From Russia with Love....

From Russia with Love....

Author
Discussion

BatForcePC

Original Poster:

442 posts

207 months

Tuesday 16th December 2014
quotequote all
I'm interested in your thoughts.

I bought into Russia just after Crimea kicked off, thinking the P/E of around 5 was good value. Oh how foolish. I then watched as planes crashed and Ukraine descended into a s**tstorm and thought...hmm another buying opportunity. So I doubled up. Foolish x10

So today, the rouble is in freefall, capital is leaving the country faster than rats off a sinking ship, OPEC is playing a long game with oil and I find myself down 48%.

Half my head says...you don't really need the money so leave it, in 5 years time the world will be a different place. The other half says...it's going to sink further and Russia may implement capital controls therefore I may lose the lot. My heart says SELL and learn a valuable lesson....

Is anyone else in a similar position? Thoughts? Advice?


BatForcePC

Original Poster:

442 posts

207 months

Tuesday 16th December 2014
quotequote all
Benters; I bought an ETF: LON:HRUB, so a selection of companies.

No not all investments have done well! This is by far the worst though in my experience!!!