MV Oil Trust (MVO)

[Investorman]

I don't know what the Canadian dollar has to do with MVO but as for all the rest, I'm not an expert but I do know one who pointed me toward this. I lose on some investments and win on others and as long as the winners outnumber the losers, I am doing ok. Since it has worked for me for over 30 years now, I have no complaints.

Since most of my investment capital is in index funds these days, I just ride out the major ups and downs and take the long view toward investing. I have never been a trader so when buying individual companies, I tend to stay with them a long time. I still own the first stock I ever bought (WMT) back in 1976 and while I did sell some of it, I have no complaints although it has pretty much had its run and I should probably sell the rest of it. I'm sentimental I guess.