Toronto Escorts

"sell everything!!!"

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Insidious Von

Insidious Von

My head is my home
Sep 12, 2007
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Ceiling Cat said:
I have taken horrendous losses on paper. My oil and gas stocks ( WHITECAP RESOURCES, VERMILION ENERGY ) took a dive. To sell now is to lose my shirt. Is it not better to sell later as the stock rises. It is better to take a 20% loss than a 80% loss. At bargain basement prices I could buy now and sell all my stock later
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I just put part of my portfolio into a two year GIC, it's not much but its better than losing my underwear. Don't want to feel a draft like Foghorn Leghorn.

I'm attempting to build my cash reserve but the interest rate has been cut for the fourth time this month - MINGIA!::behindsofa:
 
D

Darts

Well-known member
Jan 15, 2017
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I think the market will test its low again and then stabilize for a bit before resuming an uptrend. I tried to buy some CM at $71 but I think my broker's online and telephone resources are overloaded. So, I went in person to his office and the doors were locked.

Caveat: This advise/suggestion/musing are worth what you paid for it. Take it at your own risk.
 
Insidious Von

Insidious Von

My head is my home
Sep 12, 2007
38,283
6,534
113
Darts said:
Make sure the GIC is CDIC guaranteed. There is downside to a GIC (the issuer could go belly up) but no upside.
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I made a rare visit to my home branch to get it done, I run my trading through TD Direct.
 
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Darts

Well-known member
Jan 15, 2017
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Insidious Von said:
I made a rare visit to my home branch to get it done, I run my trading through TD Direct.
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When I was downtown last week, I thought I would drop in to the big TD main branch. The first two doors I tried were locked. The 3rd door opened and a young lady just inside asked me some routine questions before allowing me inside.

I told a guy at a desk that I couldn't get through on the phone to the TD Direct store in the concourse level. He said the store is closed. I said "so that's it". He replied "yes, that is it".
 
C

Ceiling Cat

Well-known member
Feb 25, 2009
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No problem @ Scotia iTRADE
 
A

angrymime666

Well-known member
May 8, 2008
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Im continuing to dollar cost average over the next year. I picked up some companies at the beginning of the downward spiral in march. I will be making more stock purchases of enb, bce and td depending on which is the best value. I thought about investing in my reits but with the commercial and residential markets(more than likely everyone will be defaulting on rent payments) its to much risk at this time. people would rather have then internet/phone paid for then pay rent.

Im still on the fence about picking up some su for long term.
 
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