So I decided to look back to the very first shares i bought in feb 2007 to see what they were up to now...
Well, If i'd held those shares, my portfolio would be up 190%.
Needless to say, i'm not up 190%.
Of the 8 positions, 3 have incerased, (BRM, + 1100%, PMM, +270%, and JMS +2%), even with a few massive losses (a -80% and 2 -50%'s) they're still up nearly 200% overall.
This got me thinking, what would happen if i bought say 50 small cap shares and left them for 5 years? There would surely be a couple that were +1000% after 5 years. That alone would likely cover any losses.
Does anyone have a stash of sub 10c shares stuck away in their bottom draw?
And has anyone tested something similar to see if it is a viable strategy?