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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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03-01-2020, 11:28 PM
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#10176 | | Say! Say! Say!
Join Date: Aug 2005 Location: Japan
Posts: 15,436
Thanked 3,335 Times in 1,464 Posts
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Originally Posted by PeanutButter  Damnit... The guys on cnbc are talking like we should buy this dip...The fact they are telling us to buy the dip tells me the worse is yet to come.
I was going to buy in, but people around me are telling me to buy the dip...Whenever the majority of people I talk to tell me something, it always turns out bad... sigh...
Double top just happened, technicals are telling me to stay away... Didn't end up buying this week. Expecting things to turn sour | Buy in when you feel comfortable with the price or DCA.
__________________ 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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03-02-2020, 08:32 AM
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#10177 | | SFICC-03*
Join Date: Mar 2002 Location: richmond
Posts: 8,387
Thanked 2,865 Times in 1,151 Posts
Failed 153 Times in 76 Posts
| Quote:
Originally Posted by PeanutButter Damnit... The guys on cnbc are talking like we should buy this dip...The fact they are telling us to buy the dip tells me the worse is yet to come.
I was going to buy in, but people around me are telling me to buy the dip...Whenever the majority of people I talk to tell me something, it always turns out bad... sigh...
Double top just happened, technicals are telling me to stay away... Didn't end up buying this week. Expecting things to turn sour | the way i look at it is that if you were already buying regularly before the dip, then this is an even better time to continue doing so. if you are on the outside looking in and have not been active in buying over the last few years, then i'd recommend not jumping in with both feet. also whether you're in or out, i would not recommend over-leveraging to get in right now, just buy as usual, or maybe just slightly more than usual. it's a good time to make sensible buying decisions.
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03-02-2020, 05:48 PM
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#10178 | | 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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Long term invest Dollar cost average is gonna be the best bet for most people.
on a shorter term.
Our daily charts are looking eerily like 2008
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03-02-2020, 06:42 PM
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#10179 | | RS.net, where our google ads make absolutely no sense!
Join Date: Jul 2004 Location: vancouver
Posts: 900
Thanked 200 Times in 44 Posts
Failed 28 Times in 9 Posts
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Anyone buying US stocks in your TSFA? How does that work? You deposit CDN into your TSFA and then convert that into USD? I assume you would have to open a US TSFA stock account to transfer that money into.
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03-02-2020, 07:05 PM
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#10180 | | 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 xxxrsxxx Anyone buying US stocks in your TSFA? How does that work? You deposit CDN into your TSFA and then convert that into USD? I assume you would have to open a US TSFA stock account to transfer that money into. | I just deposit CAD and when buying US stocks, it automatically calculates the exchange rate for me.
__________________ 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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03-02-2020, 09:15 PM
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#10181 | | 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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Buy stocks in Purex, Charmin, and Cottonelle.
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03-02-2020, 11:54 PM
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#10182 | | I *Fwap* *Fwap* *Fwap* to RS
Join Date: Mar 2010 Location: -
Posts: 1,593
Thanked 370 Times in 178 Posts
Failed 27 Times in 11 Posts
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Originally Posted by xxxrsxxx Anyone buying US stocks in your TSFA? How does that work? You deposit CDN into your TSFA and then convert that into USD? I assume you would have to open a US TSFA stock account to transfer that money into. | That's what I do for my TFSA Questrade account. I deposit CAD and when I buy a USD ticket stock, it will automatically convert CAD to USD for me. Since the amounts I transfer aren't big enough, I don't bother with Norbert's Gambit.
I would check with your Broker to see how they handle it.
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03-03-2020, 01:34 PM
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#10183 | | 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 always do Norbert's Gambit when swapping CAD to USD.
__________________
2022 Velo N
2005 S2000
2007 CSX Type-S [Sold]
2002 RSX-S [T-Boned]
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03-03-2020, 02:06 PM
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#10184 | | My homepage has been set to RS
Join Date: Jan 2012 Location: vancouver
Posts: 2,447
Thanked 1,759 Times in 545 Posts
Failed 1,107 Times in 281 Posts
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Originally Posted by xxxrsxxx Anyone buying US stocks in your TSFA? How does that work? You deposit CDN into your TSFA and then convert that into USD? I assume you would have to open a US TSFA stock account to transfer that money into. | I would like to know too, but I think you are correct. I tried using the platform Questrade. My funds didn't go through and I was having problems setting it up. After back and forth emailing their unsupportive customer support. I gave up LOL.
I tried using Robinhood too... but it's only for Americans...
What platform is user-friendly for newcomers?
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03-03-2020, 03:10 PM
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#10185 | | 14 dolla balla aint got nothing on me!
Join Date: May 2013 Location: Richmond
Posts: 619
Thanked 676 Times in 228 Posts
Failed 45 Times in 27 Posts
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I used TD and it’s very user friendly
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03-03-2020, 04:24 PM
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#10186 | | To me, there is the Internet and there is RS
Join Date: Apr 2007 Location: Okanagan
Posts: 16,700
Thanked 9,390 Times in 4,089 Posts
Failed 427 Times in 225 Posts
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I'm a total noob but QTrade is super easy to use.
__________________ 1991 Toyota Celica GTFour RC // 2007 Toyota Rav4 V6 // 2000 Jeep Grand Cherokee
1992 Toyota Celica GT-S ["sold"] \\ 2007 Jeep Grand Cherokee CRD [sold] \\ 2000 Jeep Cherokee [sold] \\ 1997 Honda Prelude [sold] \\ 1992 Jeep YJ [sold/crashed] \\ 1987 Mazda RX-7 [sold] \\ 1987 Toyota Celica GT-S [crushed] Quote:
Originally Posted by maksimizer half those dudes are hotter than ,my GF. | Quote:
Originally Posted by RevYouUp reading this thread is like waiting for goku to charge up a spirit bomb in dragon ball z | Quote:
Originally Posted by Good_KarMa OH thank god. I thought u had sex with my wife. :cry: | | |
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03-05-2020, 12:51 PM
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#10187 | | 14 dolla balla aint got nothing on me!
Join Date: May 2011 Location: 1966 Mustang
Posts: 617
Thanked 1,979 Times in 262 Posts
Failed 268 Times in 45 Posts
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Any opinions on TVIX?
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03-05-2020, 01:14 PM
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#10188 | | MOD MOD MOD MOD MOD
Join Date: Dec 2003 Location: vancouver
Posts: 5,855
Thanked 3,513 Times in 1,158 Posts
Failed 212 Times in 81 Posts
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Originally Posted by finbar Any opinions on TVIX? | Keep an eye on any VIX sort of stocks when other shit goes down hill, if markets start to slump, these start to go up. I've only day traded VIX and I would not recommend bag holding on these.
TVIX, VIX, VIXY, VIIX.
__________________ Quote: | [03-07, 03:26] Yodamaster - The feeling when you quickly insert without hitting the sides | | |
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03-08-2020, 04:49 PM
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#10189 | | I Will not Admit my Addiction to RS
Join Date: May 2014 Location: Home*
Posts: 513
Thanked 387 Times in 128 Posts
Failed 21 Times in 14 Posts
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Originally Posted by Razor Ramon HG I just deposit CAD and when buying US stocks, it automatically calculates the exchange rate for me. | I was under the impression that you can't buy us stocks in tfsa and rrsp. Maybe u can but then they will be taxed outside of tfsa and rrsp norms
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03-09-2020, 06:46 AM
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#10190 | | RS.net, helping ugly ppl have sex since 2001
Join Date: Oct 2005 Location: Revscene
Posts: 9,608
Thanked 7,628 Times in 2,559 Posts
Failed 434 Times in 126 Posts
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Free fallin'!!!
__________________ Quote:
Originally Posted by skyxx Sonick is a genius. I won't go into detail what's so great about his post. But it's damn good! | 2010 Toyota Rav4 Limited V6 - Wifey's Daily Driver
2009 BMW 128i - Daily Driver
2007 Toyota Rav4 Sport V6 - Sold
1999 Mazda Miata - Sold
2003 Mazda Protege5 - Sold
1987 BMW 325is - Sold
1990 Mazda Miata - Sold 100% Buy and Sell Feedback | |
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03-09-2020, 06:50 AM
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#10191 | | 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 my ... panic has hit the markets. NYSE, TSX halted.
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03-09-2020, 12:33 PM
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#10192 | | 14 dolla balla aint got nothing on me!
Join Date: May 2013 Location: Richmond
Posts: 619
Thanked 676 Times in 228 Posts
Failed 45 Times in 27 Posts
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As bad as the market is right now, this is the perfect opportunity to get in
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03-09-2020, 12:50 PM
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#10193 | | I *heart* Revscene.net very Muchie
Join Date: Nov 2004 Location: vancouver
Posts: 3,665
Thanked 760 Times in 383 Posts
Failed 150 Times in 49 Posts
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i've topped up my TFSA limit from 2019 and 2020, waiting to buy something smart
dear god i need to get into something smart
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03-09-2020, 03:56 PM
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#10194 | | MOD MOD MOD MOD MOD
Join Date: Dec 2003 Location: vancouver
Posts: 5,855
Thanked 3,513 Times in 1,158 Posts
Failed 212 Times in 81 Posts
| Quote:
Originally Posted by Rallydrv I was under the impression that you can't buy us stocks in tfsa and rrsp. Maybe u can but then they will be taxed outside of tfsa and rrsp norms | Been trading in USD in my TFSA for a few years now, never had any sort of restriction.
__________________ Quote: | [03-07, 03:26] Yodamaster - The feeling when you quickly insert without hitting the sides | | |
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03-09-2020, 04:07 PM
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#10195 | | 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 blkgsr i've topped up my TFSA limit from 2019 and 2020, waiting to buy something smart
dear god i need to get into something smart | VGRO
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03-09-2020, 08:12 PM
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#10196 | | HELP ME PLS!!!
Join Date: May 2002 Location: vancity
Posts: 5,734
Thanked 722 Times in 364 Posts
Failed 40 Times in 26 Posts
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Anyone getting taxed from the IRA on US stocks? I read that it is an automatic deduction from dividends.
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03-09-2020, 09:15 PM
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#10197 | | RS.net, helping ugly ppl have sex since 2001
Join Date: Oct 2005 Location: Revscene
Posts: 9,608
Thanked 7,628 Times in 2,559 Posts
Failed 434 Times in 126 Posts
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Originally Posted by SiRV VGRO | May as well go all in with VEQT
__________________ Quote:
Originally Posted by skyxx Sonick is a genius. I won't go into detail what's so great about his post. But it's damn good! | 2010 Toyota Rav4 Limited V6 - Wifey's Daily Driver
2009 BMW 128i - Daily Driver
2007 Toyota Rav4 Sport V6 - Sold
1999 Mazda Miata - Sold
2003 Mazda Protege5 - Sold
1987 BMW 325is - Sold
1990 Mazda Miata - Sold 100% Buy and Sell Feedback | |
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03-09-2020, 11:18 PM
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#10198 | | I subscribe to the Fight Club ONLY
Join Date: Apr 2004 Location: BC, HK, USA
Posts: 7,479
Thanked 2,418 Times in 1,014 Posts
Failed 166 Times in 73 Posts
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lost my 3 yrs earnings in the lsat 2 weeks. danggg eeveryone getting hit hard.
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03-10-2020, 01:52 AM
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#10199 | | Even when im right, revscene.net is still right!
Join Date: May 2002 Location: vancouver
Posts: 2,179
Thanked 1,090 Times in 318 Posts
Failed 294 Times in 64 Posts
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Originally Posted by Rallydrv I was under the impression that you can't buy us stocks in tfsa and rrsp. Maybe u can but then they will be taxed outside of tfsa and rrsp norms | https://www.moneysense.ca/save/inves...cks-in-a-tfsa/ | |
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03-10-2020, 01:54 AM
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#10200 | | Even when im right, revscene.net is still right!
Join Date: May 2002 Location: vancouver
Posts: 2,179
Thanked 1,090 Times in 318 Posts
Failed 294 Times in 64 Posts
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So buy back in late spring when the coronavirus starts to burn out and the economy starts to rebound?
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