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