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72 sats \ 4 replies \ @grayruby 3 Jan \ parent \ on: Blok’s Daily Stock: Silver Mountain Resources Inc. (AGMR) Stacker_Stocks

The first stock I ever bought was Silver Wheaton. Now called Wheaton Precious Metals Corp. I read about them in moneysense magazine so I opened a brokerage account and bought $500 worth of the stock. 6 months later my $500 was down to $350, so I sold and withdrew my money. Haha

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50 sats \ 3 replies \ @BlokchainB OP 3 Jan

Hahaha I wonder if they pumped during this precious metals bull run

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45 sats \ 2 replies \ @grayruby 3 Jan

The stock has gone up over 10x since I bought it over 20 years ago. Haha

Good lesson though.

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50 sats \ 1 reply \ @BlokchainB OP 3 Jan

Wow!! Yeah that is what I am hoping to do buy and hold 20+ years

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179 sats \ 0 replies \ @grayruby 3 Jan

That's the mindset you have to have. If you believe in a stock and think you are getting a fair value for it don't sell it. It's ok to trim and add around the edges if you feel the need to try and time the market but I wouldn't do that with more than 20% of a position. Just hold it. If your thesis changes then sell it and move on to something else.

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