RE:RE:RE:RE:RE:RE:all this Buying SupportPandora wrote: Johnnysback wrote: Pandora wrote: Johnnysback wrote: GrainOfSalt wrote: About a week now where volume has been at least double average volume. Got to be something up you gotta think. This stock is way undervalued to begin with so good to see the up up up in the SP. Slowly getting the moving averages creeping upward.
And even if it doesnt get bought, I still get a decent divi being paid to wait...
And I mean what else could a person think of to do with $190,000? It grows on the tree in the back yard so why not.
Im fairly wealthy. I own my house, and I have my own business and a little realestate... I put about $8000/month into the stock market just from my salary after I pay my household and family expenses. Not everyone here has a job making 25/hr. There are people a lot wealthier than I am on here. Im getting near retirment age, Im not a student lol
Good for you. Nice place to be. Congratulations on your successes. Just don't get burned on some of these stocks. My OAS and CPP amounts keep me a little more reserved -- in fact the "experts" say I shouldn't even be here. They feel I would be better off with a 2% GIC so I don't lose any money -- they forget the part where you don't make any money even if you need it. I guess they figure the $15 annual increase one gets on the OAS is enough to get by with. Such is life.
Thanks for the advice. I can tolerate some risk, as I am only 49... when I said I was getting near retirement I meant the age I want to retire at which is 52. ..... OAS is a joke really, only meant to supplement your income not that you could ever live on it.. I see my fathers going in every month along with his pension and CPP in our joint account... he is 80..... he gets about $3000/month and my step mom is still working at age 59 so he is doing ok....... I want to have about $12,000 per month coming in so we (my wife and I) can travel etc, and spend most of it by age 70,...... when I can get OAS maybe I will only have $5000 per month around that time..or so between my wife and I and then at least I can get some OAS because with $12,000 per month coming in I think I would get nothing...