I’m all over XEQT. Pennies in commission to buy at QT, and 5$ in commission on the sale.
VFV.TO has been a solid performer for me recently. Sold off a few to clear a debt that’s annoying me.
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VFV.TO has been a solid performer for me recently. Sold off a few to clear a debt that’s annoying me.
Both have done well for me however for S&P 500/ Nasdaq in TFSA and my cash account (non registered), I like HSX /HQS as both do not pay dividends and thus avoids US withholding taxes those stay in the investment for better growth and tax efficency
Also hold VUN (total US market)
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Wealthsimple has been great for me the past few years. They have a cash account now for daily purchases, and it pays percentage in interest monthly. Unless you truly need to go into a bank for a human, I believe Wealthsimple combined with Simplii (or another free chequing account) is the best. I was leaving money on the table by having to keep the minimum at Scotia to avoid paying the monthly fees.
Dfn was down over 25% this morning which pushed it into no dividend territory but recovered to -5%. I was down $30k at one point this morning. Meh. It's not lost unless you sell.
But did you buy at the dip?
Hell no. Dfn with no dividend sucks hard. I've been in that purgatory before. Then I tried to set stop losses to avoid it again and locked in losses on quick bounces. Now I just let it ride.But did you buy at the dip?
Dumped DFN split a long time ago thankfully.
On my side
CIBC opened -12% then settled on -4.6 % very quickly.
EIF was also down but got back up -4% after a big initial drop
CIBC is now over priced as it had a + 45% YoY performance
No contribution room or cash in my RRSP/ RRIF so could not top up
Not a good day for everyone
On my side
CIBC opened -12% then settled on -4.6 % very quickly.
EIF was also down but got back up -4% after a big initial drop
CIBC is now over priced as it had a + 45% YoY performance
No contribution room or cash in my RRSP/ RRIF so could not top up
Not a good day for everyone
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I somehow managed to buy VEQT today at the dip.But did you buy at the dip?
Initiated a transfer last week and it came in on the weekend.
Figured I’ll just buy and with sheer luck it had been during the lowest point today.
Not much, but I’ll take it.
@PrivatePilot looks like you made the right call pulling all your investments and cashing them out while this insanity happens.
I feel for those that need their money in the short term...their portfolios are taking a beating thanks to this tariff war.
I feel for those that need their money in the short term...their portfolios are taking a beating thanks to this tariff war.
AllistonGT
Well-known member
Question is will this last for a few days, a week, a year, till mid terms?
That's a great question. Trump and/or his inner circle may know the answer. All others are just monkeys throwing darts. There is no rational behaviour from him so you can't predict the next move (nor it's timing).
Unfortunately nobody knows…unless it’s a big scam…tank the markets so those that can afford to do so can pick up the pieces.
Personally…I think there’s not much foresight given here and the administration just thought everyone around the world would just bend over and take it.
Oops.
Dirty Frank
Well-known member
Boeing, if you are brave AF.
I don't trust them at all. They are still on the wrong path imo.
Anyone remember the Hunt brothers?
They bought up all the silver they could find. As it became scarce it rose in value. They used that gain to leverage more purchases.
Silver got so crazy that people were buying silver tea sets at retail and taking them to the scrap dealers. IIRC the Hunts ended up in jail as the process lost momentum and unfolded. Will the stock market do the same?
I don't see Trump as smart enough to earn a seat at the serious money table. Musk is a different animal. He has more money, more brains and years ahead of him. Trump is having his last hurrah, a future has-been.
What does Trump do as a third act? Ambassador to Russia? Does Putin need a valet?
In perspective, the DJIA is down ~10% over the last few days but up ~80% over five years.
The people that are really going to get hurt are those with potential multiple whammies.
1) Mortgage coming due
2) Bought at peak
3) Leveraged Investments tanked
4) Expensive financed toys
5) Income / job insecurity
6) Personal debt
7) Too old to rebuild equity
8) Failing heath in family. i.e. parents going into care and need their equity to finance that expense.
Read "Limits to Growth". Is this the great reset?
The people that are really going to get hurt are those with potential multiple whammies.
1) Mortgage coming due
2) Bought at peak
3) Leveraged Investments tanked
4) Expensive financed toys
5) Income / job insecurity
6) Personal debt
7) Too old to rebuild equity
8) Failing heath in family. i.e. parents going into care and need their equity to finance that expense.
Read "Limits to Growth". Is this the great reset?
If you use the words ‘the great reset’ you’ll get all the conspiracy theorists out thinking the billionaires are about to enslave us.
What’s that saying…‘you’ll own nothing and be happy about it’…something something.
Anyway back to stocks. When do I start buying!?
When I start selling. I'm always wrong.
