Originally Posted by Chuck33079

If you lose money it's because you volunteered to. You have the opportunity to take your original investment out and leave the gains you've already made in to see if they go further. If you do this right, you have none of your own money at risk. Being greedy has a good chance of getting you killed (financially). Have you never heard the old saying "pigs get fat, hogs get slaughtered"?

I'm done trying to convince you of this. If you lose any money in this deal, it is because you are being greedy and making it an all-or-nothing bet when it doesn't have to be. If a client of mine was set on doing something like this after being advised repeatedly not to sabotage themselves, I'd most likely part ways with the client. To that end, I'll stop trying to talk some sense into you. Hopefully your bet pans out, but you're playing with fire. If I were your broker, I would want you to sell out your initial investment and buy a pile of stocks that pay dividends. If your bet pans out with the remainder left in, then you sell and buy more growth. Don't take this the wrong way, but you're too old to be speculating. You don't have the years left to replace the lost funds.