|
|
|
Stocks
- Thread starter Boots
- Start date
I keep 1/3 in a bank account 1/3 in growth stocks and 1/3 in dividend stocks. Has been a decent mix I picked up a bunch of bpy.un at 12 earlier in the year helps quite a bit.
Sent from my moto g(8) plus using Tapatalk
Sent from my moto g(8) plus using Tapatalk
:max_bytes(150000):strip_icc()/maxresdefault-06ecf629e7be407795fb38d482589a0c.jpg)
What Are SPDR ETFs?
SPDRs, or spiders, are exchange-traded funds based on an index and can be a great vehicle for making money and hedging against other risks.
This is the man that manages the fund:
Canadian Money magazine, which is digital only, no longer in print , has for years published the "couch potatos guide in investment" . Some friends have followed that guide for years , give zero to investment advisors and are doing just fine. Not getting rich but certainly keeping more of thier money.
Used to enjoy that magazine.
I hate all this digital crap nowadays.
Yes, get off my lawn.
I like the set it and forget it style.
Review every year.
Rebalance if you need to and go.
In about 10 years I will have to change it up and go low risk to start planning for retirement or death.
Whichever comes first.
Sent from my Pixel 3a using Tapatalk
Anyone subscribe to the Motley Fool? I keep seeing their content on my phones Google feed.
Whenever they give a positive review on a stock, I've noticed it goes up. Similarly the other way around. I'll admit to picking up a few stocks from their posts.
It's funny though because they have several writers and eventually you'll see one of them post an opposing view to what most of the other writers have been saying. I guess they cover their arses that way and can always after the fact pick the one story that corroborates what the market has actually done after the fact and point to their stellar advice.
Whenever they give a positive review on a stock, I've noticed it goes up. Similarly the other way around. I'll admit to picking up a few stocks from their posts.
It's funny though because they have several writers and eventually you'll see one of them post an opposing view to what most of the other writers have been saying. I guess they cover their arses that way and can always after the fact pick the one story that corroborates what the market has actually done after the fact and point to their stellar advice.
LOL. Motley Fool:
"Shopify is up 170% this quarter. See what other hot stock is blowing up this quarter, click here for more details"
"Enbridge reported stellar earnings this quarter. See what other hot stock reported awesome numbers, click here for details."
Links lead to a subscription page. "Fooled" you into clicking on clickbait once again.
It's funny though because they have several writers and eventually you'll see one of them post an opposing view to what most of the other writers have been saying. I guess they cover their arses that way and can always after the fact pick the one story that corroborates what the market has actually done after the fact and point to their stellar advice.
Every finance web page does that:
1) Hedge bets
2) Gain clicks from people looking for confirmation bias on both sides of the trade
3) Profit.
If you post articles predicting both directions then you'll always be able to point to one of them and say "Look! We were right!"
Don't neglect the following "modus operandi": Pick a hot sector (tech). Pick a stock in that sector. Quietly buy some. Publish an article "Hot stock tip, X is up Y% in the last 3 months. How far will it go?" There's a bounce the day after the article publishes. Quietly sell some.
Don't neglect the following "modus operandi": Pick a hot sector (tech). Pick a stock in that sector. Quietly buy some. Publish an article "Hot stock tip, X is up Y% in the last 3 months. How far will it go?" There's a bounce the day after the article publishes. Quietly sell some.
Imo motley fool used to be ok. For a long while, they have been complete trash. Not sure if there was a change in ownership or if they just figured out that there was way more money to be made spewing clickbait garbage than well-reasoned advice.Anyone subscribe to the Motley Fool? I keep seeing their content on my phones Google feed.
Whenever they give a positive review on a stock, I've noticed it goes up. Similarly the other way around. I'll admit to picking up a few stocks from their posts.
It's funny though because they have several writers and eventually you'll see one of them post an opposing view to what most of the other writers have been saying. I guess they cover their arses that way and can always after the fact pick the one story that corroborates what the market has actually done after the fact and point to their stellar advice.
Are you insinuating that they Pump and Dump?
Social media and the internet itself made that play hugely successful and more profitable than ever.
Sent from my Pixel 3a using Tapatalk
The more I read the more I wish I had that mentality and skillset to screw people out of their money lol. Ugh...damn this conscience.
I like the 'Canadian Couch Potato' model. I'm personally in the VGRO set it and forget it method. With a move to VBAL once I get closer to retirement.
I'm always weary of individual stock picks, but will be picking up some BMO/TD soon as they're nice and safe bets I'd say.
Rbc has been my worst pick since I started picking for myself. Yes, it is safe and gives dividends but almost no growth during a time period where the rest of the portfolio is up more than 50%.
My worst investment ever (and the last time I had an advisor) was a mutual fund that was super heavily weighted with bre-x. What is he purpose of a fund if it is primarily one stock? Bleeping crook advisors. That was ~24 years ago.
Oof...I guess safe just means it's stable. Unfortunately I've no clue how to stock pick, and never learned outside of the basics.
Don't feel bad, most "investors" couldn't tell you what a P/E ratio is, much less tell you what those numbers are for each stock that they own.
The only ratio they know is what the stock price is divided by what it cost them: "I'm up 10% for the quarter!"
|
|
|
|
|