Well, finally I'm at the point where I'm not underwater with Goldcorp. Across all portfolio's I'm probably breaking even. It just goes to show, don't jump in until you see an upturn, or you may be holding it for a long time.

Actually, from last June till now I've done just about everything contrary to my investing thesis. I bought Goldcorp while it was still going down, hung onto it as the drop passed 5, 10, 15, even 20%, and sold other winners.

I didn't sell Goldcorp because I was, and still am, sure it would turn around an go higher. I'm aiming for a high of $50.

I sold other winning stock because I wanted to gather enough money to pay my mortgage off, and I did.

In dribs and drabs I've gathered little bit of money and bought HSBC, TD, and a tiny tiny amount of Royal Bank. All the banks are doing well and pay a fairly good dividend. So, I am pretty happy. Now just for Goldcorp to go higher.