Replies to post #426 on Alpine Total Dynamic Dividend CEF (AOD)

[keyscruiser]

I have gone back and done the math, and you are correct, I'm NOT at zero! It will take a few more years..LOL!!! However, I am NOT at a loss, I'm showing a profit, and that I CAN prove. Rather than sharing my finances with you, I've attached a worksheet showing what would happen If you bought 1 share 5 years ago, an extra share every month, and re-invested the dividends. (without comissions) The worksheet is not 100% accurate, and does not reflect my portfolio, but gives you a good idea of how low your PPS would be.

After listening to you and bar1080 the last few days, I may have to change my investing strategy... :-) Although I still like the majority of my portfolio in the green, while listening to my friends crying.

I recommend a good book, Dave Ramsey's "Financial Peace" A friend gave me a copy 20 years ago, before anybody knew who he was, and didn't even have a publisher. I've bought the book for family and friends. The ones that have followed it aren't complaining, and held steady through the tough times. I hope you can see this worksheet!

[bar1080]

It's possible he's done OK in AOD but only if he bought about 4 years ago, not 5 years ago, especially around March 2009, when the market and AOD bottomed. The S&P 500 has since doubled. Just about any stock, aside from pennies, has done well since then. Most have done far better than AOD.

I benchmark all my investments against the S&P 500, which has been my core holding for 20 years. Very, very few investments beat the S&P.

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"AOD on it's website has the facts,"

I've studied their website. Getting the facts isn't easy there. BTW, I believe that Apple is now AOD's #1 holding.