Hi George
Am not ignoring you, have been at work all day. Didn't make any money there either.
You are only slightly more ancient than me, (3 years).
I'm not any kind of an advisor, I don't have a track record that would even qualify me as knowledgeable.
I personally like MMU, but have a tendency to act on intuition, and ignore facts. Or at best, interpret factual data to justify my own reasoning.
As for betting the ranch on any stock exchange, I wouldn't do it. I don't call what I am doing investing. I could probably get a better return in a crap game, over the short run anyway.
I had an acquaintance 30 years ago, who was a high powered salesman for a brokerage company in Vancouver. He told me that the VSE was not about mining, it was about, "mining the people."
I believe that is true for any exchange, NYSE, TSE, or VSE. At the VSE level more of us can participate. Hard to throw IBM, DuPont, or Royal Bank around in the quantities we throw MMU, or ELE. But I'll bet, in proportion, over a ten year period, they don't do much better, unless you are buying them for dividends.
So all I can say is go with your gut, if it's wrong, - well that's just the way it is. Think of the fun you had.
All the best
Bruce. |
