Starting on April 30 I discussed the Milking The Cows Strategy as it pertained to Canadian National Railway Stock (CNR). You can review that article here. This is the latest update to the strategy along with what I am doing next as the stock continues to work its way to the support level I have been discussing since March.
Milking The Cows Strategy
The Milking The Cows Strategy is for those investors who know they want to own a stock as long as it is at the “right price” but do not want to actively manage their position. This strategy does not require day to day management but is designed to earn as much income as possible before eventually taking ownership. Sometimes this strategy ends up with an investor owning stock for almost zero cost as most of the cost of the shares is paid for by the income earned. That is the goal of my trade ….. the rest of this article is for FullyInformed Canada members.
CNR Stock (CNR) – Milking The Cows Strategy Update
FullyInformed Canada Members can review the latest CNR Stock trade update and strategy discussion directly through this link or they can sign in to the full Canada members site here. Non-members can join here or read about the benefits of being a member.
Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.