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Gold/Mining/Energy : Imperial Metals (IPM.T)
IPM 1.970-0.5%3:59 PM EST

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To: refugee investor who wrote (802)3/26/2011 3:23:46 PM
From: Italian Investor  Read Replies (1) of 1366
 
Refugee made his 1st sell in 2011 lol. I think you are right much more potential upside with BAC. I hold a little BAC but much larger holdings in MBI and C.

Have you held on to your MGM Energy? No, I have no idea why I sold because it was such a small sum of money and my original plan was to hold it forever lol, but I got a quick penny or 4%-5% return and exited made less than 100 dollars on it. Not sure where it is now have not really been paying attention to the market the last week or so because of my present situation (too much ST capital gains and not many LT). I am pretty much scared to make a move now because I am being taxed @ a really high rate and it is still March, so not much motivation to be a trader, taking the Refugee approach going forward (darn it is boring No trading for a week now I don’t know how you do it!! I feel like I lost my best friend or an alcoholic with no booos). So, the new strategy is to hold pretty much all out of favor Large Caps that are historically cheap until late this year and sell the losers and hold onto the winners until LT gains are realized. Next year I will be back to my old ways but it is no fun for me right now when Uncle Sam is taking half.

Friends and family members are pushing me to create a webpage on investing on my free time, but I am lazy lol, and I do not think I am the best person to grab someone attention writing, so I think it will be a waste of time. If they keep pushing and I get bored from not trading I might do something for them. I know the coming yard work is going to keep me busy for a few months, so maybe after the summer if they are still offering to edit my writing and do all the teckie stuff I will get them off my back.

Neil F
gurufocus.com

Very funny
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