Congrats on the gains, Fummins! Very smart move not getting greedy! In and out, smash and grab, ftw!
For anyone like me who isn't able to jump in on the fun, it seems Popeyes is giving out some free tendies in honor of the wallstreetbets retards. Those alone will more than triple the size of my portfolio!
I finally did okay with my CN stocks earlier this morning! I bought a bunch earlier this year at $138, then they dropped to $129. I sold at $155. I planned to use the money this month anyways so that was good timing.
Edit: I forgot to add this
Attachment 21947
Last edited by Fummins; 09-03-2021 at 05:57 PM.
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View my fuel log 2014 Mirage SE wussie cvt edition. 1.2 automatic: 37.7 mpg (US) ... 16.0 km/L ... 6.2 L/100 km ... 45.3 mpg (Imp)
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View my fuel log 2014 Mirage SE wussie cvt edition. 1.2 automatic: 37.7 mpg (US) ... 16.0 km/L ... 6.2 L/100 km ... 45.3 mpg (Imp)
The old saying is: that you should never try to time the stock market, investment is best served long-term.
CN would be an old "blue chip" stock; i.e, safe to put your money in, and a good bet for growth. Same with banks like RBC, etc.
I have tried, and failed, to buy and sell at the proper time... more than once. I have also seen huge 20+% gains in my funds almost overnight. I have never had the big bucks to really start raking in the free money.
Land and real estate, and even currency exchange are other ways to make money, however I do some regular-style investments. May as well, if you get a decade of high inflation, then your cash savings lose value too. But currency can itself grow and contract as well. So yea
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View my fuel log 2014 Mirage ES 1.2 manual: 42.2 mpg (US) ... 17.9 km/L ... 5.6 L/100 km ... 50.7 mpg (Imp)
Yeah, I would have preferred to not sell but I planned to flog them this month and they were at an all time high. I didn't want to get greedy. I already had plans back in February to use the cash to buy a hoist(which still hasn't been shipped) and beer lol
No more buying crap I don't need for a while. Other than maybe a semi...
Somewhat off topic but kinda investment related....I found this honestdoor.com site a while back when house shopping. Depending on the area, you can sometimes find tax assessments, what the house last sold for and what they "value" it at. They claim my house went up almost $50k from what I paid 3 years ago. It shows my previous cheap house still being cheap and didn't change much.
I use that site to compare my sibling and parents' house values lol.
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View my fuel log 2014 Mirage SE wussie cvt edition. 1.2 automatic: 37.7 mpg (US) ... 16.0 km/L ... 6.2 L/100 km ... 45.3 mpg (Imp)
That website is saying my house is worth over 450k, and then the house behind me, is worth 300k.
Mine is a 1910 wooden bungalow, and behind me is a 1975 era brick ranch. So that doesn't make sense. I wouldn't take too much to those numbers. However, my house is worth a lot more than what the tax assessment has it valued at. So it's confusing these days.
My house is worth WAY less than my neighbours. Still, lots of people are paying over price, and no-questions asked, no inspections purchases.
For real estate, I go by the motto: buy the cheapest house, on the nicest street you can afford.
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View my fuel log 2014 Mirage ES 1.2 manual: 42.2 mpg (US) ... 17.9 km/L ... 5.6 L/100 km ... 50.7 mpg (Imp)
It's relatively accurate out this way. At least the ones that I've looked at. Places in the boonies might not be so much.
One house on my street is listed right meow for 425, honestdoor says it's worth 419. It'll probably sell close to that unless it's a
grow-op or meth lab.
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View my fuel log 2014 Mirage SE wussie cvt edition. 1.2 automatic: 37.7 mpg (US) ... 16.0 km/L ... 6.2 L/100 km ... 45.3 mpg (Imp)