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Re: jsc52033 post# 233

Thursday, 10/27/2022 9:36:18 PM

Thursday, October 27, 2022 9:36:18 PM

Post# of 273
JSC Pretty much... Why trade real money(AU/AG) for fiat when you don't have to. Willing to be flexible so lets start at 50%/.Cash divvie 50%/AU retained. As discussed earlier I prefer capital gains over divvies more than 50/50. That way we can provide a benefit to both investor groups. Those that want or need cash flow. and those that prefer capital gains. Watching the stock price drop and drop isn't good for either group. My all in cost is still around low mid $6 dollar range so its salt in my wounds to be paying taxes on divvies while I see my investment is losing value. Capital losses which most of us have are not valuable to offset divvies. I have significant short and long term capital losses on Fortitude ( 6 figures). BFD I get a divvie,..especially since I have to pay taxes on it while I have 6 figure loss on my equity. Its like pooping in a fan.....I once heard the definition of insanity is doing the same thing over and over and expecting different results. ... We've been there and done that.... Its in your corner mgmt. Am of the opinion its time to re-think your strategy. The big divvie was a good come exposed as disastrous with continuous off setting stock price losses.

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