tag:blogger.com,1999:blog-6533494677366906459.post1656359224155484004..comments2023-05-14T13:16:00.415+01:00Comments on DIY Income Investor : Portfolio Sale: BT Group (LSE:BT.A)Sisyphushttp://www.blogger.com/profile/11345967558482194349noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6533494677366906459.post-33729828613654743772013-05-22T13:50:33.997+01:002013-05-22T13:50:33.997+01:00Interesting, in that the subject is how we make de...Interesting, in that the subject is how we make decisions. I too suffer from quite agonising reluctance to sell. I am risk averse by nature, and this seems to equate to clutching fearfully onto an investment lest a sale crystallise a loss. I am equally poor at selling gains, though with those there is an argument to continue to hold. There is only one big dog in my holding pen these days : iShares South Africa. <br /><br />Given my cognitive weakness there is only one investing style that suits me ( buy and hold ) and only one goal - (value creation preferably through income generation) and so I avidly wait for dividends to arrive so that I can channel them towards further investments. It's an odd thing - my mate Rene is only happy with speculation : buying in order to dump as soon as a profit is locked in. Completely different outlook : couldn't bring myself to do it, and he would have trouble sitting on a static asset. We both make about the same return! TulipCrazehttps://www.blogger.com/profile/03279994663890333870noreply@blogger.comtag:blogger.com,1999:blog-6533494677366906459.post-14151766572294206882013-05-21T19:37:12.025+01:002013-05-21T19:37:12.025+01:00Well, at least you are willing to consider selling...Well, at least you are willing to consider selling as the idea of not selling can be quite harmful to your return. As you pointed out, it can so easily be "Buy and Watch Your Money Disappear".<br /><br />But then, it does come with a caveat that you have to be fully prepared to lose all your money. So really, it is really the matter of "Buy and be mildly amused at the unfairness of the world while watching your value vanishing." It is certainly is in my case!<br /><br />JoeCrystalhttps://www.blogger.com/profile/09704987336977651777noreply@blogger.com