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One wheel less on my market barrow...


tonyw3

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Some time ago, when the Stock Market was doing extremely well, I bought some iShares in the Footsie 100. These have nose-dived into the English Channel. I was thinking of moving what pitiful amount I have left to the Chinese market - maybe something like the FXC. Has this market had its day? Or should I spend it down the pub?
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Tonyw3 - leave your investment where it is. It sounds like you have already written off the investment. If that's true then why bother crystallising your loss? You might as well sit it out and see if the shares rise again. They often do. It may take years, but what do you have to lose?


When else would you buy high and sell low?

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Whilst it remains in a state of loss it may remind you not to be so lavish with your hard earned.




Although as it is in stirling which is little better than the investment you made in shares, cos the inflation rate is bordering on a runaway train.

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