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Stocks
- Thread starter Boots
- Start date
1. Wait for Donald Trump to say or do something that tanks the S&P500.
2. Buy something.
3. Wait for the nonsense to be backtracked. Might only be a day or two given how the Donald is so sensitive to what the stock market does.
4. Sell something.
LOL
2. Buy something.
3. Wait for the nonsense to be backtracked. Might only be a day or two given how the Donald is so sensitive to what the stock market does.
4. Sell something.
LOL
J_F
Guest
around 6 months ago I moved 50% to a cash position
wished I'd moved it all, have taken a 40% loss on the remainder
wondering now if I should bite the bullet and cash out
preserve the capital for the next run up
I've been doing well with my Tangerine Balanced growth in 2019....also my VGRO is going up fairly well.
I'm still so green on this that I'm just too scared to dump it into things I don't know well enough about. Thinking some good ol bank stocks into the TFSA to just let them run.
I'm still so green on this that I'm just too scared to dump it into things I don't know well enough about. Thinking some good ol bank stocks into the TFSA to just let them run.
Because Orange-Top's "Trade War is ON!", "No, Trade War is off", "Trade War On Again!", "No off", "No On", "Well, Off for now"...
Dollars to donuts he's insider trading based on his tweets.
J_F
Guest
some weed stocks and a few other speculative things
it's not a disaster, I've just been busy as I went mining again
haven't had the time to babysit the account
as for real estate, Trials
that works for some, not for me
at one point I owned 2 properties in Ontario and lived in neither
bad tenants + poor market timing when I'd had enough = a loss
the portion of the account still riding is not for me
it's for my kids, and fuk apple @ every opportunity
it's not a disaster, I've just been busy as I went mining again
haven't had the time to babysit the account
as for real estate, Trials
that works for some, not for me
at one point I owned 2 properties in Ontario and lived in neither
bad tenants + poor market timing when I'd had enough = a loss
the portion of the account still riding is not for me
it's for my kids, and fuk apple @ every opportunity
I bought apple in ~2008 at $80 to 100 a share, after adjusting for a 7:1 split, that puts me at ~$14/share cost. It is sitting at ~$220 right now and dividends have far exceeded my initial investment. I don't really like their products and own very few of them, but I like them as an investment.
@raginduck , my thoughts on beyond meat was , its getting a lot of attention, while I wont eat it , millions will and it looked ok. The next day lieterally the New York financial paper ran an article on how overvalued the meat substitute stocks were and bang, they dropped
the canntrust, well they had really dropped after getting caught with the fake wall in the grow op, then they got caught at the other facility with a fake wall in the other grow op hiding tons of weed. I thought somebody is going to buy this for the facilities and the licences. Then they got caught with illegal seeds, since if your going to grow weed you arent supposed to have, you need to buy seeds on the black market. Strike three, they will likely loose thier licences. stock tanking
the canntrust, well they had really dropped after getting caught with the fake wall in the grow op, then they got caught at the other facility with a fake wall in the other grow op hiding tons of weed. I thought somebody is going to buy this for the facilities and the licences. Then they got caught with illegal seeds, since if your going to grow weed you arent supposed to have, you need to buy seeds on the black market. Strike three, they will likely loose thier licences. stock tanking
Ugh. Speculation is OK but only with a small percentage of your portfolio ... this is why.
I've never bought a marijuana-related stock, although one thing that I had a small position in for years (the old LIQ Liquor Stores income fund, now CLIQ) has evidently opted to diversify into it; I owned it long before that. I kept it (for too long) because of its dividend but overall it was a stinker, and I bailed out some time ago. Hmmm <checks brokerage account> Meh. It got slammed about a year ago and hasn't recovered, and they've eliminated the dividend. Nope, don't want it. One of my long-standing investing rules is that if it doesn't pay a decent and (AFAICT) sustainable dividend, I don't own it.
The speculation that I do involves selling call options against shares that I own. If it goes above the strike price of the call by expiration date, I lose out on further gains - but if it doesn't, I keep what I got for selling those options. At the moment, with the markets having rallied in the last little while, all but one position are in a situation where, if prices stay where they are, it'll all get called away. Some of this has been intentional ... the market has gone up too far too fast, so I've been selling slightly IN the money call options thinking that they may pull back a little ... but they've gone up instead. I did not anticipate the past week's rally.
I wouldn't mind sitting in a bit of cash with markets at record highs, with October soon to come. Have to get through September expiration (this coming Friday) for that to start playing out, though.
I've never bought a marijuana-related stock, although one thing that I had a small position in for years (the old LIQ Liquor Stores income fund, now CLIQ) has evidently opted to diversify into it; I owned it long before that. I kept it (for too long) because of its dividend but overall it was a stinker, and I bailed out some time ago. Hmmm <checks brokerage account> Meh. It got slammed about a year ago and hasn't recovered, and they've eliminated the dividend. Nope, don't want it. One of my long-standing investing rules is that if it doesn't pay a decent and (AFAICT) sustainable dividend, I don't own it.
The speculation that I do involves selling call options against shares that I own. If it goes above the strike price of the call by expiration date, I lose out on further gains - but if it doesn't, I keep what I got for selling those options. At the moment, with the markets having rallied in the last little while, all but one position are in a situation where, if prices stay where they are, it'll all get called away. Some of this has been intentional ... the market has gone up too far too fast, so I've been selling slightly IN the money call options thinking that they may pull back a little ... but they've gone up instead. I did not anticipate the past week's rally.
I wouldn't mind sitting in a bit of cash with markets at record highs, with October soon to come. Have to get through September expiration (this coming Friday) for that to start playing out, though.
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