Originally Posted by
KW
You mean stocks like Woolworths, ANZ Bank and Telstra? Good businesses, pay good dividends, recession proof, etc. But NEVER confuse a good company with a good investment! If you were a TLS, ANZ or WOW holder you would be sitting on shares that are the same price as back in 2000 (TLS) and 2006 (WOW and ANZ) (with all going lower once again during this bear market). Buy and Hold and Pray is not how you make money. Making intelligent decisions about what to invest in, how long to hold for, and when to sell is how you manage investments for the optimum return. Good luck Couta - maybe in another 10-15 years your investments "may" come right.