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Monday, 01/12/2009 11:56:33 AM

Monday, January 12, 2009 11:56:33 AM

Post# of 7338
Hey guys I just wanted to say bye to everyone. I sold the rest of my worthless shares a few days ago around .13-.15. I reinvested what I had left in 4 large cap companies on the NYSE, very small investments. No more pennies for me, been scammed for the last time.

Have a good 2009 guys, and please don't play pennies anymore, just my advice. Not worth the stress and loss of money. You may not make as much money on large cap companies short term, but over time if you keep investing a bit every month or so and average down or sell at a profit and reinvest as well as the divys, I think you'll find you can retire on a small fortune.

Good luck all, I may check back every so often. But please avoid pennies, the money could be going to fund terrorism or drug cartels in the bigger picture. It's not that far fetched.

Here's a good article on a woman who turned 8k into 22m over 50 years, pretty inspiring to those of us that have lost money on pennies over the years, thought it was pretty cool:

http://firefinance.blogspot.com/2006/02/review-how-to-turn-5000-into-22.html

OK, take care everyone.

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