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Re: rfj1862 post# 178

Wednesday, 09/26/2007 9:35:07 PM

Wednesday, September 26, 2007 9:35:07 PM

Post# of 610
rfj, regarding your lament:....

< PS: I find it surprising that nobody seems to be interested in this board. I'm making a boatload on these stocks. Oh well, I guess any message board where Eternal Image--a .007-cent/share company that sells funeral urns--generates >100,000 posts probably doesn't have much of an audience for rational stock picking. (Aside from BV, of course).>

To the contrary... I think that you have generated substantial interest for this board... You currently have 27 bookmarks (I’m one) and 179 posts by 17 different posters since inception three weeks ago. More importantly, the posts have been informative and authored by knowledgeable and serious posters.

If I find a thread to which I can make a meaningful contribution, I will. As it stands, I’m interested in this board because I am a retiree with about 15% of my money in high yield equities (VVR, BAC, & EPD) for the sole purpose of generating cash flow to live on. I don’t often change my investments, so I’m just cataloging recommendations made here while focusing upon any gratuitous insights which will make me a better investor as time goes on.

I’ve avoided Canroys because my high yield investments are in my taxable account and I habitually avoid tax complexities (I do my own returns)... I understand, that it is wiser to put high yield stocks in nontaxed accounts to avoid tax on the annual distributions. My purpose, however, is to generate money for living expenses.. taxes cannot be avoided.


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