本金应该是$25500吧，现在已到$102,014.
http://business.financialpost.com/2...-out-the-balance-in-his-tfsa/?__lsa=8ee9-2f40
Sure it’s gambling but it’s left this 43-year-old retired government scientist with $102,014 in his tax-free savings accounts. That was Dennis’s balance as of close of markets on June 10.
He freely admits he likes to play cards and even hits the casino occasionally in his home province of British Columbia.
“I’m not a technical investor and I’m not a value investor. I like to look at a company and if they have earnings, great. But I want to know what their potential earnings will be. I don’t want a company with a single catalyst, I want something with multiple opportunities to make money,” says Dennis, who is looking for 300% to 400% returns. Yes, you read that correctly.
So where is he looking? The TSX Venture Exchange — not exactly a place for the faint of heart investor.
“I set my targets and I just don’t walk away,” says Dennis. “I buy the pain and that’s the key to this stuff. You wait long enough and you make money. This is as long as the story is true and you can verify the story.”
Dennis says Zecotek can make money three ways, including making a crystals for PET machines used in hospitals. He’s bullish on Zecotek’s 3D television technology that doesn’t require glasses. He also says the company has two outstanding lawsuits that could net Zecotek some money and notes that one of the largest litigation firms in the field in the U.S. has taken on the case on a contingency fee basis.
Other victories include Zarlink Semiconducter Inc. He bought it about 60¢ a share and sold it at about $2.80 with his initial investment about $3,000. His picks are not all from the Venture Exchange. He bought Intertape Polymer Group Inc. for $1.10 and sold it for $10, taking an initial investment from $4,000 to $45,000.
“In the TFSA I really want torque because there is that tax break. I want the big winners to be held there,” said Dennis. “I’m a gambler. People may not want to hear that.”
Dennis’ current holdings include:
http://business.financialpost.com/2...-out-the-balance-in-his-tfsa/?__lsa=8ee9-2f40
Sure it’s gambling but it’s left this 43-year-old retired government scientist with $102,014 in his tax-free savings accounts. That was Dennis’s balance as of close of markets on June 10.
He freely admits he likes to play cards and even hits the casino occasionally in his home province of British Columbia.
“I buy the pain and that’s the key to this stuff. You wait long enough and you make money.
He is not making anything on either of those ventures, but when he comes to his TFSA, that gambling mentality is paying off. “The difference is I can fix the odds in my favour,” says Dennis, who lives off his investments, having retired at the age 40 after 17 years in the civil service.“I’m not a technical investor and I’m not a value investor. I like to look at a company and if they have earnings, great. But I want to know what their potential earnings will be. I don’t want a company with a single catalyst, I want something with multiple opportunities to make money,” says Dennis, who is looking for 300% to 400% returns. Yes, you read that correctly.
So where is he looking? The TSX Venture Exchange — not exactly a place for the faint of heart investor.
I’m a gambler. People may not want to hear that
He has about 60%, or $60,000 of his current holdings in Zecotek Photonics Inc. He’s already made money, having bought the stock at 33¢, whereas it’s now trading past 50¢. He thinks it could go to $2 — or at least that’s his out point.“I set my targets and I just don’t walk away,” says Dennis. “I buy the pain and that’s the key to this stuff. You wait long enough and you make money. This is as long as the story is true and you can verify the story.”
Dennis says Zecotek can make money three ways, including making a crystals for PET machines used in hospitals. He’s bullish on Zecotek’s 3D television technology that doesn’t require glasses. He also says the company has two outstanding lawsuits that could net Zecotek some money and notes that one of the largest litigation firms in the field in the U.S. has taken on the case on a contingency fee basis.
Other victories include Zarlink Semiconducter Inc. He bought it about 60¢ a share and sold it at about $2.80 with his initial investment about $3,000. His picks are not all from the Venture Exchange. He bought Intertape Polymer Group Inc. for $1.10 and sold it for $10, taking an initial investment from $4,000 to $45,000.
“In the TFSA I really want torque because there is that tax break. I want the big winners to be held there,” said Dennis. “I’m a gambler. People may not want to hear that.”
Dennis’ current holdings include:
- 985 shares in ATS Automated Tooling Systems Inc.
- 120,948 shares in Zecotek Photonics Inc.
- 38,950 shares in Redline Communications Group Inc.
