RE:RE:RE:Another example of the hypocrisy of the ESG left
NPCexe wrote: Hang in there buddy, we need your cool headed opinions so that we are given a fair warning to sell when things are about to get rough.. which might be this year. Just like the last couple of years, 2022 should be a year where everyone focuses on their health; money should be secondary.
SU seriously has a lot of catching up to do. I'm thisclose to doubling my investment in VET while getting a very small return from SU. If any of you want a better return, why don't you have a look at VET, OBE and SGY? I already sold OBE after it had a 50% run in two weeks, not because I no longer like it, but because I've learnt to control my greed and set my profit target when I take on more risk. haven't sold VET because I believe it will only get better from here. SGY has gone up 50% in three weeks, but I believe it has a lot of room to run; it has to at least catch up to OBE. I also have not sold a share. So if you're looking for something that can perform better than this big and flaccid SU, do take a look at those smaller names. Please do your DD. How do you decide when to get out? It's hard to leave when the party is good, but we all know how devasting the consequences can be for pulling out too late. I'm heavy on oil at the moment so I do read a lot about the sector and pretty much everything else going on around the world and deduce my observation from here.
My number one principle I stand by when investing in the stock market is that no amount of money should take priority over my health. If an investment causes me to wake up in the middle of the night with cold sweats, then I'm getting in over my head and it's not worth trading my health for. I either immediately get out or reduce my position so I can be at ease with that investment again. If good health could be bought with money, I'm pretty sure Steve Jobs wouldn't mind paying a few billion dollars for every year he can buy with his wealth. I have also heard stories about the regrets people have in life, how they wished they had been happier, travelled more, spent more time with loved one, mended the broken relationships, been more lenient and forgiving etc...but not one single soul has regretted to not take more risk so they could make more money from the stock market, or stay longer in school so they could earn a PHD to impress people. I do take this lesson to heart when I make an investment decision.