Show me da money - advice?

[#1]

Hi there, I have roughly lost R 20 000 since the beginning of this year when the markets started to fall. I have invested in various sectors. Is it better to stay in or get out and invest in other areas? I have about R 40 000 loose at the moment. What is a good share to buy to try and make up for my losses until end of this year?

[Brazen]

What shares are you invested in Fundie? And it's really never a good idea to buy a share to try and make up losses. That kind of pressure leads to bad decisions usually.

[kwagga]

Fundie. Your first mistake is to try and make up your R20 000 losses. Consider that as a write off. The psychology behind trading will lead you to more risky investments because you feel pressured to make up your losses. The second mistake you made was to ask this forum for advice. Do your own homework and then make a decision based on your findings. This will be a tough year to make up a 33% loss on an initial investment. My advice is to start to focus on longer term investments in undervalued blue chips and keep a few bucks aside for those low hanging fruit during the cause of the year like the MTN on the recent takeover announcement.omo

[Brazen]

Also the 20K isn't that relavent - the percentage loss is. If you invested 200K 10% loss is within stop loss parameters, if you invested 25k and lost 20, well that's not so good.

[Preston]

Best advise...Buy books about trading,its psychology and read and read and read...!

[#6]

the markets started to fall, TOPI & ALSH hit new highs just yesterday. Wrong share selection or gummi bear syndrome?

[#7]

Definatley a Super disease syndrome!!!LOL

[#8]

Like herpes he lies dormant, only to flare up at the least provocation.

[#9]

Yes, when he is supposed to be playing the Jewish piano in his uncle's shop!

[jamoo]

hey, education is key. charts are immensely important, buy low sell high. resources is where all the action is. undervalue bluechips may remian undervalue for the next 10 years! its not very smart. understand your charts, read the forum but don't take any suggestion until you do your research. don't get emotional you can not win all the time. and lastly, the money you lost its gone.

[mosismoke]

Fundie patience pays even though I do not know which stocks you are holding. By the end of december last year I 'lost' about 50% of my money and have snce recovered obviously not all off it but a huge chunk. And all my resources are now positive. Long term you may recover.

[Quakedog]

No one answered the question!!!!

[Quakedog]

Here is a few I like and will probably make you some cash! ELI,ZED,SAM for short term in and outs. More longer term LBT,TWP,MUR,MSM,IPL,WHL,and obviously the king SOL!!!!gotta have SOL!!