Replies to post #428 on Alpine Total Dynamic Dividend CEF (AOD)

[keyscruiser]

That worksheet was only to give you an idea of that strategy, not the exact method I used or of course when or how may shares I bought at one time. I can assure you that I'm in the green (NOT ZERO) and could sell at a profit, but prefer getting the "dividends." At this time, I'm no longer re-investing or purchasing any more shares, I'm using that strategy with another security right now. I've reduced my PPS drastically, and hoping for a buyout of that particular energy company. I didn't even want the stock, they bought a company I owned at a huge discounted price, so I got stuck with the shares.

BTW, I ran out that spreadsheet this morning, and it would be 20 more years before a zero position. Like I said, you have to be young to get started. Regardless, I'm happy with my AOD investment, but after listening to you guys, I've put in a stop loss at my PPS price. As far as ROC, I do subtract my "dividends" each month from my dollar amount invested, lowering my PPS.

And there's always the chance that AOD will rebound, keep the faith. So as to my ZERO comment, I apologize, if I sold today I would be green, getting all my money back with a profit! ZERO investment!