sandminer finch good points, every investor/speculator has to find their own niche they are comfortable with be it FA, TA or a combination of both, plus a trading plan until you find that your just a follower of newsletter brokers etc.
Lots of education & your own view are the tools to succeed, never follow anyone else s plan
sandminer"you mention "intrinsic value". Roger Montgomery loves to use this phrase on "Your Money Your Call". I've never really understood what that means. To me the value of anything is simply what someone else is prepared to pay fer it.
Check out his blog book or software, its Fundamental based investing & there are traps if you do not understand the core principles, not as simple as TA
Sandminer "If a company is not paying a dividend then it is not investment grade. Hence it is a speculative stock. (A dividend is not just a matter of money going into ones bank account but is also the best indication there is that the directors see the company has having a profitable future.)"
Yes & no sandminer, as a rule i like companies paying reliable divs like yourself, however companies should not be discounted just on the fact they do not pay divs, at the end of the day a capital gain is what you are after , & FA sound businesses that put money back into the business can give spectacular returns
