Hi t2 - if you buy it long term, probably you are alright. However, excluding your case, and in general, just as a reminder of myself, there is no such a thing called risking too much for not overweighting [I presume you have a lot of BCE or NT] in a volatile market like this. As recent as today, I sold a loser for 20% less than I paid for it, but sometimes, capital preservation is to least risky action. But then, it is just me.
As far as NT is concerned, even after I ve lightened up, she is still 1/3 of my portfolio [that shows how bad I did in the last month :(,] and it is likely I will sell anymore in any event.
best, Bosco |
