You remind me of someone I worked for many years ago - he would set us off on a project, which would involve a considerable amount of data collection and analysis, only to divert our resources to something completely different a short while later.
There were many partially completed projects, several of which were completely abandoned, but occasionally, he would say “Do you remember the project you were working on a few weeks ago - do you still have the data? Can we take another look at it etc. etc…”!!!
As a result, in the three and a half years I worked in that Head Office function, we had very little positive impact on the business.
Thankfully, other people I have worked for/with, have had a very clear medium/long term plan, and managed to really focus on achieving challenging but realistic objectives.
When my wife and I were left our initial batch of HSBC shares, we had a twenty year plan.
When the 2008 financial crisis hit, and the subsequent 2009 Rights Issue was announced, we adjusted that plan, and set “new” long-term goals.
By the time the 2018 full year results are announced in February next year, eighteen of the original twenty years will have passed, and there is a possibility that by the end of next year, we will achieve our revised goals, so we will review again then.
With very few (full) trading days left this year, I expect to be showing a “paper” loss for the year - which is likely to be very similar to the “paper” gain for last year, but am hopeful for better things next year - both in terms of the share price and improved (sterling) dividend.
We will be really pleased if our combined savings and investment income exceeds this year’s total - which is more than we have previously received.
During the first quarter next year, most of the banking sector and several insurers announce their annual results for 2018.
I expect there is good long-term potential for many of these, but having decided not to invest in Lloyds last year, we placed that money elsewhere, and have no intention of moving it until late September next year.
Although there are bargains to be had, and a certain amount of money can be saved, we do not keep “chopping and changing” our banks, building societies, energy , internet, landline and mobile phone providers, insurers, etc., but we do sometimes wish some of these companies would offer loyalty bonuses - not just special deals for"new" customers!!!
All the best with your investments. be it short, medium or long term.