slip sliding away, page-4

hi letts The stock is fine ive made money out of tls every time I have traded it But letts the lifers (buy and hold forever) on this site will have you sanctioned if you have an alternative view Tls is not a long term hold in my opinion it will end badly for those that hold it and rely on divs (basically a bond with the volatility of an equity) True value of tls is $5 but from time to time mugs will bid tls up to lofty heights ($6) this is the trading range But don't get caught holding the baby look at the momentum of the market when buying and please don't listen to the lifers as all that concerned them is div and franking The way ive traded tls in the past is head and shoulders above lifers roi Anyway letts investing in the stock market is made up of different needs growth and yield it really comes down to age (the punters here are old or old at heart) and your risk profile Just remember at different times of you life your risk tolerance changes when your young and no commitments take on risk As you age (have children) then less risk As children grow and leave the nest take on risk again Then as you approach death (majority on this site) you find god and look for yield Good luck wherever you sit on the time line