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looks like dip is back on the menu boys
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# ¿ Apr 19, 2021 16:50 |
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# ¿ May 8, 2024 05:15 |
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lol if you aren't gorging on leverage and hurling it all at meme stonks
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# ¿ Apr 19, 2021 19:35 |
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i guess i can talk earnestly here without getting yelled at as much for being a class traitor capitalist i've been dca buying my way back into etfs because i liquidated like 2/3 of my portfolio in october to buy property and that didn't happen (lol ) i loving hate buying in at all time highs but i guess doing it over two months makes me want to puke less
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# ¿ Apr 19, 2021 20:03 |
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indigi posted:oof that sux. what are you buying xgro - it was like ~$22 cad when i liquidated, it's up to ~24.60 now. not the end of the world but at least i didn't FOMO my way into a lovely property. also taco bell b/c they sent me coupons and i can get a full day's worth of calories for $8 cad
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# ¿ Apr 20, 2021 01:03 |
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I R SMART LIKE ROCK posted:I've been following your adventure and I'm glad you didn't. there are going to be a lot of lemons sold during this panic thanks it's been a hell of a ride. i'm really glad my agent is an old friend of mine that i trust a lot. he steered me away from a few places that might have been disasters. he's got a good eye for cheap flips and unlike a lot of agents he steered me away from that garbage, or at least pointed out the flaws and red flags... like the one with a dehumidifier running in the basement in the middle of winter
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# ¿ Apr 20, 2021 01:41 |
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yep. I did own a home for three years. in the first six months the hot water tank failed and the main drain got invaded by tree roots all stuff I could afford to deal with but still shows how quickly things can happen. house rich but cash poor people don’t know what they’re getting into
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# ¿ Apr 20, 2021 12:40 |
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yep, with one caveat: americans have it better because they have fixed terms for the entire amortization of the mortgage; in canada we only generally fix up to 5 years at a time but interest rates will never go north of 5% again so who cares my problem is my choices are condo or rent and condos have more risk (imho) than a house generally does. at least with a house if someone's underfunding the maintenance it's you, the owner, and not a condo board that was hijacked by short term thinking investment owners who are keeping fees artificially low until they sell
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# ¿ Apr 20, 2021 15:08 |
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Mr Hootington posted:Anyone make money yet?
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# ¿ Apr 20, 2021 19:51 |
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do y'all not have RESP-like accounts like Canadians for saving for college? tax deferred and then taxed in the hands of the student who is most likely "earning" nothing when they withdraw it so much less tax
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# ¿ Apr 21, 2021 02:35 |
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drat futures are up. I shoulda did my weekly etf buy earlier this week
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# ¿ Apr 29, 2021 11:39 |
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indigi posted:details please Cold on a Cob posted:i guess i can talk earnestly here without getting yelled at as much for being a class traitor capitalist I just checked and I'm a week ahead of schedule anyway so I don't feel as bad about missing ~1% (not that I'm 100% in the S&P anyway, I buy xgro right now ).
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# ¿ Apr 29, 2021 14:49 |
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indigi posted:ooh what’s xgro, sounds sci fi it's extremely boring, mlmp: 16% canadian bonds 4% us bonds 20% canadian stocks 36% us stocks 20% international developed stocks 4% emerging market stocks
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# ¿ Apr 29, 2021 15:00 |
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# ¿ May 8, 2024 05:15 |
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the dip kept dipping so i yolo'd the rest in. i was like 80% invested now anyway vOv
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# ¿ Apr 29, 2021 17:03 |