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Re: chemist72 post# 6306

Thursday, 02/22/2018 1:20:01 PM

Thursday, February 22, 2018 1:20:01 PM

Post# of 8795
Hearing your funny thoughts, Chemist, I'll speak only for myself and say that it's very easy to start second guessing one's investment here and start thinking like a trader.

But for me it's not worth paying higher cap gains tax-rates and possibly missing out on sudden news out of the blue by taking a lot of current profits off the table, so i don't think about swing trading it but rather I simply do a lot of other things (writing, hiking, etc.) and not get hung up on the daily fluctuations.

Just looking at the enormous size of RCP's known cash equivalents and AUM, i know that PIOE is under-valued and will one day or week or month be MUCH higher. So i'm sitting content with these 134k shares (haven't sold a one).... adhering to W.Buffett's old adage about patience.
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  • 5Y
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