The Stock Market

[MotoLifter]

There's a higher risk income fund out of Red Deer called RIFCO... I deal with them on a daily basis with my business. I am kind of on the fence with them. I have some shares but not a lot because they may go either way. I am leaning more to success with them, they just need to become more aggressive. Being an Albertan and close to the action, maybe ask you advisor to check them out for you.

Income funds by thier nature are less aggressive and try to stay on that side of the fence. Income funds typically will also provide less in returns (quantified to percentages) than a well run growth fund in a bull market. In addition income funds will usually result in a negative tax implication for people who are still in the work force. Although individual circumstance will vary, risk tolerances, available equity for investment, long term goals, and expenses (among other variables) should all be considered.


Moto

[Bertuzzi]

Just bought VISN. You have any info on syncora?

No I haven't found enough info on them yet thats why I have not invested yet. They were brought to my attention and based on what they represent and the with the American economy needing to rebound they will most likely become a profitable company. I am a beginner in the stock market and by no means am advanced enough to give educated opinions, just floating around some ideas.... Don't take any of my suggestions too serious please do your own research

Income funds by thier nature are less aggressive and try to stay on that side of the fence. Income funds typically will also provide less in returns (quantified to percentages) than a well run growth fund in a bull market. In addition income funds will usually result in a negative tax implication for people who are still in the work force. Although individual circumstance will vary, risk tolerances, available equity for investment, long term goals, and expenses (among other variables) should all be considered.


Moto

Sounds like you know what you're talking about.... well educated in this area I see. I appreciate the advice. The only thing I do know is they are trying to build themselves up to be bought by a major bank in the next 5 years. I have personally sat down with CFO of Rifco and he explained how the company started out and what they have done over the years and what they have planned for the future. He is very down to earth. With the Canadian economy suffering a hit itself over the last 2 years I believe companies like RIFCO will have a big hand in helping people rebuild their credit and get back on their feet. A lot of people have ruined their credit and companies like this will hopefully make a good profit on the near future. For example they are trying to duplicate companies like VFC and Travellers (all these are Canadian based companies) VFC was bought out by TD bank and Travellers bought out by Scotia Bank which in turn proved relatively profitable for early investors. A good example of an income fund based out of Edmonton, AB Canada which is now doing big things is Carfinco (CFN.UN) they are looking to be bought out within the next 2 years and have done some major growth over the last year. Their numbers for 2009 compared to 2008 are extremely impressive.

[MotoLifter]

Sounds like you know what you're talking about.... well educated in this area I see. I appreciate the advice. The only thing I do know is they are trying to build themselves up to be bought by a major bank in the next 5 years. I have personally sat down with CFO of Rifco and he explained how the company started out and what they have done over the years and what they have planned for the future. He is very down to earth. With the Canadian economy suffering a hit itself over the last 2 years I believe companies like RIFCO will have a big hand in helping people rebuild their credit and get back on their feet. A lot of people have ruined their credit and companies like this will hopefully make a good profit on the near future. For example they are trying to duplicate companies like VFC and Travellers (all these are Canadian based companies) VFC was bought out by TD bank and Travellers bought out by Scotia Bank which in turn proved relatively profitable for early investors. A good example of an income fund based out of Edmonton, AB Canada which is now doing big things is Carfinco (CFN.UN) they are looking to be bought out within the next 2 years and have done some major growth over the last year. Their numbers for 2009 compared to 2008 are extremely impressive.

I have been in the business for some time, am a Sr. equity analyst, with a series 6, 7, 63, yadda, yadda, yadda.

anyway, research is a very important part. there are several books out there that can help non professionals (and some professionals) get a good handle on the fundamantals that make for a good investment. I'd be happy to recommend some if anyone is interested or give an opinion/answer questions. just PM me.


Moto

[Bertuzzi]

I have been in the business for some time, am a Sr. equity analyst, with a series 6, 7, 63, yadda, yadda, yadda.

anyway, research is a very important part. there are several books out there that can help non professionals (and some professionals) get a good handle on the fundamantals that make for a good investment. I'd be happy to recommend some if anyone is interested or give an opinion/answer questions. just PM me.


Moto

Much appreciated.... PM sent