RE:RE:Legend has it...Hi Sophia. Yuppers, that inflation monster taking a bite out of each investment dollar every passing year. Roughly 3-5 cents out of each investment dollar goes POOF GONE to inflation each year.
Golfyeti took out a HELOC in 2012, so along with they yearly inflationary losses, he's been facing additional losses because he's been paying interest charges on a HELOC for nearly 4 years running. He wasn't worried in January 2013 when he posted the message below, as he firmly believed a $10-$15 buyout was coming any day. I wonder what he thinks now. He's paid roughly $14k over the past 4 years just in interest charges. Sweet Jesus. I can totally understand when Golfyeti refers to Copper Fox as a 'black hole of a company' as it's sure sucked a lot of money from a lot of shareholders who invested many years ago, and that money hasn't been seen since.
Re: Level 2
I suggested people look at the effects of leveraging.
And I did arrange a non-callable Heloc loan when the SP was around $1.20 and soon after it was set-up I bought over 105,000 shares at an a average of $1.04. Interest-only payments are about $305/mo, fully tax deductible. Just made my second payment.
I'm not worried.