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Revscene Wall Street.
Consolidating debt? Good business tips? Buying stock? How's our economy doing? Discuss and share advice and tools on everyday banking, investing, wealth management and insurance. |
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02-03-2018, 09:29 PM
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#9551 | | I have named my kids VIC and VLS
Join Date: Oct 2001
Posts: 37,661
Thanked 15,027 Times in 6,000 Posts
Failed 2,067 Times in 692 Posts
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Whats Canadian couch potato?
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Dank memes cant melt steel beams
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02-04-2018, 06:42 PM
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#9552 | | What hasn't Killed me, has made me more tolerant of RS!
Join Date: Apr 2007 Location: coquitlam
Posts: 182
Thanked 67 Times in 12 Posts
Failed 4 Times in 2 Posts
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Originally Posted by Hondaracer  Whats Canadian couch potato? | a passive investment strategy, Canadian Couch Potato | 
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02-05-2018, 01:50 PM
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#9553 | | I answer every Emotion with an emoticon
Join Date: Nov 2002 Location: 604
Posts: 7,954
Thanked 4,406 Times in 2,119 Posts
Failed 296 Times in 140 Posts
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Oh boy ... don't check your portfolio today 
Or, good time to buy!
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02-05-2018, 02:18 PM
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#9554 | | I contribute to threads in the offtopic forum
Join Date: Apr 2001 Location: VAN/RMD/BBY
Posts: 2,596
Thanked 1,022 Times in 450 Posts
Failed 54 Times in 30 Posts
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02-05-2018, 02:25 PM
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#9555 | | Old School RS
Join Date: May 2004 Location: Port Moody
Posts: 4,596
Thanked 4,042 Times in 1,232 Posts
Failed 129 Times in 79 Posts
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I wouldn't bet the farm on one day, but I am certainly using the opportunity to add to my unhedged US S&P holdings. Dollar cost averaging in periods like this definitely adds nicely if you have a long time horizon as my fiance and I do in our RRSPs.
-Mark
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I'm old now - boring street cars and sweet race cars. | |
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02-05-2018, 05:04 PM
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#9556 | | "They call me Bowser...RawR!"
Join Date: Jul 2001 Location: Vancouver
Posts: 8,236
Thanked 934 Times in 374 Posts
Failed 59 Times in 30 Posts
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Ouch... lol... oh well, I'm doing the DRIP method for the past few years. No time to keep track of everything anymore. Just log in every 6 months to re-balance.
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"Damn fine car Dodge... Ran over me wife with a Dodge!", Zeke
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02-06-2018, 12:54 AM
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#9557 | | OMGWTFBBQ is a common word I say everyday
Join Date: Jan 2005 Location: Vancouver
Posts: 5,185
Thanked 1,379 Times in 578 Posts
Failed 96 Times in 53 Posts
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Originally Posted by lowside67 What is driving the huge pull back in the sector?
-Mark | i know hindsight is always 20/20
but I thought it lead up perfectly to this week equity sell off.
All the speculative play starting crashing for "no apparant reason"
crypto was first, speculative industry like marijuna follow. Billions of money left these market.
Than comes the real equity sell off. Fund always sells off their speculative plays first. Big money shifting shit around.
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02-26-2018, 10:47 AM
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#9558 | | RS has made me the bitter person i am today!
Join Date: Nov 2010 Location: /
Posts: 4,865
Thanked 2,575 Times in 990 Posts
Failed 253 Times in 72 Posts
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Anyone here have ridiculous amounts in their TFSA from speculative holdings? Imagine having like $200 - 300k in your TFSA with high dividend stocks  so much tax free passive income.
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2022 Velo N
2005 S2000
2007 CSX Type-S [Sold]
2002 RSX-S [T-Boned]
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02-26-2018, 03:15 PM
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#9559 | | SiRVs up, dude
Join Date: Jan 2004 Location: Outerspace
Posts: 4,771
Thanked 345 Times in 178 Posts
Failed 31 Times in 17 Posts
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Originally Posted by Gerbs Anyone here have ridiculous amounts in their TFSA from speculative holdings? Imagine having like $200 - 300k in your TFSA with high dividend stocks so much tax free passive income. | My brother has 450k in his TFSA loL!
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02-26-2018, 03:33 PM
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#9560 | | RS has made me the bitter person i am today!
Join Date: Nov 2010 Location: /
Posts: 4,865
Thanked 2,575 Times in 990 Posts
Failed 253 Times in 72 Posts
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I've seen tons of $100 - 150k from investments in tech over the last couple of years. What's his holdings now at $450k? I wouldn't even want to withdraw from a TFSA at that point. I'd milk those massive compound returns for life.
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2022 Velo N
2005 S2000
2007 CSX Type-S [Sold]
2002 RSX-S [T-Boned]
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02-26-2018, 04:21 PM
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#9561 | | I contribute to threads in the offtopic forum
Join Date: Apr 2001 Location: VAN/RMD/BBY
Posts: 2,596
Thanked 1,022 Times in 450 Posts
Failed 54 Times in 30 Posts
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I'm guessing marijuana stocks.
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02-26-2018, 04:37 PM
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#9562 | | SiRVs up, dude
Join Date: Jan 2004 Location: Outerspace
Posts: 4,771
Thanked 345 Times in 178 Posts
Failed 31 Times in 17 Posts
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Yeah, he's all in Marijuana
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02-26-2018, 05:34 PM
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#9563 | | Rs has made me the woman i am today!
Join Date: Apr 2013 Location: revscene
Posts: 4,235
Thanked 4,797 Times in 1,619 Posts
Failed 165 Times in 63 Posts
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Marijuana stocks suck so much rn. Hype train died down.
Sent from my Pixel XL using Tapatalk
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|| 18 FK8 | R-18692 | Rallye Red | 6 MT ||
|| SOLD 97 E36 M3 Sedan | Arctic Silver | 5MT ||
|| RIP 02 E46 330ci | Schwartz Black II | 5MT | M-Tech II | Black Cube | Shadowline | Stoff Laser/Anthrazit ||
|| RIP 02 E46 M3 | Carbon Black | 6MT ||
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02-26-2018, 06:57 PM
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#9564 | | RS has made me the bitter person i am today!
Join Date: Nov 2010 Location: /
Posts: 4,865
Thanked 2,575 Times in 990 Posts
Failed 253 Times in 72 Posts
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Largest Holdings at the moment are lRCX, BABA, APPL, SQ, M, SBUX, DIS and Botz.
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2022 Velo N
2005 S2000
2007 CSX Type-S [Sold]
2002 RSX-S [T-Boned]
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04-04-2018, 09:37 AM
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#9565 | | Rs has made me the woman i am today!
Join Date: Apr 2013 Location: revscene
Posts: 4,235
Thanked 4,797 Times in 1,619 Posts
Failed 165 Times in 63 Posts
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RIP stock market. All I see is red, yet I think it's a prime time to average down
Sent from my Pixel XL using Tapatalk
__________________
|| 18 FK8 | R-18692 | Rallye Red | 6 MT ||
|| SOLD 97 E36 M3 Sedan | Arctic Silver | 5MT ||
|| RIP 02 E46 330ci | Schwartz Black II | 5MT | M-Tech II | Black Cube | Shadowline | Stoff Laser/Anthrazit ||
|| RIP 02 E46 M3 | Carbon Black | 6MT ||
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04-04-2018, 05:43 PM
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#9566 | | Rs has made me the woman i am today!
Join Date: Sep 2006 Location: Vancouver
Posts: 4,157
Thanked 1,346 Times in 589 Posts
Failed 149 Times in 56 Posts
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I don't even want to check my stocks. I'm heavily invested into weed...
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04-04-2018, 06:02 PM
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#9567 | | RS has made me the bitter person i am today!
Join Date: Nov 2010 Location: /
Posts: 4,865
Thanked 2,575 Times in 990 Posts
Failed 253 Times in 72 Posts
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Lol down like 10% over the last week. Which is good if I had more money to average down.
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2022 Velo N
2005 S2000
2007 CSX Type-S [Sold]
2002 RSX-S [T-Boned]
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04-12-2018, 05:00 PM
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#9568 | | Rs has made me the woman i am today!
Join Date: Apr 2013 Location: revscene
Posts: 4,235
Thanked 4,797 Times in 1,619 Posts
Failed 165 Times in 63 Posts
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Originally Posted by Gerbs Lol down like 10% over the last week. Which is good if I had more money to average down. | But at this point it's like, do I believe enough to even put money in to average down? So many regrets on trying to ride the weed hype and not buying HMMJ to begin with.
Sent from my Pixel XL using Tapatalk
__________________
|| 18 FK8 | R-18692 | Rallye Red | 6 MT ||
|| SOLD 97 E36 M3 Sedan | Arctic Silver | 5MT ||
|| RIP 02 E46 330ci | Schwartz Black II | 5MT | M-Tech II | Black Cube | Shadowline | Stoff Laser/Anthrazit ||
|| RIP 02 E46 M3 | Carbon Black | 6MT ||
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06-21-2018, 10:41 AM
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#9569 | | Rs has made me the woman i am today!
Join Date: Apr 2013 Location: revscene
Posts: 4,235
Thanked 4,797 Times in 1,619 Posts
Failed 165 Times in 63 Posts
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Currently up 86% for one of my stocks, I think it can hit 125% or 100%, but this is the greed speaking to me. Logically it makes more sense to sell half at legalization, and hold half to ride future profits. Or I could just cash out at 100% gain, and buy an e46 m3. Struggles.
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|| 18 FK8 | R-18692 | Rallye Red | 6 MT ||
|| SOLD 97 E36 M3 Sedan | Arctic Silver | 5MT ||
|| RIP 02 E46 330ci | Schwartz Black II | 5MT | M-Tech II | Black Cube | Shadowline | Stoff Laser/Anthrazit ||
|| RIP 02 E46 M3 | Carbon Black | 6MT ||
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06-21-2018, 12:14 PM
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#9570 | | Say! Say! Say!
Join Date: Aug 2005 Location: Japan
Posts: 15,436
Thanked 3,335 Times in 1,464 Posts
Failed 240 Times in 64 Posts
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Nothing wrong with taking gains.
I think the next big bull run will be initiated by the banks.
__________________ Quote: | Owner of Vansterdam's 420th thanks. OH YEAUHHH. | Quote:
Originally Posted by 89blkcivic Did I tell you guys black is my favourite colour? My Ridgeline is black. My Honda Fit is black. Wish my dick was black........ LOL. | | |
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06-21-2018, 01:24 PM
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#9571 | | I answer every Emotion with an emoticon
Join Date: Nov 2002 Location: 604
Posts: 7,954
Thanked 4,406 Times in 2,119 Posts
Failed 296 Times in 140 Posts
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Any thoughts on a DIY portfolio using platforms like Qtrade or Questrade vs. an actively managed Financial Advisor?
Those commercials about advisor fees got me thinking. Last year, my fees were like $2K. I have a financial advisor who uses primarily mutual funds, thinking of switching over to self-directed. I think I've read and learned enough about building a balanced ETF portfolio and some long term stock investing. With easy platforms, I could literally put my $$ in the same funds (eg. Trimark, AGF, Templeton) as my current portfolio under my current advisor and save the middle-man fees.
In my mind, ready to switch but emotionally a bit hesitant since I've had one for like 15+ years.
Not looking to get rich overnight ... I'm looking to invest and save over long term approach.
Last edited by whitev70r; 06-21-2018 at 01:30 PM.
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06-21-2018, 01:37 PM
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#9572 | | Say! Say! Say!
Join Date: Aug 2005 Location: Japan
Posts: 15,436
Thanked 3,335 Times in 1,464 Posts
Failed 240 Times in 64 Posts
| Quote:
Originally Posted by whitev70r Any thoughts on a DIY portfolio using platforms like Qtrade or Questrade vs. an actively managed Financial Advisor?
Those commercials about advisor fees got me thinking. Last year, my fees were like $2K. I have a financial advisor who uses primarily mutual funds, thinking of switching over to self-directed. I think I've read and learned enough about building a balanced ETF portfolio and some long term stock investing. With easy platforms, I could literally put my $$ in the same funds (eg. Trimark, AGF, Templeton) as my current portfolio under my current advisor and save the middle-man fees.
In my mind, ready to switch but emotionally a bit hesitant since I've had one for like 15+ years.
Not looking to get rich overnight ... I'm looking to invest and save over long term approach. | https://forums.redflagdeals.com/investing-f134/
Lots of good reading in the investing forum of RFD if you have time.
I think the couch potato thread might work for you.
__________________ Quote: | Owner of Vansterdam's 420th thanks. OH YEAUHHH. | Quote:
Originally Posted by 89blkcivic Did I tell you guys black is my favourite colour? My Ridgeline is black. My Honda Fit is black. Wish my dick was black........ LOL. | | |
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06-21-2018, 05:31 PM
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#9573 | | RS has made me the bitter person i am today!
Join Date: Nov 2010 Location: /
Posts: 4,865
Thanked 2,575 Times in 990 Posts
Failed 253 Times in 72 Posts
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Got owned by SBUX and LCRX, both making about 17% of my portfolio. Debating if I shoulder average down my Square as it's almost up 100% making up 12% of portfolio. Market is still hot this year, currently at 19% YTD holding about 50% in ETFs.
On a bright note, hopefully meet my goal of maxing out my TFSA by December. Then E46 M3 or S2000 time 
__________________
2022 Velo N
2005 S2000
2007 CSX Type-S [Sold]
2002 RSX-S [T-Boned]
Last edited by Gerbs; 06-21-2018 at 05:40 PM.
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06-22-2018, 01:30 PM
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#9574 | | Rs has made me the woman i am today!
Join Date: Apr 2013 Location: revscene
Posts: 4,235
Thanked 4,797 Times in 1,619 Posts
Failed 165 Times in 63 Posts
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Fucking called it m8. I was saying, "Just watch me see all red tomorrow, and the entire sector goes back down." Should have realized those gains 
__________________
|| 18 FK8 | R-18692 | Rallye Red | 6 MT ||
|| SOLD 97 E36 M3 Sedan | Arctic Silver | 5MT ||
|| RIP 02 E46 330ci | Schwartz Black II | 5MT | M-Tech II | Black Cube | Shadowline | Stoff Laser/Anthrazit ||
|| RIP 02 E46 M3 | Carbon Black | 6MT ||
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06-22-2018, 03:59 PM
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#9575 | | RS has made me the bitter person i am today!
Join Date: Nov 2010 Location: /
Posts: 4,865
Thanked 2,575 Times in 990 Posts
Failed 253 Times in 72 Posts
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How much % did it drop by. I can't hold too much speculative stocks. Can't handle the 5 to 15% swings every week lol
__________________
2022 Velo N
2005 S2000
2007 CSX Type-S [Sold]
2002 RSX-S [T-Boned]
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