Really????
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i'm struggling with where OCA has landed as a % portfolio allocation, I blame buying a bunch in may last year and then doubling down with a combo of buys just before the capital raise, and then getting some allocation through that too. Haven't sold any, my $1.97 offer never went anywhere.
25% of my portfolio right now. A lot more than 6%. Ugh, eggs and baskets - but hard to sell when I feel that it's still undervalued. Won't be buying any more. Confused about selling something that I think is undervalued, concerned about risk.
Everyone has a different appetite for risk. What is right for someone like me near retirement may be too conservative for someone quite young.
The "sleep test" is the acid test in my opinion. If something is keeping you up at night then its probably your intuition telling you that you have a problem that needs fixing.
Beagle, coming from my early 30’s I’m running a much higher concentration. I’ve taken some perspective from various users on here to pick my play and I can say there was a time when my play kept me up at night and my dentist will probably have words with me but at my particular position a bit more risk is reasonable and I think you have a sound position on oca. If I take a hit it will be a measured decision and I will likely take it on the chin and live to fight another day.
Early 30's is a great time of life to take moderately aggressive investment positions that concentrate on high capital growth over the long run. With more than 30 years to go before retirement there's plenty of opportunity to recover if you get "a haircut".