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Penn West Petroleum Ltd. Message Board

  • infinitidrivr infinitidrivr Mar 7, 2013 7:30 PM Flag

    Investment vs. Trades

    I'm a long term investor who seeks income/value over time. I don't have to sell PWE anytime in the future, its dividend is one of 27 I receive along with social security, an annuity and a small pension. I don't have a particular timeframe. When one trades derivatives, they not only assume the risk of being on the right side of the trade, it must do so within an alotted time interval. For instance, I bought VE(Veolia) about 15 months ago. The share price has been down most of the time since then but I have earned about a 7% dividend. It now trades above the purchase price so I've made about 10% annually over the 15 months. Its slow money but more reliable than short term trading. Different strokes for different folks...no insults to others.

 
PWE
1.73-0.04(-2.26%)Jun 29 4:02 PMEDT