InvestorsHub Logo
Followers 4
Posts 825
Boards Moderated 0
Alias Born 01/04/2013

Re: phillyslade post# 21205

Wednesday, 01/15/2014 4:23:13 PM

Wednesday, January 15, 2014 4:23:13 PM

Post# of 34573
It's not a good idea to make accusations based on things you assume to be true, when you really don't know what the facts are.

The fact is that I try to be wise with my finances, and buying a penny stock with one's emergency fund money is not a good idea.
I have already broken all the wise trading advice that the experts give in investing more than 4% of my portfolio value in one stock, and using funds obtained from a credit card advance to buy shares. I left my emergency fund of precious metals intact.

I recently read that someone here was trying to sell part of his 8 million share load to pay bills, which tells me he bought shares with money that should have gone into an emergency fund.
That is not a good idea.

So hold your criticism of our optimism dude. If you don't have the patience, just sell your shares and forget the whole thing.

Go GDGI