There are many ways to invest. The slow, sure and methodical way is one. One of my big long term holdings is in :
TC Energy Corporation (TRP.TO) 71.67
Another way is to do short term speculative holds, I bought some :
Journey Energy Inc. (JOY.TO) 4.41
Asante Gold Corporation (ASE.CN) 1.68
InPlay Oil Corp. (IPO.TO) 3.67
when prices dipped this week.
so many different ways to invest, which either a) dont understand or b) not comfortable with that method.
I invest in things that make sense to me(utilities, natural resources, etc). I dont understand most of the tech world so I stay out of that. Im a long term holding investor which is building a dividend portfolio for a long term nest egg of dividend pay outs as a source of retirement passive income. I do have some index in my rrsp.
I like and am very ok with slow consistent growth. I like the downswings which seems to be levelled out by dollar cost averaging stock purchases.
when I see the realized gains of posters on the board its makes me envious, nervous and concerned since we all do things so very different. if I cashed out and took gains as much as the posters on here I would owe quite a large tax bill. not a fan of the tax man.
I do enjoy reading all the posts of you guys though.