Club Mulgoa

Monday, January 16, 2012

BPT and PRU

Both got the green light from Tim Treadgold today. Makes me feel smart. I have been topping up, topping up and topping up on them. My last parcel of PRU was on 3/1/12 at $2.52. When a good announcement is out, and idiots are selling, it is always a great time to buy. Famous quotation by me... but few listen! And usually no one else pumps their money in. Less competition for me :-)

My only regret is I am not gutsy enough to buy bigger parcels. Regret? No. Greed can be rewarded with catastrophe. Better to accumulate wealth, slow, steady AND disciplined (I only have that much to play with and I don't like to borrow). And some parcels do head south!

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