, sounds like a dream target but I was at one stage up 1000% here and 550% on AZL at the same time and my wife said I should sell some. Did I sell any no, was expecting games changing news on both of them and held... Now I'm barely up 100% on AZL and we all know whats happening here.
Moral of the story? My wife is smarter than me