Sold it too, stored it too, and now the market has come around—the panic period of the bear market has already passed. It’s a bit shady, but that’s just how they play. What can you do?
The key point is that back then, during such a panic, the mNAV was below 1 for only a few days. Yet when they sell like this, the mNAV is still greater than 1. I really have to say I’m impressed. You can’t cut all the US stock-market newbies.
The key point is that back then, during such a panic, the mNAV was below 1 for only a few days. Yet when they sell like this, the mNAV is still greater than 1. I really have to say I’m impressed. You can’t cut all the US stock-market newbies.