The Stock Market

[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