DangerMouse
Thinks s/he gets paid by the post
I think it would be fair to say the events of the past month have had a significant impact on 99% of board members.
I would be interested to hear what lessons we have all learnt from the experience. These would probably be different for all of us as we all have different needs and ways of funding our RE.
For example I have seen some mention of possibly having to sell stocks in 18 months to replenish a cash supply - what will you be doing in future to avoid this if anything?
What about those who feel they drained their cash to get into the market after the initial drop? Would you rush in so quickly next time or develop a different strategy?
One thing I know I have to get stronger on is the decision making. Sometimes I get the deer in headlight moments, knowing I need to do something but hesitating to do so. Not sure how I will overcome this.
I would be interested to hear what lessons we have all learnt from the experience. These would probably be different for all of us as we all have different needs and ways of funding our RE.
For example I have seen some mention of possibly having to sell stocks in 18 months to replenish a cash supply - what will you be doing in future to avoid this if anything?
What about those who feel they drained their cash to get into the market after the initial drop? Would you rush in so quickly next time or develop a different strategy?
One thing I know I have to get stronger on is the decision making. Sometimes I get the deer in headlight moments, knowing I need to do something but hesitating to do so. Not sure how I will overcome this.
Last edited: