Given the rise of crypto currency, obviously 2017 would be the best investment for anyone (excluding the last week) so I would like to keep this to just stocks.
I'm a buy and hold investor, so I buy dividend yielding stocks or undervalued stocks.
For me:
MFIN - Medallion Financial Corp (+80% return) - I bought this company early 2017 (Feb) at $2.22. They are now turning the corner and they have been up at $4 recently. My long term perspective is that we will see $10 in a few years. They are still way undervalued in my opinion, even at $4. It's my hope that this company starts paying a dividend again. This investment was a bit of a gamble for me as it could have gone either way, so I only put in money I could afford to lose.
ORC - Orchard Island Capital (+18% return) - This has been a very long buy and hold for me (going on 4 years now) strictly because of the dividend yield and compounding my return with DRIP. This stock is my bread and butter and while some people may consider it risky, I dont think it is.
Submitted December 25, 2017 at 04:42PM by LettersFromTheSky http://ift.tt/2l6HpD0
