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- 20 July 2021
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i inherited some Poseidon Nickel certificates ( the famous one ) and i laminated one and keep it near where i invest , to remember
not to be overly greedy
sure i missed a lot of profit on some stocks ( by rescuing the investment cash early ) but sometimes that reinvested cash has done nicely in it's new home , anyway
i only started investing in 2011 ( actually VERY late 2010 ) am retired , i have but one chance to get it all mostly right
so i have to balance risk ( growth to resist inflation ) with reward ( asset gain over my remaining years ) , so i am using a LOT of reading history and trying to apply that to what is coming
good luck everyone
BTW i have had my Poseidon Nickel ... PME bought at 16.5 c in 2011 to whatever it closed at on Friday , but over the last 10 years have sold down 90% of the original holding ( and reinvested it elsewhere )
did i make the correct choice , i guess time will tell
not to be overly greedy
sure i missed a lot of profit on some stocks ( by rescuing the investment cash early ) but sometimes that reinvested cash has done nicely in it's new home , anyway
i only started investing in 2011 ( actually VERY late 2010 ) am retired , i have but one chance to get it all mostly right
so i have to balance risk ( growth to resist inflation ) with reward ( asset gain over my remaining years ) , so i am using a LOT of reading history and trying to apply that to what is coming
good luck everyone
BTW i have had my Poseidon Nickel ... PME bought at 16.5 c in 2011 to whatever it closed at on Friday , but over the last 10 years have sold down 90% of the original holding ( and reinvested it elsewhere )
did i make the correct choice , i guess time will tell