Stocks

[raginduck]

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You could put a bit in where I did a few weeks ago to try to beat the market with that portion. I'm down 3% on that position but I think it has a decent chance over the long-term.

do you mind sharing?

 

[mimico_polak]

I caught a dip in the S&P last week and just added more to an ETF (TPU).

Mimico…not sure what you have decided to do but my strategy is a few big names (Costco etc) and mostly S&P ETFs. I transfer a set amount every month into my TFSA and RRSP accounts and let it ride for a bit as cash and when things look unsettled I’ll put an offer in at a lower price on ETFs and let that offer ride for a week. Sometimes they get filled, sometimes they don’t. Rinse and repeat. I don’t have to manage things much at all and my S&P is up 30ish % over when I started doing this (admittedly only a few years). I have any dividends ploughed back in to stock buys.

I figure picking something obscure is really more gambling than anything else and I don’t want any part in that. Trying to spot trends is more of a guess for someone like me and I recognize that and don’t partake.

I am also a financial dumbass and have no idea what futures are etc. However, the advice I got was from a wealth advisor via a colleague in terms of reasonably safe investing.

my stragety has been to mainly put in $200-300/biweekly (just started recently) and dumping most of it into VGRO and some Enbridge / VET.TO / XQQ.TO...

Out of a mid-400k portfolio...VGRO is +92k, XQQ.TO is +13k, and I have a few small losers in there also.

Overall...a very conservative portfolio, but not the worst.

Once this 130k makes it's way to my QT account, I'll dump most of it into XQQ/VGRO, and some into smaller stocks that pay dividends which I can DRIP.

 

[GreyGhost]

do you mind sharing?

Stantec. Only a 1% buy. Stock price has been beaten up lately. Dividend yield sucks but payout ratio is really low so it could be drastically increased if they wanted to. I suspect it will stay low and they will keep using money for acquisitions.

 

[GreyGhost]

my stragety has been to mainly put in $200-300/biweekly (just started recently) and dumping most of it into VGRO and some Enbridge / VET.TO / XQQ.TO...

Out of a mid-400k portfolio...VGRO is +92k, XQQ.TO is +13k, and I have a few small losers in there also.

Overall...a very conservative portfolio, but not the worst.

Once this 130k makes it's way to my QT account, I'll dump most of it into XQQ/VGRO, and some into smaller stocks that pay dividends which I can DRIP.

Be careful with large cash infusions in the Q's. I still expect some of this AI froth to pop and all of the Q funds will have a brutal period after. I pulled a bunch of the kids RESP out of XQQ so they weren't so exposed if that happened.

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