Anavex Life Sciences Corp (AVXL)

[falconer66a]

"...with your strong conviction why you're not backing up the truck."

I have no truck.

As a retired teacher, I'm living on an adequate but not excessive pension. I keep precise financial records, and allocate a small fraction of my non-discretionary funds for "speculation."

Am I speculating on Anavex by buying and holding some AVXL shares? Of course. Every equity is a speculation. None are assured of growth or even survival. One must make informed decisions about such investments. I've done that with Anavex.

I'm not a trader of AVXL or sny other equity. All of the "buy low, sell high" stuff is a financial sport I'm in no position to engage in. I don't read or trade on charts. I don't trade all, actually. Anavex for me is a classic "buy and hold."

With Anavex (and the few other equities I own), I take a long-term perspective; looking for rewarding dividends in some years in the future, with associated high share values --- which most likely will pass on to my heirs.