Jimsun
Well-known member
Ahh sorry i was referring to Tesla @ 208
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Ahh sorry i was referring to Tesla @ 208
I know TSLA is banking on their upcoming mass-market model selling in large numbers ... but they had better watch out for this: http://www.autonews.com/article/20150629/OEM05/306299985/chevy-pulls-ahead-timetable-for-bolt-ev
I
More appropriate for an investment thread I suppose, but the bank takes care of my investments in a "moderate/high-risk" portfolio. it hasn't been doing well and has been shrinking the past 5-6 months. Are the markets not doing well or is the bank being lazy with managing it?
What are the management fees like? As long as they are naking their money, really, they dgaf what happens to your $$
I'm guessing mutual funds?
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The Chinese stock market melted down in June, overall market value there dropped by a third in less than a month. Further shocks happened in July and August, and China devaluing its currency in August making its exports even cheaper to buy in North America didn't help either.
Canadian and US markets were impacted by those hits as well as by negative economic indicators here in North America, and were on a slide since the start of June up until the end of September. The S&P/TSX Composite Index went from 15,400 down to a low of 12,700, a 20% drop in that time. There has been a bit of a recovery in October with the Composite Index bouncing around in the 13,500 to 14,000 range.
If your investments are in the moderate/high risk category they are more susceptible to volatility created by market nervousness, and China has given the markets plenty to be nervous about.
Thank you very much for the detailed reply.
Np. Don't be in a hurry to sell because that just crystallizes any loss. Leave it to the bank's portfolio managers to recalibrate the holdings to suit the markets.
The markets will recover following the hiccup, er, burp. The drop actually provides you with a good buying opportunity if you have spare cash laying around doing nothing.
Spare cash is going towards a third bike (and not the ring that the gf wants
)
Doesn't matter how much you sink into the bike...it will cost you less in the long run. Trust me. ?Spare cash is going towards a third bike (and not the ring that the gf wants
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Looking at more options now as I'm slowly feeding in the account with some side money I make (minimal but it's a start) and looking at DRIP options.
Any recommendations on DRIP stocks? I thought all dividend paying stocks are DRIP, but they're not so now need to take a look at others.
Any recommendations on DRIP stocks? I thought all dividend paying stocks are DRIP, but they're not so now need to take a look at others.
Depending on your investing style (passive, active, etc) look into Index Fund ETFs (iShares Blackrock, Vanguard, etc), Dollar cost averaging and synthetic (Automatic) DRIPs.
This is now CGC.TO
Has been doing well. I expect flat or down slightly until around Jan/Feb. Anyone else have any thoughts?
Also bought APH and OGI ...both are up.
I have it, I will likely sell around the time it becomes legal, maybe even just before, all about the hype. I won't hold it much longer because lots of others will get into the market pretty quick, why risk it when I have already made so much... They may be the big winner long term, maybe not.
Getting too greedy usually ends poorly.
Nice 3 / 6 / 12 month charts (APH). OGI on a technical run atm. Stay tuned - closely.
CGC is set to run. Could start tomorrow. Again. Stay tuned. Take some $$. Rinse / repeat.
I agree that the smaller companies may not make it long term but growing bigger than CGC at this point will be no easy task. Depends how the legislation goes... Eg. they currently ship medical product by mail. If they can do that for recreational, they can beat retail prices with no middle man.
As a rule, I don't deal with smallcaps but I got the same feeling that I had with NFLX when it was at $8 ...which I didn't act on and kicked myself for.
"Impossible to see the future is" - Yoda
Bought few weeks ago CM:US @ $76.83 and BAC:US @ $14.82... very glad with the purchase eventhough CM had a hold rating. I think it'll go up even more ... hopefully a stock split.
BAC:US is going to be a long term hold for me. I plan on my buying a crap more BAC:US along with WFC:US & JPM:US soon. Would like to buy AGN:US but hoping price goes down a bit. AGN:US should be $300+ next year hopefully once they ditch the generic side of things.
BAC:US is going to be a long term hold for me. I plan on my buying a crap more BAC:US along with WFC:US & JPM:US soon. Would like to buy AGN:US but hoping price goes down a bit. AGN:US should be $300+ next year hopefully once they ditch the generic side of things.
I'm going heavy on US banking. I think they are still under valued with a great return.
Dresden
Well-known member
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