I started this blog at the beginning of May. I had the idea yesterday that maybe this blog was a mistake. Starting this blog, and deciding to invest my cash into the market over the past 6 weeks, has cost me a lot of money! I am down about 4% on my stocks and ETFs….
Today, I bought some more MFC, ZLB, and ZLU. I wanted to buy more NIO, but that stock bounced up today. Maybe now is not the time to go for the risky bets. Jim Cramer talked trash about Cathy Wood, which made me want to pick up some ARKK or ARKF just to bet on…
After a third big down day in a row, you have to believe that this is all for the best. Stocks need to get down to proper valuations. Companies need to focus on making money. Companies that can’t make money need to shut down so that new companies can be created. Every once and a…
It’s raining bad news again. The pace of bad news seems to be accelerating. The European Central Bank will end its asset purchase program as of July 1 (QE), and it’s expected to raise interest rates for the first time in 11 years Bank of Canada Governor warns the July interest rate hike might need…
I mentioned before that I had to sell a bunch of stocks to buy a house last year. I just found the transactions for that, and I want to compare the price I sold at to the current price “for fun”. How lucky did I get? Stock Price Sold Current Price Up or Down CIBC…
OK now that the market is open today, I was able to put some more of the idle cash to work. 6.5% of my idle cash was invested 50/50 in ZLB and ZLU. There is obviously still more to go. The cash pile went from 68% down to 61.5%.
One of my best investments during the pandemic was in a preferred share. If you don’t know them, preferred shares are equities that trade on the stock market but act more like bonds. The price fluctuates, they pay a higher than usual dividend, and the company might have the right to buy them back from…
This week I have a problem that most people would not consider a problem. OK, it’s not really a problem. But it’s a unique reality. Every month, as my clients pay me, cash is added to my business account. I don’t actually need that cash immediately to run the business. So the cash stocks up….
Man, the world really wants you to know there’s a recession coming. He actually said it was a “very, very high risk factor”. CNBC downplaying the risk factor there. lol A Look at My Portfolio I had a look at my stock selections again today, just to verify if I was comfortable holding these names…
I’ve been thinking, these last couple of days, about geopolitical events. Wars, oil, inflation, lockdowns, supply shocks, etc. Yes, interesting for sure. But why am I worrying about this? Well, I’ve been thinking of selling my stocks and trying to avoid another 10%-20% or more correction in the market. I’ve been thinking about market timing….
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