Just use margin or high beta and small scale can become bigtime. Just make sure you get the direction correct or you can get bigtime wiped out.
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Inflation
- Thread starter nobbie48
- Start date
YTD is still in the 50 percent range not including dividends on my portfolio. Not quite as high as it was but more than good enough. Way better than if I had bought real estate.
Sent from the future
How's that when the tsx and nyse are both down since january?
All stocks don't move with the market. Energy has had a very good year. Last year was even better.
Sent from the future
If you buy individual equities instead of indexes you can still pick winners in a sea of red.
You mean get lucky.
Not so much unless you are picking blindly I only buy into companies I know what they do and how they make money. I buy some of the others as a flyer but only small amounts. The researched picks do far better so far
Sent from the future
If you pick your stocks because of solid fundamentals, healthy PE ratio, good earnings history, solid dividend payouts increasing over time, then no. Not lucky.
If you pick your stocks because of Internet memes and slogans like HODL DIAMOND HANDS!!! then yes. Luck is probably what you'll need.
Even the smartest minds on wall street can't beat the index consistently. If you managed to do it this year, you got lucky. Fooling yourself into thinking it's anything more than luck is just gonna hurt you eventually.
I stopped picking stocks once I realized this and now I only buy the index. Not doing well this year, but I'm not worried, it'll bounce back and I invest for the long term.
I stopped picking stocks once I realized this and now I only buy the index. Not doing well this year, but I'm not worried, it'll bounce back and I invest for the long term.
Yup
Modern day 1 bedroom condos are tiny
Easier to meet at snake and lattes instead of trying to stuff 4+ people into the tiny 500 sq ft condo and praying there are enough visitor parking spots
Mad Mike
Well-known member
I used margin effectively in my 30s.
Effectively until I learned about margin calls.
People used to raise families of 5 and 6 in 500 square foot homes not very long ago. Our wants have just overcome our needs.
Sent from the future
Sent from the future
Mad Mike
Well-known member
It's still that way in some areas. Many of my neighbours up north raise families in 600-800 Sq' homes. Compact, easy to maintain and less expensive to heat.
They probably also have 80% less windows. Cheaper to build and a huge amount of heat loss avoided.
My parents neighbour raised six kids in a 3 bed house. Ideal? Not really. Did it satisfy their
needs? Without a doubt.
Yes…but you pee out the snakes and lattes whereas you build equity with the condo…
Obviously everyone’s goals are their own…but I’d prefer the condo over the restaurants.
But everyone wants a 2000sqft home now. Right now dammit! And nothing else will do.
2 bedroom condo and I’d be happy
My first house was 1000 sq feet with 3 bedrooms could have easily raised a family there. New layouts are about luxury not usefulness. No one likes 10x10 bedrooms now but they work fine.
Sent from the future
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