Impossible! You can never be overweight in Chorus...i mean SUM..---Words of wisdom B18
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Impossible! You can never be overweight in Chorus...i mean SUM..---Words of wisdom B18
Not being an ass or anything couta, a few times you have splashed out how much money you have in this stock and etc, and etc, I don't think this is what the forum is about, it is not really constructive...
Couta - Unless something unexpected happens such as earthquake takes out all chch developments or any other.number of scenarios
My return since first buying into PEB is 338% and that must be low compared to the likes of Hancocks.
I,m still convinced that this company will become one of the best global investment companies that NZ has ever had, I don't include tech stocks. Mainfreight is a very good stock but does not have the potential of Peb.
I look at keeping a stock for at least 5 to 10 years if you stay in with a company of this quality you will be handsomely rewarded. Go you good thing.
I know what diversifying means and I wasn't saying anything negative about your post. I've diversified my portfolio to spread risk myself but it does bring a few thoughts about risk and how people handle risk. If you believe with conviction in a stock why not simply have one stock? Some pro punters punt two or three horses in a race to turn small profits... I do believe though that far too much is made of diversifying to limit risk especially when people that are well informed on a stock/ industry/sector limit risk by spreading across stocks that they don't have specialist knowledge of.
It might be just me but I actually like hearing about how much people are playing with in the sharemarket. Gives it a bit of context. But I'm the sort of person that looks at other peoples situations and wonders what sort of money they are making and if their car is financed, how much left on the mortgage etc. Endlessly fascinating.