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Bullboard - Stock Discussion Forum Financial 15 Split Corp T.FTN

Alternate Symbol(s):  T.FTN.PR.A | FNNCF

Financial 15 Split Corp. is a mutual fund, which invests in a portfolio consisting of over 15 financial services companies. The Company offers two types of shares, such as Preferred Shares and Class A Shares. Its investment objectives with respect to Preferred Shares are to provide holders of Preferred Shares with cumulative preferential monthly cash dividends in an amount of over 6.75... see more

TSX:FTN - Post Discussion

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Post by Doodlebug on Nov 23, 2022 9:46pm

Deisman

Another up day for FTN and another big move for us Hold investors. I most certainly look forward to MMs NAV valuations and the cushion is growing daily. Cash , while good , l guess gets eroded every day and since your post going all cash and selling FTN in the low $9 s or in the high $8 s and missing the dividend , it is now only  a minimum of8 or more % higher. This is the problem with attempting to time the markets , you win , you lose and in this case misseda big move. About 45% of my money is in FTN and since your post on $ 8,84  including div added l am up a mere $6500  in a matter of a week or so. Small potato's to some but l enjoy those little potatoes. If someone can time the market consistently , they would be Billionaires and not working for some Investment MGMT company probably posting here.Just enjoying top notch Food and Champagne on their 100 ft yacht in the MED.. l am not that lucky so l will rejoice in consistent steady growth and all Dividends reinvested. .Good Luck to you as well , nothing wrong with a differing strategy'. Whatever works.
Comment by deisman03 on Nov 23, 2022 11:15pm
Gloat as much as you like, I don't mind one bit, over the past month, I'm up over $15K and still have 100% of my capitol as well, stashed in cash nicely in my accounts  I'm not dissing the folks that hold by any means and never will. It's not a bad strategy, until it isn't.  Unlike many here, I can't reliably pick tops and bottoms. For those that can, good on ...more  
Comment by Doodlebug on Nov 25, 2022 11:13am
Mr D, no gloating intended as it is clear your all in,all out strategy works for you , but l seriously doubt for 99% of investors out there. I have watched a few videos and read about your way of investing, my take was not that you are wrong in any way , just that it takes , l would think a certain amount of nerves of steel to bet the farm on a single roll of the dice. Despite inflation concerns ...more  
Comment by deisman03 on Nov 25, 2022 12:15pm
As soon as I hear the terms "long term" "over time" ''you have to diversify" from a talking head on any of the investing media outlets, I cringe.  To me, that is a LAZY/UNSCRUPULOUS broker making excuses for failing to grasp the markets ebb and flow.  One thing I will admit, my method of investment is very conservative and I often miss the big money ...more  
Comment by DocMolly on Nov 24, 2022 5:26am
  Please keep your posts about FTN, no one cares about your trolling ambitions ... Cheers
Comment by doodleCarp on Nov 25, 2022 11:33am
This post has been removed in accordance with Community Policy
Comment by Lisagerrard17 on Nov 25, 2022 2:59pm
Comment by BlueElk on Nov 26, 2022 4:51am
   FTN seems like a safe bet compaired to your last several picks... good luck !!
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