StevieWonder Posted November 15, 2017 Share Posted November 15, 2017 I don't think anyone here beat the no douchbag rule . Ok maybe puzzler ........ Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted November 15, 2017 Author Share Posted November 15, 2017 5 minutes ago, StevieWonder said: I don't think anyone here beat the no douchbag rule . Ok maybe puzzler ........ He likely invented it. Lol. Quote Link to comment Share on other sites More sharing options...
StevieWonder Posted November 15, 2017 Share Posted November 15, 2017 4 minutes ago, ArcticCrusher said: He likely invented it. Lol. He's the only non douche , i better call him Tell him his good bud Red is here . Hi Chris , how's the Burlington nightclub district doing ? Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted November 15, 2017 Author Share Posted November 15, 2017 7 minutes ago, StevieWonder said: He's the only non douche , i better call him Tell him his good bud Red is here . Hi Chris , how's the Burlington nightclub district doing ? Well he might want to bring up the bomber, you know the dead cat bounce from our resident junior financial acheliever when it was like 80 cents. Talk about missing the mark.lol. Quote Link to comment Share on other sites More sharing options...
Pete Z Posted November 15, 2017 Share Posted November 15, 2017 7 hours ago, ArcticCrusher said: Do you have an issue Pete? Not particularly. I just think that swinging your dick around and bragging about how much money you make is in extremely poor taste and bad karma to boot. Especially when it doesn't really count for shit in the grand scheme of things. 2 Quote Link to comment Share on other sites More sharing options...
The Rocket Posted November 15, 2017 Share Posted November 15, 2017 (edited) On 2017-11-14 at 11:29 PM, StevieWonder said: He's the only non douche , i better call him Tell him his good bud Red is here . Hi Chris , how's the Burlington nightclub district doing ? I’m good Stevie. But more time spent in arenas then the entertainment district. Sitting in one as I type. I saw the Puzzler calling out to me numerous times before I rejoined here. I kinda felt sad for him. On 2017-11-14 at 11:41 PM, ArcticCrusher said: Well he might want to bring up the bomber, you know the dead cat bounce from our resident junior financial acheliever when it was like 80 cents. Talk about missing the mark.lol. Awe yes - the Bomber. The company that was so strong that it needed a bailout from the government of a billion $ because it couldn’t afford to actually produce the C series. Then has to GIVE AWAY 50% of the C series to Airbus to make the project viable. Edited November 18, 2017 by The Rocket Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted November 15, 2017 Author Share Posted November 15, 2017 1 hour ago, Pete Z said: Not particularly. I just think that swinging your dick around and bragging about how much money you make is in extremely poor taste and bad karma to boot. Especially when it doesn't really count for shit in the grand scheme of things. You might want to sit this one out Pete. Oh and it does count, the difference between your investments working for you or you working for it is a big fucking deal. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted November 15, 2017 Author Share Posted November 15, 2017 1 hour ago, The Rocket said: I’m good Stevie. But more time spent in arenas then the entertainment district. Sitting in one as I type. I saw the Puzzler calling out to me numerous times before I rejoined here. I kinda felt sad for him. Awe yes - the Bomber. The company that was so strong that it needed a bailout from the government of a billion $ because it’s balance sheet was so shitty it couldn’t afford to actually produce the C series. Then has to GIVE AWAY 50% of the C series to Airbus to make the project viable. Such an awesome company. The markets are never wrong, you were big time. Not that I am surprised. The best advise I could give anyone is to do a complete 180 from you. 1 Quote Link to comment Share on other sites More sharing options...
The Rocket Posted November 15, 2017 Share Posted November 15, 2017 (edited) On 2017-11-15 at 7:57 AM, ArcticCrusher said: The markets are never wrong, you were big time. Not that I am surprised. The best advise I could give anyone is to do a complete 180 from you. More gold from you. “The markets are never wrong”. The markets are by their nature inefficient and often wrong. If it wasn’t bubbles and busts wouldn’t happen. Inefficient markets create opportunities Anyway you look at the Bomber it’s a company with negative cash flow. Without a $1 billion government bailout and then giving away 50% of its most value asset for FREE it couldn’t afford to produce it’s new plane. If that fits the criteria of your investing philosophy then fill your boots. But thinking it’s a buy because it went up isn’t Warren Buffetesque. Edited November 18, 2017 by The Rocket Quote Link to comment Share on other sites More sharing options...
02sled Posted November 15, 2017 Share Posted November 15, 2017 14 hours ago, ArcticCrusher said: I average 10 % , can you beat inflation. That is the only math I care about. What is the risk level you are running? I'm looking at a mix of low and medium and as of this morning overall since April I'm at 8.9% growth. For 7 months I figure the investment mix is performing pretty good. I keep telling the bank to go away when they want me to invest in GIC's - 1 year @ 2.3% but for a large amount they say they can likely get me another 1/2 point. Quote Link to comment Share on other sites More sharing options...
02sled Posted November 15, 2017 Share Posted November 15, 2017 14 hours ago, The Rocket said: You’d need to sign up but I doubt you’d make the minimum account requirements. Perhaps having minimum account requirements could be short sighted. I know a few people who have gone to an advisor and given them a small amount that they figure they can afford to risk saying, "Let's see what you can do with this." If the person does a good job then they transfer a much larger sum over. One example was someone who transferred $10K to see how that would do for 9 months. The subsequent transfer was in excess of $1M. Quote Link to comment Share on other sites More sharing options...
The Rocket Posted November 15, 2017 Share Posted November 15, 2017 (edited) On 2017-11-15 at 12:04 PM, 02sled said: Perhaps having minimum account requirements could be short sighted. I know a few people who have gone to an advisor and given them a small amount that they figure they can afford to risk saying, "Let's see what you can do with this." If the person does a good job then they transfer a much larger sum over. One example was someone who transferred $10K to see how that would do for 9 months. The subsequent transfer was in excess of $1M. Certainly there is that risk. A rookie is more likely to take an account that has the hope to turn into something. Edited November 18, 2017 by The Rocket Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted November 15, 2017 Author Share Posted November 15, 2017 6 hours ago, The Rocket said: More gold from you. “The markets are never wrong”. The markets are by their nature inefficient and often wrong. If it wasn’t bubbles and busts wouldn’t happen. Inefficient markets create opportunities Anyway you look at the Bomber it’s a company with a shitty balance sheet and negative cash flow. Without a $1 billion government bailout and then giving away 50% of its most value asset for FREE it couldn’t afford to produce it’s new plane. If that fits the criteria of your investing philosophy then fill your boots. But thinking it’s a buy because it went up isn’t Warren Buffetesque. Every one except apparently you knew the bomber was going to be bailed.I thought it was funny cause you missed the boat on it, but not surprising. Enough with stocks as I let the best managers do that for me. As for solid gold. How this, "you are taking way to much risk in the markets, mutual fund fees are to high, everyone is basically invested the same, I don't care what the market is doing" Sound familiar? Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted November 15, 2017 Author Share Posted November 15, 2017 5 hours ago, 02sled said: What is the risk level you are running? I'm looking at a mix of low and medium and as of this morning overall since April I'm at 8.9% growth. For 7 months I figure the investment mix is performing pretty good. I keep telling the bank to go away when they want me to invest in GIC's - 1 year @ 2.3% but for a large amount they say they can likely get me another 1/2 point. That is pretty good. I am mainly into equities with a larger weighting in Global, but do hold some balanced. Not a fan of Canada, but do hold larger positions Mawer and Edgepoint. I like the Can Focused ones better, ie Fidelity Can Growth and Special Sit. If you are not exposed to some risk, you will never make money and your plan should take you to 90 so you still have a long long way. Take a look at Mawer balanced if you want lower risk and decent returns, its MER is less than 1% and consistently delivers about 8%. Quote Link to comment Share on other sites More sharing options...
02sled Posted November 15, 2017 Share Posted November 15, 2017 43 minutes ago, ArcticCrusher said: That is pretty good. I am mainly into equities with a larger weighting in Global, but do hold some balanced. Not a fan of Canada, but do hold larger positions Mawer and Edgepoint. I like the Can Focused ones better, ie Fidelity Can Growth and Special Sit. If you are not exposed to some risk, you will never make money and your plan should take you to 90 so you still have a long long way. Take a look at Mawer balanced if you want lower risk and decent returns, its MER is less than 1% and consistently delivers about 8%. The agreement we just signed is at .079% Quote Link to comment Share on other sites More sharing options...
The Rocket Posted November 15, 2017 Share Posted November 15, 2017 16 minutes ago, 02sled said: The agreement we just signed is at .079% Agreement for what? Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted November 16, 2017 Author Share Posted November 16, 2017 18 minutes ago, 02sled said: The agreement we just signed is at .079% What agreement? Is that to purchase F-Class funds, 0.79% sounds more realistic. Quote Link to comment Share on other sites More sharing options...
StevieWonder Posted November 16, 2017 Share Posted November 16, 2017 Quote Link to comment Share on other sites More sharing options...
Stoney Posted November 16, 2017 Share Posted November 16, 2017 Ewww, that did not sound good! Quote Link to comment Share on other sites More sharing options...
02sled Posted November 17, 2017 Share Posted November 17, 2017 On 15/11/2017 at 6:59 PM, The Rocket said: Agreement for what? The MER Quote Link to comment Share on other sites More sharing options...
The Rocket Posted November 17, 2017 Share Posted November 17, 2017 12 minutes ago, 02sled said: The MER I suspect you moved the decimal place one to many to the left. Mix of funds and ETFs? Quote Link to comment Share on other sites More sharing options...
02sled Posted November 17, 2017 Share Posted November 17, 2017 41 minutes ago, The Rocket said: I suspect you moved the decimal place one to many to the left. Mix of funds and ETFs? Your right... breaking in fingers for a friend is my excuse. 0.79% Misplaced decimal typo Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted November 17, 2017 Author Share Posted November 17, 2017 4 hours ago, 02sled said: The MER Thats not the MER, its a fee. The MER is still there but lower usually by more than 1% but you need to check each case. Quote Link to comment Share on other sites More sharing options...
Puzzleboy Posted November 18, 2017 Share Posted November 18, 2017 Clearly, Red still gets his stock tips from the real money men in his office huddled around the water cooler..... .... as he's refilling the water cooler. Quote Link to comment Share on other sites More sharing options...
Puzzleboy Posted November 18, 2017 Share Posted November 18, 2017 From 80 cents to $3.10. If Chris had only listened to us, and advised his 3 clients to buy BBD.b...... they would have nearly quadrupled their money. And in recognition and praise of his foresight, Red would finally get cubicle walls taller than himself (at least the 3 footers). But seriously, what kind of "investment guy" thinks any company getting a cash injection, or partnering with a larger player, is a bad thing for shareholders/stock price? I doubt they let him alone with the paper coin wrappers in that bank.... Quote Link to comment Share on other sites More sharing options...
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