View Single Post
Old 03-30-2011 | 06:03 PM
  #62992  
hockeypilot44
Gets Weekends Off
 
Joined: Jul 2008
Posts: 5,583
Likes: 326
Default

Originally Posted by DAL 88 Driver
Sigh...

That's not the objective of this method. Yes, it is designed so that you never sell stock for a loss. But it is NOT designed to make much on the sale of the stock when you do sell it. You do generally make some capital appreciation. But the vast majority of the return comes from the cash flow that is generated while you own the stock. Have I mentioned that is the objective?

Yes, the method screens for stocks that are good candidates for generating cash flow and are not likely to go bankrupt. There is no attempt being made to predict whether a stock is going to go up or down over any particular time frame.

Maybe we need to get our own thread to discuss this over in the "Money" section?
What is cash flow while you own the stock? Dividends? So buy good stocks with dividends? Got it.

In all seriousness, I know nothing about investing. I just ragging on this method a little bit. $2500 seems like a lot for a two day workshop. It really does seem like one of those TV ads.

On a different note, I had a friend give me a bottle of Mona Vie. That stuff tastes horrible. I would rather drink 2 oz of scotch twice a day. According to wikipedia, the health benefits might be about the same.