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

Alternate Symbol(s):  T.FTN.P.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

Financial 15 Split Corp > Experienced
View:
Post by NobleHouse on Mar 29, 2024 2:23pm

Experienced

While l said l disagree with what you are doing at present , it's not really a disagreement , but more a difference in portfolio objectives.That difference is as you put it once the difference between the rich and the not so rich.As l stated before , with your coin earned on the Street and now retired and a seemingly laissez faire attitude to losses or successes  it would appear to me that you just love the game and take pride , nothing wrong in that for sure , in beating the Market and most if not all the guests we see on BNN.Congrats on your LCS moves, what a great return , but some of us don't have the diversity of the ability to diversify to your extent as our portfolios are far more limited.I also notice that you are much more into ETFs today than when you were active on the Street.That could be a mistaken assumption but it occurred to me that only a few Street Pros like John Hood as an example specialize in ETFs where most ignore them for the most part and prefer to hold individual Stocks.SLANTE The last time l posted that , the computer decided on its own that l meant Slanted.So much for the Good old Days .Take care EX.
Comment by Experienced on Mar 29, 2024 8:16pm
Good points NobleHouse....what you do depends very much on your financial objectives and tolerance to risk. I will be the first to admit that my situation is not typical of many here.  That said, I do try to give people things to think about so that irrespective of their financial position they may make better financial decisions. in terms of my current situation, I don't actually own ...more  
Comment by NobleHouse on Mar 30, 2024 4:15pm
Nothing arrogant in my way of thinking at all. Why l am a strong believer in FTN and at least this split for the long run , l admit l have taken profits and then bought in.I now hold more than ever before and as long as it works l will stick , but l am no longer in love with anything other than my wife and kids, That l learned from you.In regards to Institutional investors , l could care less if ...more