Normal
IMO lets play "black or red" on Roulette wheel. We will put a dollar on black. It loses so we will put 2 dollars on black. (one for the one we just lost and one for that dollar I'm going to win) If we lose a second time lets just keep doubling and when black comes up we win. You can't lose!But what happens when one day you find yourself putting the house on the line just to make that single dollar? "how can so many reds keep coming up" So you put the house on the line because you don't except losing half the value of the house. And red still turned up! (and the colours are correct)So we didn't optimise our investments? Was it such a poor decision to keep AUD? This is what nunthewiser was referring to. You don't have to pick exact highs and lows somewhere close is just fine. The point you had cash would be better than your long termers at present.
IMO lets play "black or red" on Roulette wheel. We will put a dollar on black. It loses so we will put 2 dollars on black. (one for the one we just lost and one for that dollar I'm going to win) If we lose a second time lets just keep doubling and when black comes up we win. You can't lose!
But what happens when one day you find yourself putting the house on the line just to make that single dollar? "how can so many reds keep coming up" So you put the house on the line because you don't except losing half the value of the house. And red still turned up!
(and the colours are correct)
So we didn't optimise our investments? Was it such a poor decision to keep AUD? This is what nunthewiser was referring to. You don't have to pick exact highs and lows somewhere close is just fine. The point you had cash would be better than your long termers at present.
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