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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: Umunhum who wrote (96521)2/8/2008 11:04:25 AM
From: Tommaso  Respond to of 206151
 
Good luck. I think you are correct, but one can be correct and still get wiped out by excessive leverage. At one point in the 1980s I lost half of my entire net worth because of leverage. I mean, a permanent loss. Not just a temporary trading loss. It took me over ten years to recover.

I am content to sit on my COS.UN, fully paid up and stored in a safe deposit box, with its 500% appreciation and 60% annual yield on the original investment. Maybe if I quit mentioning that I will be unbanned from the oil sands thread. <G>