Hi Frank: Holding mine for the long term. If I have (only?)one security that I end up with, as in "holding the bag" for another 10 years or so, it will just have to be SWG. If I bot it too high, I may sell and take the loss. I do not see any of the juniors/explorers as a loss, if this is a bull run for the PMs, they will surely do OK with a little PR. All we have to do now is let the MMs and the PRs do the work, if this is a true bull run for a couple years.
Not used to holding something very long term, but is it wonderful to hold em long term, or what? I will not mind some big long term gains at a very low tax bracket for once. Way I look at it, defer as much in gains as long as possible, trying to take profit gradually next couple years would be ideal for me. 'Course, if it all must be sold at max spike high some time, I may see the need to abandon long term outlook.
Still my thinking: That lows of Oct late this year or next will give short term buy opps; but, on a large portfolio basis, I will wait for the drawn out years of final capitulation.
Got any strategies for this options expiry week?
Best Wishes;
Rails |
