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Re: twister1 post# 904

Wednesday, 02/07/2018 3:18:41 AM

Wednesday, February 07, 2018 3:18:41 AM

Post# of 1484
I haven't sold a single share, and I'm sitting on a crazy anmount. I'm completely in here for the long term but it just seemed like it ran up too fast so we had to wait for it to settle before anything significant again.
I'm happy to be wrong, today it ran up 26% and as I said, didn't sell a share, its long term capital gains for me by late march so selling now would be foolish considering the tax differential on the gains.
BUT I MASSIVELY agree with CES... buying is easy, selling is hard... for me at least. I was a trader to begin with and lost over 30k!!!! Since then I've only bought stocks that I've held for a minimum of 6 months.
My mid-long term mentality has brought me a small amount of wealth and I believe my LONG term investments (1-3 years timeline) will pay off my mortgage. I've always said my target is $3-$5 USD for Auscann and I'm hoping for the lower end of that by the end of this year.