RE:RE:RE:RE:RE:RE:RE:RE:FFN unit NAV to oct22 = approx:$17.40Spoken like a desperate shortseller ....
My average on FFN is under 6 $ , despite buying ffn at times above 7$... and that is because i began buying FFN over a year ago, and have collected $1.50 a share in distributions since then....
DID i miss out on some other runs? I had EFR at 2$ average around the same time, it is now over 12$... i sold at 3$ and regretted it ever since. BUT EFR does not pay me distributions every month, and this is important to me.
I do love to swing trade , and that of course augment gains....
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paracelcius wrote: all your reasoning is wrong, because the more shares you buy at a higher price the more it increases the average cost of your shares and for every dollar you invest in that stock, each dollar invested gives you less annual return. if your average is for example 7 dollars your annual return is and will be higher. But in the opposite case if the market price plunges and your average is clearly above the market, you suffer a loss, which comes to erase the return obtained during the year, the only way to overcome this problem, is to inject new capital from your savings, do not forget this! on the stock markets, there is not only FFN, you must take the return of other stock assets. In short, all the money you invest that comes from your savings must have a positive return at the end and this is where your misunderstanding lies.