Thoughts on Spaceship Decline

I have invested a fair bit in spaceship and it has been steadily declining since the start of the year. I'm getting worried as this is my life savings. Anything using them, how are you coping with this decline?

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Comments

  • Ummmm… my Super account is down about $15k. But I don't plan to retire for a while so I'm not fussed.

    Right now it's going down, but tomorrow, or in a year, it will go back up again.

  • +1

    Words of advice, the stock market always continues to break previous records, dips are natural occurrences and evidence things are working correctly.
    Don't panic… long term hold, slow and steady is the best bet.

    Want proof, have a look at S&P index (max it in google…), plenty of dips in the track, but guess what….

  • HODL

  • +2

    Out of interest, is there a graph of the Spaceship price history?

  • -1

    Check out West Wits Mining in ASX
    Has 4.3 million oz of gold resource (jorc 2012) and potential to grow to 12.82 million oz gold (jorc 1997)
    Also has potential of 16 million lbs of Uranium resource and more upside potential.
    They have a full Mining right to mine

    Have a look and do your own research and due diligence

    Not a financial advise

  • Don't stress, the market isn't going to always be up, just ride it out and invest what you can live without.

  • My $10 investment is worth $6 now.

    • Buying more now will bring your entry price lower.

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