So is this stocks thread only about quick money and fast gains, or is anyone gonna offer advise on longer term stock options with moderate risk?
What do you guys recommend for life insurance?
So is this stocks thread only about quick money and fast gains, or is anyone gonna offer advise on longer term stock options with moderate risk?
Vanguard index funds. Put 5-10% of your income in there and check back in twenty five years.
I meant medium term, but wrote long term. I'm talking 2-3 years.This is a good place to start. Not stock picking, but probably for the best.
Your complete guide to index investing | Canadian Couch Potato
Define long term, maybe we can provide some suggestions.
I meant medium term, but wrote long term. I'm talking 2-3 years.
I have mostly tech sector and some finance. I got into GOOG, AMZN, PYPL, MA, MSFT, V like 5 years ago and they've done super well. As you can see, it's very tech heavy so was looking to diversify a little more. I technically could add more risk since I'm fairly safe.Lion is a good bet (LEV on TSX or Nasdaq). A Desjardins analyst said this week he expects it go to 40$ USD by 2026 (it's currently below 20$ USD). I expect highs and lows as it will be correlated with Tesla due to the EV nature of the company, but lots of growth to be had.
You can take a look at airlines, or infrastructure companies/funds. But those are quite volatile (I believe you're not a big fan of that), especially the former, but they're probably good buys as they're rather cheaper than what they were a year + ago.
I expect travel to go through the roof, although mostly in-between rich countries at first as we're the ones vaccinated. Infrastructure, you get the boost from travel (airports, ports, etc.) and you can also regain with the Oil industry as it includes pipeline (also volatile). Over the long term, infra has less risk and than the stock market per unit of return, but that's maybe over 7-10 years.
Banks are probably pretty good bets. You can't go wrong with RBC, BMO, Scotia or TD. High dividends, pretty good returns. The stocks go with the economy though, so if there's a recession, expect a drawdown. Two financial companies that I like: Fairfax (deemed Canada's Berkshire Hathaway) and Brookfield.
If you're into video games, I'm really bullish on that sector, I suggest HERO or any other video game ETF.
You should have most of your money in boring index funds (Vanguard), but you should probably have a small portion as a fun portfolio (say 10%). It's a nice emotional valve and you can try out ideas with that.
Also, I wanted to mention that I'm not a noob when it comes to investing, I was just looking at some insights others might have, companies and sectors I may not have been considering. But everyone here seems to be talking high risk, quick money gambles.
I got into WEED early on when it was still CGC.I believe there's both on here, day traders and long term buy and hold people. I chat about the stuff I invest in for fun, but 90% of my investments is in boring stuff. I have sold out a position only once in my lifetime (Bonds in February), so I'm the polar opposite of a day-trader .
I got into WEED early on when it was still CGC.
I had bought it at like $4 and sold at $18. I'm a very conservative investor, so didn't have much in it. But man, I'm kicking myself for investing very little in that and then selling it early LOL!
It hasn't done much in a long while, but those early days were wild. It's probably the riskiest I've gotten.
I like tech stocks. Particularly the e-commerce portion. I invested in Shopify a few years back and have been handsomely rewarded. I'm hopeful that similar companies like lightspeed and nuvei (both Montreal companies btw) will see good long term returns. Their revenues are growing pretty aggressively.So is this stocks thread only about quick money and fast gains, or is anyone gonna offer advise on longer term stock options with moderate risk?
I meant medium term, but wrote long term. I'm talking 2-3 years.
Any of guys into the short squeeze going on with AMC
Yep I’m up around 100% already lolAny of guys into the short squeeze going on with AMC
I meant medium term, but wrote long term. I'm talking 2-3 years.
I meant medium term, but wrote long term. I'm talking 2-3 years.
I meant medium term, but wrote long term. I'm talking 2-3 years.
That's short term. If your timeline is 2-3 years, your focus should be on preservation, not appreciation. A simple high interest savings account is probably your best bet.
Investing in individual stocks with that kind of timeline is gambling (unless maybe you're a pro).