Re: Divvys ..Yummy...Jay..Rico....
in response to
by
posted on
Apr 09, 2013 08:37AM
We seem to be kindred spirits..old too fast and smart too late..
I would be a billionaire a couple of times over had I been smarter and not been such a gambler which is what i was doing when I was buying penny stocks and turning them into thin air instead of multi baggers as my dreams for the stock were.
My two biggest holdings are AR and KWH.un,but Ar PAYS NO DIVVYS SO WILL BE THE FIRST TO GO..
I hate slow moving stocks and have lots of BNS and MFC as DRIP stocks ,quarterly..but boring!!
Having dropped $1.2 million on the correction a few years ago I decided to bight the bullet and smarten up and look after my retirement a little smarter .The first thing I did was fire my financial adviser...who was bleeding me dry for a few years when I made so much that my banker talked me into some professional; guidance..
When the snake smiles at you RUN!!!
It cost me big time on fees and losses on their recommendations..so after 4 years they were gone..
When I set up my accounts I set them ups a s self directed RRSP's and RRIF's and the trading rules are the same..so it is an easy switch..a few differences you must take a minimum of 7% from your RRIF yearly ,which can be split monthly ,quarterly or in a lump..I chose monthly and from the original investments I put in the SDRRIF's they are actually growing ,with some careful management and my monthly payments grow every year so far so what is not to like.
So now when I buy a stock ,such as CRIUS,I do some serious research and relate the company to some like companies that exist ..and they have to be gold plated ..or at least have the "Right stuff" to become big winners ,which I think Crius will become..
The analysts have more info than us and if TWO from Thompson s say BUY..it has to have good potential and that is what I am gambling on now..It will be a big time winner for those of us the DARE..
So hold on brothers ..you are all veterans and know that market is fickle as a two bit hooker ..but the cream will rise to the top and as far as I know we are all in here below the original IPO price which was only last fall ..that is a dream position to be in and I would not panic with a few ups and bumps..
Valhalla is just down the road...
Stay strong and you will enjoy the halls of the warriors when our time is over,..
Portee