Originally Posted by
McGinty
I wish it was that easy (share price going up), but if it was, everybody would be making money. :)
Risk is the hardest, but most important aspect to manage when investing in the market. From my experience the only way I could do this was to create a plan of when to buy/sell and stick to it (unless a negative surprise happens like a downgrade). Over time the plan evolves to match your personality and risk tolerance.
Not having a plan creates uncertainty and trying to follow others (which may not fit with your personality).
I've written my Investment Philosophy down and in the first sentence is "Risk management first, profit comes second", and capital preservation is number one in risk management. So maybe if your unsure, don't buy any more.
Both HLG and ATM are great NZ companies, but that doesn't guarantee that the stock price will stand strong and won't be influenced by the greater market forces.
Disc: Sold All my NZX (including ATM) and ASX stocks (excluding goldies) - Capital Preservation