20-03-2022, 12:15 PM
(20-03-2022, 11:16 AM)ROFLMAO Wrote: So sell your Chinese stock before the second plunge??
I have not done a tally. But I bought after they already fell unfortunately they fell further. Losses should be 20-30% region. I have not tallied .reason is I purchase fro long term so do not see day to day fluctuations as important. It does not matter because I do not plan to sell. Even if up 30% it is of no consequence as I do not plan to sell.
When I bought i knew the downside risk can be 50%.so I right size the amount I bought so I will as a whole my investments will not be too badly affected.
Will the market plunge again? If I knew for sure I can short and make millions....so I don't know.
I am more keen to resume buying. I stopped when the flood gate of bad news opened
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.