its only a paper loss until sold same as a paper profit,
saying that i am picking we are heading for a bear market so have moved my positions to more defensive stocks and am now short on a lot of holdings locking in profits i have already made
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its only a paper loss until sold same as a paper profit,
saying that i am picking we are heading for a bear market so have moved my positions to more defensive stocks and am now short on a lot of holdings locking in profits i have already made
S&P has been trading at over two standard deviations from mean so a selloff isn't completely unexpected in my view, with or without the China excuse.
OK, theres always one followed by another; 3rd sure thing in life:)
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Post #1084
Ever wondered why 70% - 90% of all stock Market investors lose money over time..when the trend is av +7%/pa.
Type ....."Do most people lose money in the stock market?" and google it ...there are about 31,200,000 results take your pick..
Great to know Sharetraders are part of the 10% to 30% of investors who make money.
Last year 183 of the 208 who entered ST competition made money.177 beat the bank deposit rate.
Even our own "ill famous" Couta1 was up 37.16%,while 100 were up over 20%..
Maybe we are better off just investing in NZ?
Agree Percy, well said.
Interesting rally on Wall Street today….. it will be interesting to see if it is a 'sucker rally' or the real thing. That said, I'm increasingly of the opinion that NZ stocks are generally nicely insulated from much of the international market mayhem.