Hi Toofuzzy, Yep, I understand the "smoke pouring out my ears."
I'm not a millionaire yet,... because I only started trying to understand the whole market thing in early 2014, shortly after my mother died and I had to manage two trust accounts. Then I came across AIM because of the book I had bought back in 2002 and never implemented for a variety of reasons. Joined this board in July, 2014 and have been most cautious since then.
The problem I started with is that my mother traded income for declining share values so that all of her positions were in negative territory by up to ~65%, an average of about 35%. That has be almost overcome and the net value of the positions is down only about 8% now and yet the rate of dividend return has declined only about 15%. So, on the whole things are much better and now have a good sized cash pool going forward. But, as CNBC quoted:
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