same here 6 figures in the crapper should have bough a new truck. Added more last week I am a IdiotI have about 5% in LSPD. It's down a lot.
same here 6 figures in the crapper should have bough a new truck. Added more last week I am a IdiotI have about 5% in LSPD. It's down a lot.
Gonna ride it to the bottom now wont be adding again.So sad about lspd. It better become the next shopify
Gonna ride it to the bottom now wont be adding again.
I wouldnt buy physical metals. Id buy a security that buys metals. Physical metals have a high transaction cost and effort and storage complications. If you buy physical metal you can probably write off a safe or safe deposit box (iirc there are some rules around this but dont remember the rules exactly).Stupid question….how does one buy precious metals?
Obviously gold is through the roof now, but there are others.
Coins?
Bars? Where to keep?
Stocks? Mines? Producers?
Diversify through a precious metal m/f at your bank.Stupid question….how does one buy precious metals?
Obviously gold is through the roof now, but there are others.
Coins?
Bars? Where to keep?
Stocks? Mines? Producers?
I haven't looked at this site in yrs, but you could buy physical gold & other metal there.Stupid question….how does one buy precious metals?
Obviously gold is through the roof now, but there are others.
Coins?
Bars? Where to keep?
Stocks? Mines? Producers?
Why no more ETFs?Diversify through a precious metal m/f at your bank.
There's precious metal etf's. I'll never buy another etf, but they are out there.
Then stock. Barrick for example.
If you're in a gambling mood, check NUGT for 2X gold percentage upswings.
He got burned on hou so did I it should have been perfect timing but they basically said sorry we won't pay and devalued the fund.Why no more ETFs?
Buy an ETF - I've got CGL.TOStupid question….how does one buy precious metals?
Obviously gold is through the roof now, but there are others.
Coins?
Bars? Where to keep?
Stocks? Mines? Producers?
That's insane. I didn't even know that was a possibility.He got burned on hou so did I it should have been perfect timing but they basically said sorry we won't pay and devalued the fund.
Sent using a thumb maybe 2
Neither did I cost me 6 figures, leaves a bad taste for ETF fundsThat's insane. I didn't even know that was a possibility.
Wow....that's making me question my VGRO.TO fund. Been one of my best / consistent performers. Not perfect I'm sure.Neither did I cost me 6 figures, leaves a bad taste for ETF funds
Sent using a thumb maybe 2
HOU and VGRO aren't comparable even though they are both ETF's. HOU is a leveraged fund that is meant to be traded in and out of daily and carries significant risk that's geared towards traders not investors. It isn't a buy and hold. I don't understand it well enough to explain but if you're curious look up leveraged ETF decay.Wow....that's making me question my VGRO.TO fund. Been one of my best / consistent performers. Not perfect I'm sure.
Just put in an order for $1500 of VGRO and $800 of ENB for both the kids RESPs.
I like ENB simply for the steady growth / dividend. Once the money comes in from the gov't I'll add some bank stocks to them.
Thanks for that explanation, appreciate it. Still learning but more each time that I look into it.HOU and VGRO aren't comparable even though they are both ETF's. HOU is a leveraged fund that is meant to be traded in and out of daily and carries significant risk that's geared towards traders not investors. It isn't a buy and hold. I don't understand it well enough to explain but if you're curious look up leveraged ETF decay.
Regular index funds like VGRO don't have anywhere near the risk.
Leveraged funds at 2:1....HOU and VGRO aren't comparable even though they are both ETF's. HOU is a leveraged fund that is meant to be traded in and out of daily and carries significant risk that's geared towards traders not investors. It isn't a buy and hold. I don't understand it well enough to explain but if you're curious look up leveraged ETF decay.
Regular index funds like VGRO don't have anywhere near the risk.
Exactly what Steve said.Why no more ETFs?