Always concerned when we see the SP jump like today, usually starts heading back down with more momentum than going up.
Really ? Set your nerves at rest, step back and take a look at the last 12 months or a bit more where the share price has steadily ground its way up from its COVID Low. It will help you deal with those small retractions. I guess it depends on ones time frame for ownership. For myself I am wondering about putting in a sell order should it again reach >12% of my portfolio.....currently 8 and rising.
I'm currently at 8.5% portfolio allocation...feels like that's spot on for me. Happy to let it run up quite a bit further and quite sure it will.
Ecclesiastes 11:2: Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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