Also today, DNI Metals Inc. (DNI) had gained 6.38% and closed today session at 50 cents. This is actually really good because I now have more than double my initial investment value in DNI Metals Inc. (DNI). Yeah! Is 2012 going to be the year where DNI is going to switch from a penny stock to a dollar stock? Maybe.
Very good result for my portfolio today overall. I cannot write more, got to go. My art class is tonight.
Posts
22 comments:
On January 5, you had 115,947 and today you have 117,313 for a gain of 1,366 or 1.17%. Meanwhile during that time, the TSX is up from 12,188 on Jan 6 to 12,521 on Jan 23 for a gain of 2.7%.
Seems like you are under performing the TSX index again. If you would have invested in an etf like xic, you would have a gain of 3,130 and no stock picking problems. That's more than double what you gained durint that same period.
Why bother picking stocks if you under perform the market all the time.
Thanks for showing some support!
I was saying a few months back she should just buy XIU.
Thanks for being sarcastic.
I am showing support, I am pointing out to you that you could make more money with less trouble. If you wish to continue what you're doing, that's your choice. If I would give my money to someone else for me to manage and they kept making less than the market, I wouldn't let them manage my money for long.
If I can't pick stocks that can beat the TSX, why would I go through all the trouble. It's easier to buy an ETF, make more money and not worry about company specifics.
The accountant
These people are trying to help you, Sunny. Listen to what they're saying.
-Jan
She's a dividend girl, not an ETF girl. XIC and XIU decreased their payouts.
Come on now. I won't consider the opinion of some arrogant readers who think they know what they are talking about when it come to finance.
Go Crystal :)
And I think my DNI stocks are performing so well right now, it will bring on all the extra value needed to cover for the bad results of some troublemaker stocks. There's people like that who are just very very lucky and extremely good at what they do you know.
Hi Sunny,
I admire you for bearing all to us. It's not everyday you come across a blog that is down to earth and understandable from an investment stand point. I want to put a thought in your head: Do you have the hope that your dividends will help you out when you retire in 30+ years time? I know you're a big fan of dividends, but just consider for one second how capital gains might benefit your portfolio. It doesn't have to be about dividends all the time. True-dividends did contribute about 1/3 of the returns of an investor's returns in the past 25 years-where did the other 2/3 returns come from-capital appreciation.
Hope you find this helpful.
Mark
But DNI has no dividend and the gain is not cash till it is sold. Sell now before it is halted and reopens at .10
I think we already figured out who doesn't know what their talking about. Don't take it from me.
http://www.theglobeandmail.com/globe-investor/investment-ideas/lets-talk-investing/video-investing-advice-from-the-wealthy-barber/article2212790/
HI Anonymous do you put all your money in xic? i think what Sunny likes is , well it is her career in picking and buying stocks , getting dividends and keeping score, is it profitable, probably not too much but if one can afford it, it is fun, i have some very little stocks that i have had fun with and have been lucky with them , not so with a few boners i have and i could not live on my stock money. so if the tsx was down last year,,,you lost money? curious and wanting to learn.
here is one for the accountant and for Anonymous...i am asking you guys..would you wait it out with Rim,,,i bought 90 shares at $51...i was hoping for a buyout. this is the one big mistake i made and i always said i wouldn't buy any stock without a dividend and i did.
Who care if DNI doesn't pay dividend! I made 3 times my money on this pick. I had been holding DNI in my portfolio since sometime like 2008 or 2009. This is about getting rich on one single stock pick. DNI is that pick. The value of DNI is stable and continuously on the high. Big bucks to be made on my super DNI.
And no, DNI won't be trading at 10 cents tomorrow. This company is under development and have projects on the way.
Just be ready for the big bucks.
Ruth, I don't understand why you are willing to get advices from the most arrogant and stupid people ever. How come? What are you looking for?
Sunny, i like opinions from your readers, you have to admit that they do contribute to your blog and i admire that, and as i do you, for your honesty in telling it like it is. Sunny, meant to ask you , how did you get $190 from Corby dividends...u must own a lot. i ask you, would you cash the rim in or wait to see what happens to the company.
ps...these comments is what makes me come back to read your blogs.
Ruth, that's a tough one on RIM.
I wouldn't buy Rim, but since you already lost over 3,000 on it and only have about $1,500 remaining, there's not much possibility in making that money back even if you sell and buy something else. Your new buy would have to triple in price to break even. Chop that one to a learning experience. Since you only have $1,500 remaining in RIM you can keep it and hope it comes out with a product that everyone wants, if it doesn't it will remind you not to chase beaten down tech stocks.
RIM is pretty cheap right now as most is counting this company out. They have no debt and still sell lots of phone, but not leaders like they once where. Any decent news could give a boost to the share price. I just don't like their odds against the likes of Apples, Google and Samsung.
At the end, only you can make that decision. You must have seen something when you bought it, do you still see that or have things change since.
PS: I don't put all my money in XIC, because I believe in investing outside of Canada. XIC was mentioned to Sunny because she's 100% invested in Canada.
The accountant
If you held XIU last year it does not mean you are down 11%. You could of bought a boat load at under 16 and be up. It all depends on your entry point and dollar cost averaging. Stocks in the index that are turning sour don't affect the net asset value so much .
The glory days of RIM are gone. Playbooks were discounted and never sold out. Consumers want iphones and androids.
Don't listen to me,I'm just stupid.
thank you for your comments, i will keep Rim...hey why doesn't apple buy it ..apple is worth 98 billion and rim 10 billion...be a good acquistion for apple...wont happen. i should have known never to buy a company on the way down. what happened to BCE today..who unloaded all their stocks...
Corby had a special dividend. Apple has a market cap of about 450 billion and 100 billion cash. Why would they want RIM? They are in the same shoe as NOK.
why not knock out one competitor...it won't happen anyway with the two chies Rim has...they would want too much for any takeover. ah big mistake on this one.
Post a Comment