Financial 15 Split Corp T.FTN

Nice Exit

[Toppicks1]

It seems as I got out for a average of 10.16 although I won't be getting the divi.. right after the election it traded at a 12 or 13% discount I wonder if that's coming again....

[AwesomeMatthews]

In my opinion and expericence it's better to wait for a pullback before exiting if you are day/swing trading. Also this time of year is usually bullish, time in the market usually outperforms trying to time the market, not saying your gamble won't pay off but the markets aren't showing weakness at  the moment.

[deisman03]

I'll agree to disagree with that statement. "Time in the market" is a lazy broker catch phrase, or the spiel line given by an "investment counciler" at a bank with a two week "familiarity" program as training in investing.  GLTA the good folks here

[AwesomeMatthews]

I think you misunderstood my statement so let me clarify, we are in a clear uptrend in the market, financials in particular are one of the hottest sectors so being in the market right now makes more sense than sidelining until we see a meaningful shift it's best to be involved. Also you can short the market as well, so again it's being involved 

[flamingogold]

That lazy broker is billionaire Ken Fisher. Even Buffet, the world's best investor echoes the same sentiment with "The stock market is a mechanism for transferring wealth from the impatient to the patient.".

[deisman03]

Horsefeathers, both of those investors are always complaining there just aren't enough "good" vehicles to invest in and have stated on mainstream media that's the only reason they hold onto much of their portfolios.  They're also both getting out of many of those "long time" holds at this point and converting them to cash.  They have to publish their

[Northsea6]

You can live a comfortable life on a lot less than a million $ portfolio , deisman .In my case my wife and l eat very well , have zero debts , paid off house etc.Our portfolio is less than a quarter of your discribed amount but then again we aren't entitled in how we live , no cell phones and expensive apps or trips or new vehicles every 4 years , just enjoying a quality of life and each other

[deisman03]

Northsea6, I hear exactly where you're coming from. I just couldn't tell from your previous posts.  I stated my NET worth is well over a million dollars, not my portfolio.  I keep at least 100K in cash, gold, other valuables. Old lessons are hard learned and I don't want to be caught again. I have been assessed by a few here as being bearish, my term for it is "