Investing 102

[James OLC]

Originally Posted by GregWeld

James -

Nice dividend stream - but DUDE <spicoli style> you need some diversification!

However.... I also understand your trade and what YOU understand... and perhaps you even have an "insiders view" of the industry.

Yeah... I hear you buddy... I'm just not good at (a) change and (b) stuff I'm not hands on with every day.

I do have some gold and minerals (mining) in the portfolio but they are not dividend paying stocks and I bought them for tax purposed more than anything. I had some conventional golds in the mix but some of them funded the OLC build back in the day and the entry point seems a bit too tenuous at this point...

I also have a green tech stock (gasification tech) that is my "stock I love to hate" but never seem to do the right thing with. I first bought in about 5 years ago at $2 about 6 weeks later than I should. I grinned when it went to $3 but held on because I was drinking the kool-aid. When it dropped to $1 a tried to ignore it and when it hit bottom around $0.5 I (somewhat reluctantly) averaged myself to something that made sense. I then grinned last month when it to $0.8 but again... I held on... no... I don't know why why... Today it's back at .5 (dammit .475)... It's been a "good learning experience" but that's about it.