TSX:BPO.PR.A - Post by User
Comment by
pierrelebelon May 30, 2024 2:24pm
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Post# 36064893
RE:Pierre, LOOK at the long term charts of virtually every
RE:Pierre, LOOK at the long term charts of virtually every
You do NOT get it, do you?
"LOOK at the long term charts of virtually every holding you own. "
As if I had purchased every issue at the top of their trading range!
One of our best investments is BPO.PR.T.
Look at the 5 year chart, look at 10 years, so what? Down from $25, so what?
We purchased BPO.PR.T mostly in the $10 to $13 range with a tax advantaged yield of about 14% on average.
Looking at long term charts is an important tool used by most investors. But it is not the only one. And many long term investors do just that: buy near the bottom of the chart!
Look at your own holdings in BPO preferred shares. Look at the 5 year chart, 10 year chart. So what? They will show the same trading in the $22/$25 range for years. Does that mean you are losing money? Of course not.
As I wrote earlier, you do not know other people's circumstances and making assumptions or guesses is futile. All you have been trying to prove for months is that everyone else is wrong and only you know what is best.
Once again, mind your own business.
On this board you should discuss BPO preferred shares nothing else. Do not waste your time telling other folks how to invest or plan their taxes.