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Re: SilverNick post# 2485

Sunday, 09/11/2016 1:38:20 PM

Sunday, September 11, 2016 1:38:20 PM

Post# of 2553
you are not alone my friend. 99% of the people that play penny and sub penny stocks lose...I have myself...still have several sub penny stocks that remind me of my younger aggressive (and ignorant) days in the market...lol. some things to think about...learn some investing rules...rules that cater to YOU. they don't all apply to everyone...it depends on your goals...risk/reward willingness...and amount of money you have to play with. I use a few simple rules for my long term div stocks. keep in mind that there is, and will always be someone out there that absolutely HATES the stocks you might like. They will have nothing good to say about it...and on the flip side...you have those that love the same ones. I always follow up what anyone says with my own DD to satisfy myself. I always try to include links to the info I post as a credibility factor. Anyone can post garbage and opinions...

Learn the rule of 72...and the rule of 115. I use them for projecting my div stock values years out.

when picking a div stock...especially one that has a high yield...say above 7%...check how they have paid divs over the last 2-3 -5 years....have they been consistant...were some of the dives "special" one time payouts.

compare to see how their SP/div has moved over that same timeframe.

look at management..do they appear to be competent and growing the company.....all this info is free on the web. I use yahoo finance and quotemedia.com to do a lot of simple DD...I also read Ihub boards to find info to further research and DD...there are a ton of good DD sites...so use what you feel comfortable with. Read SEC filings on the companies as well...as you get more involved...you will get more involved. You learn how to DD a company fairly quickly and make a decision to buy...walk away...or continue to DD that stock.I NEVER take for granted what is posted on a message board. I ALWAYS DD any info I find interesting.
things to remember.

1. PATIENCE and GREED are the most difficult parts of investing...too much...too little...thats why you DD stocks....helps to control your impulses.

1. NO ONE invests in the stock market with the intent to lose money...just doesn't happen.

2. NO ONE other than yourself really gives a crap if YOU make money in the market. It's nice to see someone make money...but it does nothing for YOUR pocket book.

3. DD is relevant to a person as it fits within their personal comfort zone for investing. Just because a company is doing well, doesn't mean it's a good investment for everyone.
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