Exactly, I'm too fucking wound up to be an investor. What makes me a good entrepreneur doesn't make me a good investor. I need to find that 5% that knows what they are doing. I have no issue paying for the results. I have a big fat pile of cash just sitting there earning couple points right now, and that is stupid.
Has anyone done online trading?
- Thread starter Spacealien2
- Start date
You may be right. I only manage my own book and help a few friends. I honestly wish all G/L and as I mentioned it is a very tough business.
Beware of "money managers" who steal all your money.
http://www.cbc.ca/news/canada/montr...scheme-fraudster-gets-out-of-prison-1.2580221
http://www.fraud-magazine.com/article.aspx?id=4294974485
http://www.cbc.ca/news/canada/montr...scheme-fraudster-gets-out-of-prison-1.2580221
http://www.fraud-magazine.com/article.aspx?id=4294974485
So Lucky (I like your posts btw) let's call $VRX and $UNIS. My call? 1000 $VRX 15000 $UNIS. Your turn. 5 day outlook.
I know, I think this rally is a bear market rally. Look at Gold for crying out loud. It is up 20% already this year! Why the fuck would a useless metal be up 20%?? I think the central banks all over don't know what the fuck they are doing. I mean negative interest rates?!? I am 50% cash right now and have been selling into the rally. I only own large US and Can large caps with decent dividends and some tech that has been pounded down last year but still has potential like $AMD. I am thinking of getting into some natural gas because it has been slammed and I am hearing supply is going down.
You are not likely to come close to a market return over the long term speculating with options. Sorry I can't help you. If you want to become an investor on the other hand I'm happy to help.
Even with the pros, they have ups and downs. There are some stocks with lower returns but safer. Some safe stocks pay 4% dividends, better than any bank can give you.
You cannot get 10% annual return without taking CONSIDERABLE risk!! Let alone get 15% return.
Could you please post these stocks you claim are getting 15% annually??
Canadians love dividend and income producing investments. That makes these types of securities popular and they end up having high valuations.
If you need cash flow, it should not matter where it comes from - capital gains or dividends / interest income. Investors should focus instead on total returns.
There is a psychological bias involved here, people feel comforted by the dividend payment even if the price of the stock drops, they feel the ongoing income stream may "protect" them from having to sell the stock at a loss.
In reality most people will not have saved enough to generate the required cash flow needed in retirement from interest and dividend income.
One approach is a cash reserve covering 3 years of expenses and the rest invested in a globally diversified low cost portfolio of equities and bonds.
Some people think they will sell their Toronto house for $2million when they retire and move to the Maritimes and buy a house for $150,000.
There are some Canadian companies that will probably never go bankrupt. The "Big 5" banks, Bell, Rogers, Enbridge, etc. BTW: I think Torstar is now in the ICU.
I'll answer the question. Not because you are really interested in the answer. You will cause trouble just for the sake of causing trouble. I will even wait for the double talking retread cackler that talks out of the side of his mouth to join you and put in his 2 cents ( his investment fund ) Stay tuned for the answer when I get around to it. Maybe tomorrow.
Still waiting...............
I'll answer the question. Not because you are really interested in the answer. You will cause trouble just for the sake of causing trouble. I will even wait for the double talking retread cackler that talks out of the side of his mouth to join you and put in his 2 cents ( his investment fund ) Stay tuned for the answer when I get around to it. Maybe tomorrow
AK-47,
I told you you will have to wait. There is a double talking cackler that talks out of the side of his mouth hanging around. Cacklers annoy people to feel alive. They suck the energy out of you if you let them. Be patient, meanwhile watch a video and learn something. That way you will not get bamboozled next time you buy an AK-47. You will know if you are getting a real one or not.
I told you you will have to wait. There is a double talking cackler that talks out of the side of his mouth hanging around. Cacklers annoy people to feel alive. They suck the energy out of you if you let them. Be patient, meanwhile watch a video and learn something. That way you will not get bamboozled next time you buy an AK-47. You will know if you are getting a real one or not.
AK-47,
Here is your answer.
If you own Canadian bank stocks then you know you are getting an approx. 4% dividend annually, you can hold and take profits in the long term as indicated in the blue box in the pic. In this case it is a 39.70% gain. Or you can trade the stock and take smaller profits many times. The three examples are 13.19%, 16.49%, and 26.13% in the red boxes. With a portfolio of 5-10 stocks you buy low and sell high to take profits as the stocks pop. When trading a stock you only get the dividend if you sell before the ex-dividend date. Even with analyst opinions and Technical Indicators like Bollinger bands, MACD and EMA, you will never be able to exactly predict the exact time of highs and lows. If you are getting it right 50-75% of the time you are in the black.
So 10-15% gains annually is not impossible?
Here is your answer.
If you own Canadian bank stocks then you know you are getting an approx. 4% dividend annually, you can hold and take profits in the long term as indicated in the blue box in the pic. In this case it is a 39.70% gain. Or you can trade the stock and take smaller profits many times. The three examples are 13.19%, 16.49%, and 26.13% in the red boxes. With a portfolio of 5-10 stocks you buy low and sell high to take profits as the stocks pop. When trading a stock you only get the dividend if you sell before the ex-dividend date. Even with analyst opinions and Technical Indicators like Bollinger bands, MACD and EMA, you will never be able to exactly predict the exact time of highs and lows. If you are getting it right 50-75% of the time you are in the black.
So 10-15% gains annually is not impossible?
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http://seekingalpha.com/article/272...end-growth-portfolio-like-bank-of-nova-scotia
BNS is just one example. 9.4% annualized return from 2004-2014 despite a major recession in 2008. Just buy the stock and collect the dividends. No need to sit at your computer 24/7 trying to outguess the market.
BNS is just one example. 9.4% annualized return from 2004-2014 despite a major recession in 2008. Just buy the stock and collect the dividends. No need to sit at your computer 24/7 trying to outguess the market.
