Markets Crash?

Re: Markets Crash?

Postby Guest » Thu Feb 15, 2018 8:26 pm

Raggamuffin wrote:Oh right. I was expecting a massive crash.


and you kept your shares?
Any sensible person expecting a massive crash sells them.
You hold onto them seeing their value deplete. :off head:
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Re: Markets Crash?

Postby Rolluplostinspace » Thu Feb 15, 2018 8:33 pm

Guest wrote:
Raggamuffin wrote:Oh right. I was expecting a massive crash.


and you kept your shares?
Any sensible person expecting a massive crash sells them.
You hold onto them seeing their value deplete. :off head:

It can be pretty difficult to sell shares when the value is plummeting because few are buying so you hold in there and hope there'll be anpturn.
In a massive crash you'd get pennies on the pound and that's when wise investors and gamblers are buying.
You don't buy when they are at their most expensive do you?
You don't sell when the price has collapsed do you?
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Re: Markets Crash?

Postby Guest » Thu Feb 15, 2018 8:47 pm

Rolluplostinspace wrote:
Guest wrote:
Raggamuffin wrote:Oh right. I was expecting a massive crash.


and you kept your shares?
Any sensible person expecting a massive crash sells them.
You hold onto them seeing their value deplete. :off head:

It can be pretty difficult to sell shares when the value is plummeting because few are buying so you hold in there and hope there'll be anpturn.
In a massive crash you'd get pennies on the pound and that's when wise investors and gamblers are buying.
You don't buy when they are at their most expensive do you?
You don't sell when the price has collapsed do you?


The word expecting shows this was before the correction and not during any falls.
I am expecting Man City to win the Premier League.
I won't bet on them the day when it is mathematically impossible for them to be overhauled, will I?
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Re: Markets Crash?

Postby Raggamuffin » Thu Feb 15, 2018 8:48 pm

Guest wrote:
Raggamuffin wrote:Oh right. I was expecting a massive crash.


and you kept your shares?
Any sensible person expecting a massive crash sells them.
You hold onto them seeing their value deplete. :off head:


Of course I held on to them. It would be the worst time to sell them.
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Re: Markets Crash?

Postby Guest » Thu Feb 15, 2018 8:54 pm

Raggamuffin wrote:
Guest wrote:
Raggamuffin wrote:Oh right. I was expecting a massive crash.


and you kept your shares?
Any sensible person expecting a massive crash sells them.
You hold onto them seeing their value deplete. :off head:


Of course I held on to them. It would be the worst time to sell them.


When were you expecting the crash?
Last year?
January?
Last week?
This week?
Today?

I was expecting a crash November onwards.
I sold my shares late October.
I bought them back on Friday for 27% of what I sold them for.
The 8,000 shares I had are now 24,000 and I have £17,000 banked.
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Re: Markets Crash?

Postby Raggamuffin » Thu Feb 15, 2018 9:08 pm

Guest wrote:
Raggamuffin wrote:
Guest wrote:
Raggamuffin wrote:Oh right. I was expecting a massive crash.


and you kept your shares?
Any sensible person expecting a massive crash sells them.
You hold onto them seeing their value deplete. :off head:


Of course I held on to them. It would be the worst time to sell them.


When were you expecting the crash?
Last year?
January?
Last week?
This week?
Today?

I was expecting a crash November onwards.
I sold my shares late October.
I bought them back on Friday for 27% of what I sold them for.
The 8,000 shares I had are now 24,000 and I have £17,000 banked.


People are always talking about the market crashing. I'm not bothered about selling and buying shares - I just like the dividends.
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