It’s all gravy in a bull market. But until you pull out it ain’t cash.

Once the bull market is over. You’ll also realize you can’t claim capital losses in the TFSA lol.

They are not taxable by the Canadian govt. But, they are taxable by the issuing company's home country where the dividends originate from.

Seeing reds all day on my stocks today lol

Debating if I should allocate and do a small diversification of PUF/N/APH etc from todays dip...

yah dads aurora stock tanked today!

That was to be expected sooner or later. Profit taking after the big run over the last few days and that Cannimed deal falling through didn't help. Today loss will be recouped in no time.

Have a question for some of you who trade futures.

I've been holding on to some BAC but would like to take some off the table at $29-$30 range. However, I don't want to take the capital gains for 2017 and would prefer to defer my gains to 2018.

If that's the case, should I be buying calls with for example:
Expiry date: Dec 29
Strike: $29.50

Anyone want to educate a futures noob? :)

dads aurora stock still down but his aphria stock is thru the roof lol

You want to get rid of the shares after the new year, so you would buy puts, giving you the right to sell at an expiry date after the new year. Calls give you the right to buy.

You could also sell a put (look up "protective put") if youd still like to get rid of it at a minimum of $29, collect a small fee, and still have room for upside.

Do you guys invest a lot? I just started and put in a few thousand only for fun. Figured if i lose it all, it's just be an annual vacation trip spent lol

Did that before, won't do it again. Mind you transaction costs have gone way down compared to when I started (~$30/transaction), but at the same time, with only a few thousand dollars, just making the transaction cost back requires your investment to go up by maybe half a percent. And you'll have absolutely no diversification since you're likely holding less than 5 stocks.

As a beginner, this gets boring. So you end up gambling on risky investments and will likely end up losing most if not all of it (happened to me, but lesson learnt - I make slow money now).

Unless you have at least 50-100k to start, I say stick with mutual funds if your goal is to invest. IMO you're starting with the wrong mentality already. You're in gambling mode and will likely have better odds at making money in a casino.

Nothing wrong playing stocks if you got the money to play IMO.
Getting into some of these small biotech company are always guarantee a wild ride EleGiggle
It is the same for people who are investing in cryptocurrency really.
As long you don't dump your life savings on some company you don't even know, go out there get wild and you will learn a few things on the way.
If you got time to spare and want your money to grow, check out some of the Canadian company that pays dividend with steady stock price. ex. telecom company

Gambler in the blood lol. In all seriousness, I already have safer investments like ETF/MF etc. Playing on a more riskier level to see what happens. Worst comes to worst, lose the few thousand. Might as well do it when still young.

My goal is to double what I invested. Intent isn't to get "rich". Yeah, some people go in with wrong mentality and lose and then keep putting more in thinking they can earn it back, that usually leads to a dead end, so I try to stay away from that area.

So true. I slowly started building my position as i'm working and still in school. Finally got to diversify to 10 stocks LOL :ilied:

:fuuuuu:Just started watching sage a week ago. Missed it. :fuuuuu:

Fly to Vegas and have a blast. You'll have more fun, guaranteed.

Like saje oil?

Yeah, I"ll be happy if I can walk away with a nice vacation trip expenses covered from my stocks. Only have a few thousand invested, won't break the bank if all goes south.

Pretty much....solid advice. I was doing the same.

Now I'm rebuilding everything, but with Index/couch potato. Boring, but safer, I can sleep better.

lol everyone has to pay their "tuition", no exceptions.

Damn, some increases this week. APH, N, ATT.

Good thing I held onto N, was tempted to sell for a small return (better than nothing mentality). But I was like, screw it, YOLO and held on. Bought in at 0.98.

I know I ask this question before.

I'm being killed by the "cheap"broker questrade on fees.

I've look inter Interactive Broker but there is soooooo many hidden fees here and there... their platform looks even worse than questrade's windows 95 platform...

Can anybody else recommend a good broker with reasonable fee for options specifically or is Interactive Broker still the best despite all the fees here and there? A broker with a great platform would be a bonus

TD's Think or Swim has a pretty good UI and research tool but I think cost is not the best.

IB's market and non-market order fees average out to be what they advertise so not sure what you're talking about hidden fees. They have dirt cheap lvl-2 data package as you only pick the data you need.

Questrade is a joke and their data package will wreck you if you are a smallie. The only time I think Questrade makes sense is if you have small account buy and hold ETF like a few times a year as their inactivity is assessed quarterly instead of monthly like IB and it's free to buy ETF.

If you trade a lot: just use IB to place trades and use a 3rd party research tool like TradingView.

Anyone have any ETF’s to recommend? Been looking into a few of the Rockwell S&P ones but hard to get a real feel for any of them.

Looking for long term holds

XUS (or VUN)
XIC
XRE
VXUS

Been holding these for the last 4 years and made lots of moola. Slow growing but low volatility. With all the political stuff going on around the world though... the growth may soon stop/end.

I’d suggest a slow entry to this market with a 5-10% of your portfolio every couple months.

Are Canadian Users able to subscribe to trade on Think or Swim now ? I used to use subscribe to them back from '07-2011 but I was only able to use the Paper Trading platform (I subscribed to the Investools Platform back then).

What I liked about Think or Swim is they have a "Big Chart" Section where you can see which industry group Mutual Fund Money or Big Money is going in and out of. Thus, you can follow where the Big Money is if it aligns with your strategy.