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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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02-24-2022, 06:31 AM
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#11451 | | I *heart* Revscene.net very Muchie
Join Date: Nov 2004 Location: vancouver
Posts: 3,731
Thanked 792 Times in 394 Posts
Failed 152 Times in 50 Posts
| Quote:
Originally Posted by donk.  Following up on this,
Started the process to transfer from the group RRSP to a personal RRSP account. I think as long as I stay away from pink slips and risky stocks il survive.
Last year's return was 20% as I just checked my statement. But even this is well below everyone I know.....
Going to go with VFV, Canadian banks, one REIT, and maybe a couple "blue chips".
Any other suggestions to look into?
Thanks everyone | i'm in the same boat, i've had money with a fund manager (not CI investments) for FAR too long now and every year i mean to move it out. I good chunk of money with them and it's getting me squat for a return.
hell even my work RRSP funds got 20% last year
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02-24-2022, 08:18 PM
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#11452 | | My homepage has been set to RS
Join Date: Nov 2008 Location: vancouver
Posts: 2,354
Thanked 2,615 Times in 593 Posts
Failed 333 Times in 72 Posts
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Day ended up green lmao, probably a fake bounce though
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03-07-2022, 09:08 AM
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#11453 | | in the butt
Join Date: Aug 2016
Posts: 2,968
Thanked 3,802 Times in 1,376 Posts
Failed 187 Times in 100 Posts
| Quote:
Originally Posted by donk.
Going to go with VFV, Canadian banks, one REIT, and maybe a couple "blue chips".
Any other suggestions to look into?
Thanks everyone
| Funds are finally in my personal account
Rrsp purchases as of this morning,
12% BNS
12% SU
15% VFV
12% SRU.UN
The remaining 49% im holding as cash until the market starts to tick back up, at least for tech stocks
__________________ Quote:
Originally Posted by Mr.Money
i hate people who sound like they smoke meth then pretend like they matter.
Originally Posted by ilovebacon
Does anyone have a pair of 25 pounds one-inch hole for sale at a reasonable price?
Originally Posted by BIC_BAWS
pretty clean looking car tho... Kinda gay
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03-07-2022, 04:11 PM
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#11454 | | Old School RS
Join Date: May 2004 Location: Port Moody
Posts: 4,626
Thanked 4,096 Times in 1,252 Posts
Failed 129 Times in 79 Posts
| Quote:
Originally Posted by donk. Funds are finally in my personal account
Rrsp purchases as of this morning,
12% BNS
12% SU
15% VFV
12% SRU.UN
The remaining 49% im holding as cash until the market starts to tick back up, at least for tech stocks | So for clarity... you would rather hang on to your 49% in cash until the tech stocks you want to buy are more expensive than they are today since they ticking upwards? That is called "timing the market" and statistically you are going to be worse off than just putting the money to work and having a longer time invested.
Your rationale is common, but is genuinely is closer to the opposite of optimal. In our clients' portfolios, we are taking profits in areas that have done really well such as energy, and rebalancing the portfolio by buying some of the technology names that have taken a beating but we like in the long run.
I'm curious on why you like SRU.UN - to me, that sector doesn't seem like an obvious choice.
-Mark
__________________
I'm old now - boring street cars and sweet race cars. | 
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03-08-2022, 09:23 AM
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#11455 | | 2013, 2016, 2017 & 2018 NHL Fantasy RS1 Champion
Join Date: Aug 2005 Location: Vancouver
Posts: 7,125
Thanked 1,313 Times in 608 Posts
Failed 65 Times in 37 Posts
| Quote:
Originally Posted by Ulic Qel-Droma cut all my positions this morning and went long wheat call options... wheat already hit limit up. | Are you still bullish on wheat or cashed out before this drop?
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03-08-2022, 04:12 PM
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#11456 | | in the butt
Join Date: Aug 2016
Posts: 2,968
Thanked 3,802 Times in 1,376 Posts
Failed 187 Times in 100 Posts
| Quote:
Originally Posted by lowside67 So for clarity... you would rather hang on to your 49% in cash until the tech stocks you want to buy are more expensive than they are today since they ticking upwards? That is called "timing the market" and statistically you are going to be worse off than just putting the money to work and having a longer time invested.
-Mark | That's right, I'm timing the market in this instant case.
Only because it's on a downward trend at the same time that I got my transfer of funds. Il buy after a steady 1 week up or so....
Otherwise I agree: time in market > timing the market.
All of these purchases are going to be long term holds.
As for SRU, I'm actually against stocks all together, most of my savings are in real estate.
I thought I would dump some portfolio into a real estate stock, and this one stuck out for no good reason so I bought it. 6% dividend, very stable stock (in B 4 someone rips this stonk apart  )
Anyone reading my posts, I have no idea what I'm doing with stocks, and only make slightly educated guesses, in regards to the future of my rrsp portfolio.
I hope my posts bring entertainment value, for those that actually have an understanding of the market. 
__________________ Quote:
Originally Posted by Mr.Money
i hate people who sound like they smoke meth then pretend like they matter.
Originally Posted by ilovebacon
Does anyone have a pair of 25 pounds one-inch hole for sale at a reasonable price?
Originally Posted by BIC_BAWS
pretty clean looking car tho... Kinda gay
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03-10-2022, 11:24 PM
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#11457 | | I keep RS good
Join Date: May 2001 Location: Cosmos
Posts: 28,729
Thanked 5,594 Times in 1,522 Posts
Failed 875 Times in 298 Posts
| Quote:
Originally Posted by HonestTea Are you still bullish on wheat or cashed out before this drop? | i cashed out a day before the top, then bought much further out time and strike calls.
see what happens over the next 50 days... im doing options on futures btw, not $WHEAT
Last edited by Ulic Qel-Droma; 03-10-2022 at 11:34 PM.
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03-11-2022, 07:04 AM
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#11458 | | RS.net, helping ugly ppl have sex since 2001
Join Date: Nov 2002 Location: 604
Posts: 8,526
Thanked 4,750 Times in 2,287 Posts
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With the surging interest in the Hyundai Ioniq 5 ... is Hyundai a good buy? But it is complicated because they only list in Korea (I think), not in the NYSE or TSX.
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03-11-2022, 08:12 AM
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#11459 | | Performance Moderator
Join Date: Jun 2001 Location: Richmond
Posts: 17,546
Thanked 18,652 Times in 6,271 Posts
Failed 302 Times in 198 Posts
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Has Ulic ever lost money?  | |
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03-28-2022, 05:27 AM
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#11460 | | I keep RS good
Join Date: May 2001 Location: Cosmos
Posts: 28,729
Thanked 5,594 Times in 1,522 Posts
Failed 875 Times in 298 Posts
| Quote:
Originally Posted by 68style Has Ulic ever lost money? | all the time, not winning on this new set of wheat calls lol! looking to recover 50% or breakeven within a month.
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03-29-2022, 09:00 AM
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#11461 | | in the butt
Join Date: Aug 2016
Posts: 2,968
Thanked 3,802 Times in 1,376 Posts
Failed 187 Times in 100 Posts
| Quote:
Originally Posted by donk.
The remaining 49% im holding as cash until the market starts to tick back up
| Alright, I'm all in
12% BNS
12% SU
15% VFV
12% SRU.UN
After market uptick purchased the remainder
6% DOL
8% FTS
4% MG
7% QBR.B
7% RY
7% TRP
4% NYSE:UL
4%BBD. PR.C
__________________ Quote:
Originally Posted by Mr.Money
i hate people who sound like they smoke meth then pretend like they matter.
Originally Posted by ilovebacon
Does anyone have a pair of 25 pounds one-inch hole for sale at a reasonable price?
Originally Posted by BIC_BAWS
pretty clean looking car tho... Kinda gay
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03-29-2022, 09:33 AM
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#11462 | | I have named my kids VIC and VLS
Join Date: Oct 2001
Posts: 38,489
Thanked 15,427 Times in 6,233 Posts
Failed 2,109 Times in 716 Posts
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Copped a bunch of NCLH at 16, right back up again lol
I’m holding far more of a cruise line than I’d like but all my shares have been purchased sub 16, need to hit those 30’s again and dump it all lol
__________________
Dank memes cant melt steel beams
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03-30-2022, 08:44 AM
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#11463 | | 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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Anyone in copper?
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03-30-2022, 01:02 PM
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#11464 | | HELP ME PLS!!!
Join Date: Nov 2005 Location: vancouver
Posts: 5,989
Thanked 1,380 Times in 479 Posts
Failed 51 Times in 26 Posts
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I have one company on copper been going up and down last several months. I just held it and see the long run.
holding onto a couple of airlines to see where they will go.
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03-30-2022, 03:12 PM
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#11465 | | 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
| Quote:
Originally Posted by lilaznviper I have one company on copper been going up and down last several months. I just held it and see the long run.
holding onto a couple of airlines to see where they will go. | I am still doing my research, however, I heard copper will be in the trend because of green energy and EVs.
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04-20-2022, 03:22 PM
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#11466 | | I contribute to threads in the offtopic forum
Join Date: Jun 2013 Location: Burnaby
Posts: 2,519
Thanked 2,986 Times in 802 Posts
Failed 412 Times in 112 Posts
| https://ir.tesla.com/#tab-quarterly-disclosure
Tesla Financials came out today.
SMASHED IT. Unreal how they can increase revenues and decrease expenses combined with the worlds biggest supply chain issues we have ever seen. Once we get through this pandemic and figure out supply chain, Tesla is going to be fully unleashed and they're going to be printing money hand over fist.
Guys get on board because TSLA is leaving the station. There is no other company with the roadmap and potential that Tesla has. They are a true growth story. Imagine getting in on Amazon or Google in the beginning. Tesla's runway is still so long, it's incredible. Just do some of your own research and you'll see how much potential TSLA has.
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04-25-2022, 08:11 AM
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#11467 | | RS.net, helping ugly ppl have sex since 2001
Join Date: Nov 2002 Location: 604
Posts: 8,526
Thanked 4,750 Times in 2,287 Posts
Failed 303 Times in 146 Posts
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Is it too late to throw something at Twitter?
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04-25-2022, 11:34 AM
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#11468 | | Say! Say! Say!
Join Date: Aug 2005 Location: Japan
Posts: 15,477
Thanked 3,359 Times in 1,479 Posts
Failed 246 Times in 65 Posts
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Well, I got the notification about it, so I guess it is, lol
__________________ 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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04-25-2022, 12:09 PM
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#11469 | | RS.net, helping ugly ppl have sex since 2001
Join Date: Nov 2002 Location: 604
Posts: 8,526
Thanked 4,750 Times in 2,287 Posts
Failed 303 Times in 146 Posts
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WTH is happening with Shopify ... it keeps hitting a deeper bottom! Just when people say, it's bottomed out, buy ... it drops another $100/share !!
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04-25-2022, 12:19 PM
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#11470 | | 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
| Quote:
Originally Posted by whitev70r WTH is happening with Shopify ... it keeps hitting a deeper bottom! Just when people say, it's bottomed out, buy ... it drops another $100/share !! | Probably this? https://financialpost.com/news/retai...-prime-service | |
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04-25-2022, 12:19 PM
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#11471 | | in the butt
Join Date: Aug 2016
Posts: 2,968
Thanked 3,802 Times in 1,376 Posts
Failed 187 Times in 100 Posts
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Buy on the down
Sell on the up
Right?... Right!?!..
__________________ Quote:
Originally Posted by Mr.Money
i hate people who sound like they smoke meth then pretend like they matter.
Originally Posted by ilovebacon
Does anyone have a pair of 25 pounds one-inch hole for sale at a reasonable price?
Originally Posted by BIC_BAWS
pretty clean looking car tho... Kinda gay
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04-25-2022, 12:22 PM
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#11472 | | in the butt
Join Date: Aug 2016
Posts: 2,968
Thanked 3,802 Times in 1,376 Posts
Failed 187 Times in 100 Posts
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Twitter.... Long musk can finally pump and dump dogecoin all he wants, all he needs now is instagoogleface
__________________ Quote:
Originally Posted by Mr.Money
i hate people who sound like they smoke meth then pretend like they matter.
Originally Posted by ilovebacon
Does anyone have a pair of 25 pounds one-inch hole for sale at a reasonable price?
Originally Posted by BIC_BAWS
pretty clean looking car tho... Kinda gay
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04-25-2022, 02:55 PM
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#11473 | | RS.net, helping ugly ppl have sex since 2001
Join Date: Nov 2002 Location: 604
Posts: 8,526
Thanked 4,750 Times in 2,287 Posts
Failed 303 Times in 146 Posts
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Musk may have a shiny new $43B toy to play with but I think his version of 'free speech' will get all the cray cray Trumpsters back on Twitter ... I foresee it going down the toilet.
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04-25-2022, 05:50 PM
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#11474 | | RS has made me the bitter person i am today!
Join Date: Dec 2009 Location: Burnaby
Posts: 4,534
Thanked 6,043 Times in 2,233 Posts
Failed 273 Times in 109 Posts
| Quote:
Originally Posted by PeanutButter https://ir.tesla.com/#tab-quarterly-disclosure
Tesla Financials came out today.
SMASHED IT. Unreal how they can increase revenues and decrease expenses combined with the worlds biggest supply chain issues we have ever seen. Once we get through this pandemic and figure out supply chain, Tesla is going to be fully unleashed and they're going to be printing money hand over fist.
Guys get on board because TSLA is leaving the station. There is no other company with the roadmap and potential that Tesla has. They are a true growth story. Imagine getting in on Amazon or Google in the beginning. Tesla's runway is still so long, it's incredible. Just do some of your own research and you'll see how much potential TSLA has. | @ $1,000 a share, you think there's more immediate growth to be had?
I'm a little doubtful on that, Bill Gates seems to be thinking the same, he's apparently been shorting TLSA.
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04-25-2022, 07:51 PM
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#11475 | | in the butt
Join Date: Aug 2016
Posts: 2,968
Thanked 3,802 Times in 1,376 Posts
Failed 187 Times in 100 Posts
| Quote:
Originally Posted by whitev70r Musk may have a shiny new $43B toy to play with but I think his version of 'free speech' will get all the cray cray Trumpsters back on Twitter ... I foresee it going down the toilet. | Now that Elon owns tweeder, I'm probably gonna dump some money in.
I don't use or support the platform, but the market does whatever he pumps
I don't believe in Tesla being worth 100$ and somehow it's 1000$
If Twitter is 50$, in two years time, by the time it's pumped on YouTube, Twitter, and whatever other platforms, it's gonna be 500$
__________________ Quote:
Originally Posted by Mr.Money
i hate people who sound like they smoke meth then pretend like they matter.
Originally Posted by ilovebacon
Does anyone have a pair of 25 pounds one-inch hole for sale at a reasonable price?
Originally Posted by BIC_BAWS
pretty clean looking car tho... Kinda gay
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