Investment ... stocks to buy?

5Lgreenback

Active VIP Member
Joined
Apr 27, 2011
Messages
1,223
Reaction score
3,720
Location
BC
What a dumb bastard. I'll say it again louder for those in the back: single stock picking is gambling.
Yeah but is buying the popular ETF’s giving our money to Vanguard/ Blackrock aka tools of our own enslavement?
 

ABMax24

Active VIP Member
Joined
Sep 10, 2013
Messages
4,911
Reaction score
14,243
Location
Grande Prairie, Alberta, Canada
Yeah but is buying the popular ETF’s giving our money to Vanguard/ Blackrock aka tools of our own enslavement?

Tons of ETF's out there that aren't Blackrock or Vanguard if that's your angle.

Lots of places to put your money though; precious metals, crypto, individual stocks, bonds, real-estate, etc. Keeping it in a bank account or in your mattress probably aren't wise options.
 

5Lgreenback

Active VIP Member
Joined
Apr 27, 2011
Messages
1,223
Reaction score
3,720
Location
BC
Tons of ETF's out there that aren't Blackrock or Vanguard if that's your angle.

Lots of places to put your money though; precious metals, crypto, individual stocks, bonds, real-estate, etc. Keeping it in a bank account or in your mattress probably aren't wise options.
It doesn't make for the most comfortable mattress either.
 

Bnorth

Active VIP Member
Joined
Dec 18, 2010
Messages
10,845
Reaction score
21,061
Location
Salmon Arm
Yeah but is buying the popular ETF’s giving our money to Vanguard/ Blackrock aka tools of our own enslavement?
There are a lot of things around us happening that we cannot control. If we are getting gamed you may as well get rich while it happens. As said above there are a lot of ways to invest but to be diversified the stock markets need to be one of those tools.
 

j335

Active VIP Member
Joined
Jan 3, 2007
Messages
1,874
Reaction score
1,821
Location
AB
Yeah but is buying the popular ETF’s giving our money to Vanguard/ Blackrock aka tools of our own enslavement?

If a 0.2% fee ETF isn’t your thing go to your bank and pay them 1.5 to 2.5% fee for the same returns… They are all praying on your money.

As others mentioned there’s tons of ETF’s out there. Do whatever you are comfortable with. BMO has some good ones.
 

5Lgreenback

Active VIP Member
Joined
Apr 27, 2011
Messages
1,223
Reaction score
3,720
Location
BC
If a 0.2% fee ETF isn’t your thing go to your bank and pay them 1.5 to 2.5% fee for the same returns… They are all praying on your money.

As others mentioned there’s tons of ETF’s out there. Do whatever you are comfortable with. BMO has some good ones.
Ive been doing ETF's for the past 10 years or so.
 

ABMax24

Active VIP Member
Joined
Sep 10, 2013
Messages
4,911
Reaction score
14,243
Location
Grande Prairie, Alberta, Canada
what the other side of that, shorting ?

Essentially. HGD is what I'm in, it's a leveraged inverse ETF that tracks Canadian Gold Miners. Basically I turn a profit when gold miners shares drop.

I don't intend to hold for much longer though. Long term I think you're right and both precious metals and their respective miners will increase in value.
 

bjd68

Active VIP Member
Joined
Jul 13, 2011
Messages
652
Reaction score
932
Location
Abbotsford B.C.
Essentially. HGD is what I'm in, it's a leveraged inverse ETF that tracks Canadian Gold Miners. Basically I turn a profit when gold miners shares drop.

I don't intend to hold for much longer though. Long term I think you're right and both precious metals and their respective miners will increase in value.
ok yes, so your doing some short term trading. I dont really play in that camp
 

jhurkot

Active VIP Member
Joined
Nov 2, 2008
Messages
4,338
Reaction score
17,575
Location
Monarch, AB
8d10c6a9ce31fe5aef561272c3f983af.png



Sent from my iPhone using Tapatalk
 
Top Bottom