yes my wife likes to remind me how i was talking up MAJOR correction after MARCH during FEB this year ... amount of times I come up with a great Trading plan to push it aside in GREED muti companies running certainly put my blinkers on ... one day I'll learn
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
Yup...believe me no one is perfect..cheers.
I often say to my kids...historically a compounding return a year of 7 %...is ok.
Yeah true ... in the meantime after losing the plot today and taking profits asap....I regained some sense and put $$248k into Major miner NCM.. I see GOLD Copper and SP500 futures up 1.1% so far ...so here's hoping NCM will catch a bid rest of the week
Last edited by JBmurc; 10-05-2022 at 08:40 PM.
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
I find I’m in a position currently where I’m waiting for just one of my 8 or so stocks to have a run so I can take some returns and redistribute among one of the others, as most of them have had decent pullbacks to what I would say are good entry points.
Yes I can't believe GOLD is not much higher with US CPI up 8.3% only up around 1% ... Markets crushed again overnight and futures looking for more pain >>> I'm Glad I took a BIG chunk from the specs but really Should have followed plan-A and went into BBUS >>
Only positive overnight for me is Oil up strongly 5%+... AUD spot oil back over $150bbl .... start of the year was around $100bbl ... so all these undervalued O&G plays like CUE/MAY/TEG have seen their underlining product worth 50% more ... yet most SP following the FEAR of the market>>
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
I'm fairly close to free-carry overall out of derisking on recent past peaks, so not so worried about a few slides
here and there .
Now hanging out watching for glowing discounted buys with brilliant potentials out there and they are likely
to present themselves if markets continue to be hammered to lower levels
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Originally Posted by troyvdh
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