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Alpine Total Dynamic Dividend F Message Board

  • barneylipps@ymail.com barneylipps Oct 26, 2012 7:27 PM Flag

    Have an investment question?

     

    I recently retired as a Senior Vice President of a $20 billion publicly traded comapny. I worked there 40 years. I retired making about $1,300,000 a year plus bonuses. I have lots of cash, $2 million dollar home paid off, stocks, bonds, real estate investments, 401K and pension. I would put my Net Worth at about $40 million.

    My investment question conerns the spare change I collected over ther 40 years i worked. When I would come home at night, I would put my quarters, dimes, etc. in a big glass container in the kitchen. I counted the change last weekend and have $2,300,000.00. I am not kidding. I was thinking of buying a few thousand shares of AOD with it. Would that be wise?

    Sentiment: Buy

    This topic is deleted.
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    • no, buy silver

    • I think you need a trusted financial advisor if you're soliciting advise for that kind of money on a message board or considering such a concentrated position.

    • Nice story. You're probably an average investor. Try WSR or UTG for a more secure dividend. I only hold a small posistion in aod now. Also for a monthy dividend and growth and at a bargin today is GLAD.

      Sentiment: Sell

    • Congrats 2 you. Buy your Grand Kids Disney, Mcdonalds.. Do not buy AOD. High Yield Bonds is Dangerous. PIONEER

    • So you need help with the conversion process? Try this for grins. Using Troy Ounces as weight standard for all the american coins you saved to account for your $2,300,000, you will. arrive at an average .0994 ounces per coin. Now add up base value of a quarter,dime,nickel,and penny. Your resulting answer is .41 cents. Now given that you have equal amounts of the above coins saved we can now divide that into your $ 2,300,000. This will give you 5,609,756 coins which if multiplied by our average of .0994 ounces per coin gives us a total of 557,609.75 ounces. Divide that by 16 ounces in a pound and you have 34,850.6 lbs or 17.425 tons worth of coins. I want to know what safe built in this world will house that kind of weight?

      Sentiment: Hold

 
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