gonnamakeit
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as this is a long term plan yes i was planning to hold for many years - with this strategy i didnt think i would need to exit at all except near retirment
as investors we know that if we are in this for the long run then we may go through such crashes - but in the end markets do rise and as you have bought lower when market gets back rallies you will be a lot better off - rather then selling up in bad times.
do you think a full exit plan is needed - see if this was a pension etc it would be held till you would need to crystallise - maybe plan for this 5 years before you need to retire.
you say 40 % loss - but this was followed later by gains which far outweighed these...
again would like to make this a long term plan so any tweaks changes you feel would be greatly appreciated....
thanks
as investors we know that if we are in this for the long run then we may go through such crashes - but in the end markets do rise and as you have bought lower when market gets back rallies you will be a lot better off - rather then selling up in bad times.
do you think a full exit plan is needed - see if this was a pension etc it would be held till you would need to crystallise - maybe plan for this 5 years before you need to retire.
you say 40 % loss - but this was followed later by gains which far outweighed these...
again would like to make this a long term plan so any tweaks changes you feel would be greatly appreciated....
thanks