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Re: Investing strategy... 

By: Zimbler0 in 6TH POPE | Recommend this post (1)
Tue, 01 Aug 23 11:12 PM | 33 view(s)
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Msg. 44690 of 60008
(This msg. is a reply to 44686 by DueDillinger)

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Hey DD.

I think I have an even simpler investing strategy. I buy nice dividend paying stocks with a history of increasing the dividends . . . And watch the dividend checks roll in and the occasional increases in the size of the checks.

Zim.




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The above is a reply to the following message:
Investing strategy...
By: DueDillinger
in 6TH POPE
Tue, 01 Aug 23 6:33 PM
Msg. 44686 of 60008

I have a very simple investing strategy. I buy SLV puts and sell 'em when silver dumps. I buy bullion with the profits. I expect that gold/silver will soar in coming years, with silver in three digits. But in the short/medium term, I think the metals are gonna crap out bigtime, thus my simple strategy.

Example. Bought SLV Aug 11 $22 puts yesterday at .11 and sold this morning at .24.

Of course, timing is everything and ya gotta be quick.

And yes, this isn't really investing. It's more like playing straight-up numbers at the roulette table. Big risk...huge reward.

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