took a ride to Newport Rhode Island today on my motorcycle. end up talking stocks
my girlfriend and I are walking along the marina. million dollar boats
I should say yachts. I start talking to a guy about the stock market and tell him if I hadn't lost all my money I would on a boat maybe... I told him I was trying to trade myself on Scottrade. so he tells me to buy and hold a dividend stock.. so he told me he had bought Apple at 175 and sold it at 25 after it dropped from 700. he tells me he is now looking to buy annaly. I couldn't believe when he said that. so I told him I had bought it at 13.40 he told me I got it at a good price but I should buy more
I told him I only got 1500 left. and I will never use margin
he told me not to so at all. hold and reinvest the dividend anything below 18
he made me feel very confident about this company. he said he was once in the retirement business.IRAs and such.
number one ..should I base my trade on what some #$%$ said on the message board. I also do not believe in selling less than what you paid that doesn't make sense. I'm sure you bought at 16 or 18 so you go ahead and sell and someone else will buy your shares cheap. I would rather listen to a Millionaire sitting on a million dollar boat then someone on this message board. so you should just run along now and sell. I'm sure some buyer will thank you