May 8, 2014
**********Go to “Core Portfolio” for current holdings.**********
LNCO has been a disaster for me, and on March 27 it hit rock bottom. I am still under water. But LNCO is on the way back up (as I expected) and you can buy a small position to start. This is for your IRA. I suggest you buy or add to current positions. As of today it is paying 10%. Can’t argue with that. This is a classic case illustrating where you should hold on to high quality holdings even when they get hit.
GOV is another holding in our Core Portfolio. It has tumbled after the most recent ex-dividend date. I would buy or add anywhere around $25.00
InvestorPlace.com is a reputable outfit that offers advice from some very good advisors. I have subscribed to some of their newsletters going back literally decades. (I’m dating myself)
They offer a ‘Trade of the Day’ site that talks about specific trades.
Most of the stuff is not something we would invest in. BUT the primary reason that I am suggesting this site is for the educational value, NOT the trading recommendations.
The writers do a good job in discussing the reasons for making the trades which includes describing the chart patterns and technical aspects. If you have an interest in educating yourself and learning how to evaluate stocks on your own, you need to learn the processes. Don’t go thru life depending on some financial advisor…….learn how the financial markets work so that you don’t get led down the wrong path. Most of the brokers and so-called advisors out there are working for themself, not you. Be cautious.