RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:That ~14% yield will jump to probably ~15%-25% for mostThanks DemDem for heads up.... I estimate it will take 2 years for 100% gain on BPO. So, that kind of gives you an idea of how long or longer I'm hold stocks.
I target 100%ers..... over 1 or 2 or 3 years....
I'm not trying for 2% daily..... I'm not that good. Plus, I'm already stressed enough playing the "slow" game, never mind being a "hyper" trader, day-trader.
I'm not a Day-Trader, nor am I an dedicated long term shareholder. I don't hold for life. I search for 100%ers, when I find a potential one, I buy and hold for my ~100% then usually sell and search for next 100%er... How long that takes, varies. Sometimes months, sometimes years.
My last 100%er+ took less than a year. This one I'm guessing 2+ years.
I guess, I'm a short term Investor. Maybe Taxman will think different, don't know....Haven't come knocking on my door yet. I think 6 years is the limit on how long I have to hold onto records of my trades.
I have had "questionable" things happen to my brokerage account. Shares being removed, shares suddenly disappear from my account without any notice or explaination or compensation or permission..... So, if the government likes to investigate, go right a head.
Stelco.... I got a letter stating that those shares were being removed from my account. This atleast I got a letter.
I had at least another just dissappear from my account. No sell record. No letter. No transaction record of it being removed.... Just dissappear. One month the stock is in my holdings, next statement it's not. The shares may have been worthless, but still they shouldn't just dissappear without a trace, or transaction stating what's going on.
So, bring it on, if the government wants to investigate.
All just my opinion/view/thinking/how I'm trading at the moment......little crazy.