It was, maybe worse, I haven't done that maths. I repeat, SP 90% down from ATH and back up 200%+ since then, on vastly improving fundamentals.
Cheap as. Cheaper would be better. But the balanced portfolio police will be after me.
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Just all your commentary about the already large position and unwilling to add and portfolio police etc...
I personally wouldn't go more than 5% of net worth on something like this but if you're less than 10% your comments don't make sense to me.
What I'm saying in that anything less than 10% can't really be called bucket loads.
Percentages of stock portfolio only are very nonsensical, so if it was 50% of your stock portfolio but 5% of net worth then no point calling it a big position as its not.
Not having a go at you Baa_Baa just from your comments I thought you had the gun loaded. It's a good thing you don't IMO.
But Sailor most here view their home as a roof over their head, a place to share Christmas with family etc.
You and a handful of others would include your house boat as part of their ‘investments’. Vast majority don’t view it that way.
I'm going to move mostly to posting on HotCopper https://hotcopper.com.au/asx/tsk/discussion/ , there's not much point in discussing this here anymore imo. Excuse me if I don't reply or post here very often, the SP price action has moved to ASX, and we need those Aussies, especially the insto's, to get onto it, it's their company now.
Wrong way to look at it.
If you have a freehold house you can do as you please with a 500 to a million $ stock portfolio... You have something to fall back on...
My point being, if you have a freehold 800k house then a 200k position in a 400k portfolio is a yawn.
If you don't, and you have a 200k position in a 400k portfolio thus 50% of net worth... You can post about your massive size.