Question Benedict I am legitimately curious about something.
I ask this question with no I'll will and don't wish to condem anyone as there are many ways to invest and many ways to spend our time.
You spend a lot of time posting about Knight. it seems that you have a large investment in one stock. If that is how you hope to make wealth, whatever that is to you, I have found it is not at all a successful strategy.
My question is are you all in on Knight and that is why you are so consumed?
Would you ever consider more of a portfolio approach?
you seem to have a fair bit of financial knowledge. Have you considered changing the strategy?
I use to only hold a few companies and it was the same pattern over and over. Hit a home run and slowly give it back.
There is a reason the wealthy people have large portfolios.
Spend 150.00 on a 5 I Research membership. It is a group of thousands of serious investors sharing ideas and bouncing them off seasoned professionals.
It gave me shop at 50.00 well at 3.00, AT at 17.00 ( waited way too long) CSU at 900.00, KXS at 40.00, just to name a few.
Yes you will lose on some but you should be able to do 15 - 30% a year and if you are playing with as large of an investment as it seems by the amount of time you spend here you should be able to compound that into millions.
You are right this stock may do nothing for a very long time. They may even go bust. Although I doubt it. Life is short. Use the free gift of diversication and secure that future for you and your family. You will be happy confident and advancing the line as my portfolio manager says.
Yes that is right I pay an advisor as well as running a separate portfolio of my own.
Why? To protect me from myself.
It's about growing that bottom line and nothing else. No one stock matters. At all! Even if they go to 0.