Something to always remember and very pertinent to any PSEC investment:
As Benjamin Graham, the most intelligent INVESTOR of all time states on page 203 of his book The Intelligent Investor: "But note this important fact: The true investor scarcely ever is forced to sell his shares, and at all other times he is free to disregard the current price quotation. He need pay attention to it and act upon it only to the extent that it suits his book, and no more. Thus the investor who permits himself to be stampeded or unduly worried by unjustified market declines in his holdings is perversely transforming his basic advantage into a basic disadvantage. That man would be better off if his stocks had no market quotation at all, for he would then be spared the mental anguish caused him by other persons' mistakes of judgment.
I REST MY LONG CASE.
bacon2bacon, Thank You that is the best advice I have gotten all week. I do so appreciate you sharing that with me. I think I must get that book and read it. The intelligent investor by Benjamin Graham it does sound like a good book
Graham taught Warren Buffet everything he knows, excluding his womanizing / cheating ways and his liberal democrat politics and any other vapid, corrupt and morally bankrupt lifestyle choices. Graham taught Buffet all of his investment skills not his anti-American politics.