Recent content by EJ543

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    POTASH< Is it opportunity to buy again?>

    Might be a good time to short it, at least until the final decision is made. I will however do it with options to finance part of it.
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    Are we Cheaters?

    In other cultures, the number of women you have is a direct correlation to your wealth, if you can afford to keep 10 wives, 20 wives, whatever, all the power to you. It is the western societies who have gradually placed their moralities on the rest of the world and the concept of cheating.
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    If you had $500K ...

    Unfortunately, if you live in Toronto with its high cost of living, and just making Stats Canada median income its hard to make ends meet. Getting rich alway involves a certain amount of risks and it depends on your risk aversity. All the people who have not inherited the money and have so call...
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    How many SP's actually save money?

    Never go into business with friends or family. If you can, go it alone. Otherwise in most case your in for a world of hurt. If you must, alway have an agreement set up on how to disolve the business if it breaks up. Have everything in writing such as duties, contributions, distributions etc. etc.
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    How many SP's actually save money?

    The Income Tax Act trumps everything except solicitor client privilege, and you have to prove that is applicable.
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    Investment Newsletters

    I find that investment reports are only good for bring attention to stocks you are unaware of or never considered, other than that, its old news. For every buy recommendation there are sells. By the time you read the report its already baked into the price of the stock.
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    If you had $500K ...

    Looking at what you posted, you've made the first mistake of a novice trader, I would not even consider this option chain to trade. First of all the returns does not warrant the risk, two, there is a big difference between bid and ask, three, low volume means you can't cover unless you give the...
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    If you had $500K ...

    Good suggestion, once you have the theory, do one or two contracts and then see how they react in tandem with the stock price. Then it's a matter of picking the right stocks to play the option stream associated with it. Note however its not for the novice trader, however after a while it becomes...
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    Anyone a member of this club?

    I can see a group like this fraught with danger as there is certain to be conflicts of interest and insider trading problems. But its nothing but a formalized oldboy network where who you know is more important than what you know.. The rich gets richer and they would like to keep it for...
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    Bankruptcy Companies....

    I'm saying it might already be too late at this stage if the bank accounts are frozen. If CRA knows if you are receiving any money from any source they can redirect any funds from the third party to them. If they know where you are working and you receive employment income T4 or even T4A income...
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    If you had $500K ...

    That what I figured and its in line with what I mention above. ie make about 200,000 to 300,000 annually with 500,000 capital. Happy Trading to You.
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    Bankruptcy Companies....

    If they are taking you to court in 10 days that means that they already know about your bank accounts and could have frozen them already. They might already know what assets you already own if any, and liens are already in place. The court order might be only to permit seizure and sale. Don't...
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    If you had $500K ...

    Agreed, in stocks before, churned over a million and didn't make anything, started on options and have been doubling my money every year. As indicated above if your more conservative you could make 200000 to 300000 anually with half a million. BTW what took you so long, 8 years?
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    Karen Owen Fuck List?

    I quote "for jocks its a sport, for nerds, its a passion"
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