Originally Posted by
copenhagenBA
Thankyou all for your replies
im Mid 40s and have a hands on approach to managing my portfolio. Im long BA around 450 and its been painful to hold while you see stocks that perform well whatever the situation, like Amazon/Apple, so even though i’m diversified, it doesn’t pay just to sit on losses. I love BA, i wish the government personally would do more for the aviation industry. From a stock investor as well as a frequent flyer, the Union situation does muddy the stock i feel but i understand workers need looking after as best as possible in these awful times.
I'm with you on the 'sitting on losses' issue. If you have £100K of IAG stock that was worth £220K 6 months ago, there is no point in worrying about the past. You now have an asset worth £100K and the the question is, is that asset going to appreciate, remain at the same level or depreciate further? You then need to look at what else you could invest that money in which might appreciate more quickly than where it is currently.