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Hondaracer 06-18-2024 05:32 PM

So made some massive gains in Apple and Nvidia in the last month or so, 5 digit type gains, so I had to pull some of my gains out, I’ve been riding those ponies far too long without pulling some of my money out.

Looking at some ETF’s and dividend stocks to diversify a little more than I currently am, any recommendations?

Been looking at Medtronic and Verizon for dividends

whitev70r 07-03-2024 07:09 AM

What is happening to TSLA? It went up like >15% in last 2 days. Get the hell out now or wait ... with all these Chinese EV coming to market?

pastarocket 11-12-2024 07:36 AM

Quote:

Originally Posted by whitev70r (Post 9141425)
What is happening to TSLA? It went up like >15% in last 2 days. Get the hell out now or wait ... with all these Chinese EV coming to market?

TSLA has skyrocketed in the past week. The stock is up about 30 percent in the past 7 days.

Elon is making it rain even more. His net worth jumped up 60 billion US in the past week. Super rich get even more filthy rich.
-did some research into how many TSLA shares that Musk has in his company. He has over 715 million shares of TSLA.

He owns 22.3% of Tesla.

Did anyone buy TSLA recently or in the past before the U.S. election?

I bought some shares this week. FeelsGoodMan

whitev70r 11-12-2024 07:43 AM

I got sick of Musk and his antics and sold it all about a month ago before it went to the moon, still gained some profits but missed this last wave. It's OK, I got to the point where I just could not stomach Musk ... even it meant gains in my portfolio. No regrets.

whitev70r 03-05-2025 06:15 AM

Which industry/(ies) would be good buys on a discount during this volatility time?

mikemhg 03-05-2025 10:58 AM

Private prisons and defense contractors, specifically EU based :lol

https://www.theguardian.com/business...ye-orders-boom

supafamous 03-23-2025 06:27 PM

Quote:

Originally Posted by whitev70r (Post 9167516)
Which industry/(ies) would be good buys on a discount during this volatility time?

Considering that Trump seems intent on putting tariffs on everything I think there's no market that's going to do well. I swapped a big chunk of my equities out for bonds in my RRSP in the last couple weeks to help ride things out - I'm close enough to full retirement that I don't want to ride out a 30% dip.

xxxrsxxx 03-30-2025 09:23 PM

Quote:

Originally Posted by supafamous (Post 9170269)
Considering that Trump seems intent on putting tariffs on everything I think there's no market that's going to do well. I swapped a big chunk of my equities out for bonds in my RRSP in the last couple weeks to help ride things out - I'm close enough to full retirement that I don't want to ride out a 30% dip.

I'm a little uneasy with the uncertainty factor too in equities....My main holdings are with TD so I usually go with their funds. What bond funds do you suggest?

xxxrsxxx 03-31-2025 09:49 PM

anyone buying gold ETFs?

supafamous 04-04-2025 08:48 AM

Quote:

Originally Posted by xxxrsxxx (Post 9171310)
I'm a little uneasy with the uncertainty factor too in equities....My main holdings are with TD so I usually go with their funds. What bond funds do you suggest?

I hold VAB for my CAD (through VBAL) and I bought BND with my USD. I have a lot of USD in my RRSP b/c of very long holds of Apple and Amazon so I bought BND. I'm didn't do a tonne of research - I knew I needed to get out of equities and had already missed the peak so I moved quick and just went with Vanguards' top bond ETF.

I'd be eating a lot more shit this week if I hadn't swapped out back on the 12th.

I knew Trump was crazy but I didn't know he was THIS crazy.

lowside67 04-04-2025 09:12 AM

It has been a wild couple of days for sure.

The most negative name in our portfolio right now (on a year to date return) is Broadcom which is -38% give or take, that's a pretty ugly number to see in isolation.

However, the even crazier part to me, is a person is still UP on Broadcom about 36% if they hade owned it since Jan 2024. They'd be up about 155% if they had owned it since Jan 2023.

Time heals a lot of wounds. Some people making short term bets and getting it wrong are going to be feeling some pain right now, but honestly we have more clients asking if it's time to put money in than clients asking whether to "take the loss" and sell, going to bonds/cash/gold/Bitcoin/whatever.

Especially when things move so dramatically in a short term, generally the knee jerk reaction is the wrong one and it's worth taking some time to digest and analyze.

-Mark

whitev70r 04-04-2025 02:34 PM

I'm no expert investor but I don't think you can go wrong for the long haul if you buy some in the next few months as the overall market is definitely making a downturn in almost every sector. I mean for heaven's sakes, don't buy gold now when it is the only thing on the rise.

CivicBlues 04-04-2025 03:02 PM

Yeah, I mean who else here started buying European Defense ETFs when Trump started talking smack?? Now down -15% from the peak :whistle:

Hondaracer 04-05-2025 10:46 AM

Crypto ETF’s doing OK

MSTR has been one of the few greens lol

supafamous 04-06-2025 08:53 AM

Quote:

Originally Posted by whitev70r (Post 9172029)
I'm no expert investor but I don't think you can go wrong for the long haul if you buy some in the next few months as the overall market is definitely making a downturn in almost every sector. I mean for heaven's sakes, don't buy gold now when it is the only thing on the rise.

There's going to be some great buying opportunities in the coming (I think Google is incredibly cheap right now and Amazon is at a very good price) but I think the timing depends on what you think of how things will play out - is this a 2022-like correction (-18%) or is this 2008 all over again (-38%).

Few thought Trump would be this crazy - the guy can make an OnlyFans account now with how he's fucked 8B people in one day. He's operating with no guardrails any longer - no one on his team is a moderating presence, it's all clowns who kiss his ass and retell the same lies.

Even if Trump does back down on tariffs sooner rather than later (and I'm betting later - like Q4) the damage he's done in providing certainty and stability to the markets is gone. Businesses won't want to invest while he continues to wave a gun around everyday - at best we have a moderate recession rather than something that resembles a depression (remember there's no one trying to protect the economy besides Jerome Powell - one man can't do this by himself).

My guess is that I don't buy back in till late this year - I think we're far from rock bottom (I'm betting we're facing a 2008 and not a 2022).


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