It’s been a quiet weekend. After work, I directly go to Montreal Chapter store to find a copy of Derek Foster latest book The Idiot Millionaire, but it wasn’t there yet. I spend a bit of time there, and than go back home. I start reading more about my latest investment, the Sprott Physical Silver Trust. It’s actually really interesting! Just like gold, silver is gaining in value and it’s seemed like precious metals are going to gain even more value in the upcoming months. Investing in product like the Sprott Physical Silver Trust and the Claymore Gold Bullion ETF (CGL) can definitively bring extra security to a stock portfolio.
I had experiment some money lost in investment like Sprott Inc. (SII), Timminco (TIM), Blue Note Mining (BNT), Hanwei Energy Services (HE) and Dumont Nickel Inc. (DNI). With Sprott Inc. (SII), I am confident that I will soon recover from my loses, but when It come to other investments like Timminco (TIM), Blue Note Mining (BNT), Hanwei Energy Services (HE) and Dumont Nickel Inc. (DNI), I am not that sure. For those 4 investments, the timing was just bad. But I do not consider those investments as being “bad investment”. There’s always a reason behind my choices. I will continue to hold Timminco (TIM), Blue Note Mining (BNT) and Hanwei Energy Services (HE) for the upcoming months. I don’t think that the money los can really be greater than what it is now lol… But I consider selling Dumont Nickel Inc. (DNI). Why? Because I have enough Dumont Nickel Inc. (DNI).
I had invested in Dumont Nickel Inc. (DNI) stocks back in the summer of 2009. Back in the time, on one specific day, the Dumont Nickel company stock value had suddenly jumps. That’s what catches at first my interest. Also, at the time, I was short in cash and I taught that investing in a penny stock could be a good thing… Not that my investment in Dumont Nickel was a bad one, but I wanted to make quick money for the summer. It was experimentation for me. It’s been more than a year now and I still didn’t make money out of Dumont Nickel Inc. (DNI)…
Currently, I hold Dumont Nickel Inc. (DNI) in my Tax-free savings account (TFSA). The value of the investment is of 330.63$. I currently hold 70.67$ (cash) in my Tax-free savings account. I was thinking about selling Dumont Nickel Inc. (DNI) and invest, instead, in 35 units of the Sprott Physical Silver Trust. I am pretty sure I could easily recover from my capital lost by doing so. It’s something I am thinking about doing, without really knowing for sure if it’s what I am going to do next.
But what I know for sure, after reading about the Sprott Physical Silver Trust, I am looking to invest more in it next month. And I may invest more in gold. With the result of the elections in the US, nothing is safe anymore. The Democrates of Barack Obama had lost some representative and a bunch of Republicans are now name in the Congress. Way too much Republicans. So be ready for the worst: invest in gold and silver. Go for the Sprott Physical Silver Trust and the Claymore Gold Bullion ETF (CGL) to protect your assets from the bad Republicans.
I had experiment some money lost in investment like Sprott Inc. (SII), Timminco (TIM), Blue Note Mining (BNT), Hanwei Energy Services (HE) and Dumont Nickel Inc. (DNI). With Sprott Inc. (SII), I am confident that I will soon recover from my loses, but when It come to other investments like Timminco (TIM), Blue Note Mining (BNT), Hanwei Energy Services (HE) and Dumont Nickel Inc. (DNI), I am not that sure. For those 4 investments, the timing was just bad. But I do not consider those investments as being “bad investment”. There’s always a reason behind my choices. I will continue to hold Timminco (TIM), Blue Note Mining (BNT) and Hanwei Energy Services (HE) for the upcoming months. I don’t think that the money los can really be greater than what it is now lol… But I consider selling Dumont Nickel Inc. (DNI). Why? Because I have enough Dumont Nickel Inc. (DNI).
I had invested in Dumont Nickel Inc. (DNI) stocks back in the summer of 2009. Back in the time, on one specific day, the Dumont Nickel company stock value had suddenly jumps. That’s what catches at first my interest. Also, at the time, I was short in cash and I taught that investing in a penny stock could be a good thing… Not that my investment in Dumont Nickel was a bad one, but I wanted to make quick money for the summer. It was experimentation for me. It’s been more than a year now and I still didn’t make money out of Dumont Nickel Inc. (DNI)…
Currently, I hold Dumont Nickel Inc. (DNI) in my Tax-free savings account (TFSA). The value of the investment is of 330.63$. I currently hold 70.67$ (cash) in my Tax-free savings account. I was thinking about selling Dumont Nickel Inc. (DNI) and invest, instead, in 35 units of the Sprott Physical Silver Trust. I am pretty sure I could easily recover from my capital lost by doing so. It’s something I am thinking about doing, without really knowing for sure if it’s what I am going to do next.
But what I know for sure, after reading about the Sprott Physical Silver Trust, I am looking to invest more in it next month. And I may invest more in gold. With the result of the elections in the US, nothing is safe anymore. The Democrates of Barack Obama had lost some representative and a bunch of Republicans are now name in the Congress. Way too much Republicans. So be ready for the worst: invest in gold and silver. Go for the Sprott Physical Silver Trust and the Claymore Gold Bullion ETF (CGL) to protect your assets from the bad Republicans.
No comments:
Post a Comment