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Re: marinokv post# 20935

Saturday, 08/22/2020 3:06:18 AM

Saturday, August 22, 2020 3:06:18 AM

Post# of 31748
Humans are social by nature. That communal pull we all feel has a major influence when it comes to our reactions which includes investment decisions. It’s always very evident on days when a stock’s share price is going up by leaps and bounds on heavy volume. The desire to be a participant can be very influential. One will always feel more apprehension when a stock has flatlined for an extended period and currently appears to have very little interest from the investment community. The person has to make more of an independent decision on whether it would be a good holding to start accumulating over a longer period of time and that can be even more disconcerting when factoring in the OTC arena.

As many have pointed out on this board a company’s share price movement isn’t necessarily indicative of its current fundamentals but victimized more by the climate of a non-formal exchange. Investors are more apt to dump a holding on the spur of the moment to go chase another listing displaying some immediate momentum. I can tell by the content of your posts you convey an understanding of the constructive information messaged on this thread representing strategies having a higher percentage of benefiting your own personal investment situation. (On low volume days put a reasonable bid out there and let the MM come to me.) Applying what you learn is how experience is gained. Anyone who’s had a hand in helping raise four kids that are able to support themselves as adults (please excuse the memory misstep if I’m wrong regarding your family it’s what I recollect you might have mentioned) has a lot of embedded life experience that can certainly come in handy no matter what is being debated in the individuals mind on a given moment.

I’ve been investing for over thirty years now and in each decade a certain characteristic stands out creating lessons to be learned having a hand in shaping the type of investor I am today. First ten years represented the addictive quality that naturally envelopes you to the point of it even affecting your mood for the rest of the day once the closing bell rings. (I wasn’t married yet during that time so there wasn’t someone who could quickly humble my ass when I got home on those down market days.) The next ten represented a more grounded understanding of the longer term approach in turn teaching me more patience. The final ten was the acceptance of a lot of hard work reflective in a solid “stay the course” portfolio that when looking at it objectively, which meant dispatching the nagging desire of always wanting it to be more, certainly did exceed my expectations.

Trust your instincts when it comes to the potential of an investment. In today’s instant access information age it’s very easy to be drawn off course by many sources that can jeopardize your longer term investment path. Particularly companies in the early stages of firming their position which leads to measured stages of prosperity over extended periods. The day in/day out effects of the emotional roller coaster rides represented by gyrating share prices with these types of equities can have a real wearing effect on a person’s psyche. But, what can go along with this exercise is a form of discipline creating a life lesson on perspective and the development of being able to recognize what’s truly important in life. Financial gain will always just represent convenience to me more than anything else. As far as quality of life goes I’ll always choose a loving family, good friends and a quality stock message board over everything. The unbridled enthusiasm reflective in such social settings delivers a comradery of richness to life that can’t be measured in dollars. At times I get that feeling on this board and I would just like to take this opportunity to express my appreciation to all those who have taken time to share their unique individual qualities while contributing a wealth of information with the sincere intent of benefiting others.
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