TSXV:RHT.H - Post by User
Comment by
Ducksoup000001on Nov 02, 2021 1:48pm
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Post# 34078280
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Calculated timing
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Calculated timingEdinColorado wrote: Does this past year record help?
| months | % change |
| 1 | 7.20% |
| 3 | 54.70% |
| 6 | 114.50% |
| 12 | 334.80% |
Yes, if you bought in at >$2 and didn't manage your account, you are still underwater, but you are a lot less underwater than you were.
If you believed in the company and kept buying at about the time Lisa herself was buying at 20 cents, you are well above water now.
If you lost confidence in the com[any, you used those long-term losses on a $2 stock for tax purposes to offset gains you (hopefully) made elsewhere by investing broadly and you got some benefit too.
Holding onto a loss that big and doing nothing...the costly benefit is that you now know not to do that again.
You are way off topic. You mentioned a line fit on the chart and I responded as how it can fit in since 2017. Clearly there is no long term trend as you said. Instead you change course and preach how to manage one’s investment. I know that and only I know how I have been doing risk assessment since 2017. So don’t spin the focus away from your original but faulty presentation, I must say.