Or buy the whole herd back at a cheaper price :)
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That's how it should be played I reckon .... except for those who hold forever, they are into shares for another purpose and expect to see 20%-30%-40% declines every now and again
I like keeping most of the gains ... Mr P said 'the market giveth but the market also taketh.'
Hey SLi is up, now who'd have thought:eek2: This dog may yet bark.
Hi All,
Can someone please comment/give their opinion on this.
I see so much of selling and my portfolio is in red like most people on here but 90% of the shares I own are all dividend paying shares with PE's between 10-20. I have not sold anything and I know as many on here have stated - when things get this bad sell sell sell, I am only 30 and I see with just dividends alone for the next couple years will bring me back in the black. I just don't really understand how taking the losses now and putting the $ in the bank with 3% interest or 5% on my investment property would be better than letting this play out. Is my thinking completely wrong? Should I be protecting capital?
If you are a long term investor in solid companies, just ignore the market and get on with your life. Certainly wouldnt be selling up. Think about buying a few more if anything
meant as reply to above