@WealthWise15992 Everyone is scared of FOJI π.
On a serious, I feel we should not focus too much on the market being too high or too low but more about the business we are getting into and the strategy.
1) Business 2) Strategy 3) Market
@StockCompounder I wonder why would Buffett keep some very very small positions.
Like he cut ULTA and kept just some 24k shares.
What is the strategy with that?
@WealthWise15992 They wanted to swap some plots for PIA.
Imagine the sorry state of National airline.
They may offer 5 marla plot free with an economy class ticket, only way to sell out all the Blue World City ππ
@WealthWise15992 They will improve cash position considering there is no guaranteed income from Gov now.
Capex will be likely funded by dividends from subsidiaries & JVs.
Initiative are good & promising, as long term investor I think a year of lower or no dividends but then a solid conglomerate.
@HamzaKhalid95@WealthWise15992 Great initiative by @HamzaKhalid95 , few go out of way to encourage new investors & this initiative surely gives a good feel on how investing journey transforms with experience.
@WealthWise15992 is a very experienced investor with good qualitative analysis on many businesses
Bless friends who are willing to have ridiculously honest conversations about money, income, and investing ππΌ
I am blessed to have 2 gems in my life.
@StockCompounder@mohammadnasimhk
@StockCompounder@iammtmpk MEBL, ILP, SYS, HINOON & APL. Cant leave out Engro to complete the list though I only have very small holding of it in my portfolio
The ability to do what you want, when you want, with who you want, for as long as you want, is priceless.
It is the highest dividend money pays.
#longterminvestment#financialfreedom