Roper Technologies ( ROP.N ) – Currently at 276 and change. It is a parent company of 40 Micro company. Didn’t catch my interest – so staying away for now. Softbank (9984.TYO) – Owns 28% of Alibaba owns shares in many other leading companies. Considered one of the best venture fund on the planet by a lot of smart companies. Currently at $40.43 . 16 Buys , 2 Holds and no Sell. This company definitely captured my interest. I will…
From yesterday’s Top Pick Show with Hap Sneddon . His picks: 1. XBM-T – Base Metal Ishares tracking S &P snd TSX. Hap has a personal stake in it . This is a short term (3 month ) base metal play . 2. Shopify ( shop.to) – At recent highs for the stock . I normally don’t like to buy stocks at its height , but that can mean I miss run ups . Hap has personal stake in it…
I think it is time for some long term picks. My current picks for long term have been held for over 6 months and it maybe time to divest some of the picks and buy some new stocks. You have to take profit periodically otherwise you may lose the gains in a market correction. I watch BNN regularly and I am a fan of the Top Picks segment. Elliott Fishman of Scotia Wealth reviewed his past picks as part of Feb…
I made a short term buy earlier today of KAT.TO at $1.68. You can find my post about buying here. The markets were on my side today – The price ran up 8% after I bought the stock. I sold at $1.74 for a 3.6% return. I could have gotten a higher return if I had held it for longer, however I was happy with my 3.5 % gain and went with the sell. These are the perfect kind of…
Ever since I was a kid all I wanted to be is Rich. Rich for me is having enough financial assets so I don’t have to work and I don’t have to manage every dollar in order to do so. I had the same goal when I graduated University. I have had some good jobs where I make decent money – and I have made some money in investments . Nothing to retire from. When I initially started out –…
I had purchased Alimentation Couche-Tard [ ATD.B] for a short term trade on Jan . 19th . This was one of my short term holds. My strategy for this year for one of my TFSA is to do short term trading. I define short term as a maximum holding period of one month. After one month – I have to sell regardless of the loss percentage. This limit on the holding period is to force myself to be disciplined and to…
I started with using Coinbase for my initial purchase into the cryptocurrency world ! I liked Coinbase because it allowed you to fund your account with credit card ! Fast and simple . Wasn’t a fan of their maximum limit for new customers ( $100 weekly initial limit ) . It increases with additional verification and over time. If you are based out of Canada you can buy/fund your account but you can’t sell and settle into Canadian dollars ! …
I am based out of Canada and we only have two options to check our credit score – either TransUnion or Equifax . Periodically, I like to check my credit score. Both sites from their main page offer you to sign up for a monthly monitoring service . There is no visible option for a one time check. I am sure this is what most people are looking for. The only reason I can think of for not offering a…
Today is Snapchat’s 3rd quarter earning report . I have held snapchat since June of 2017 ! My thought process when I bought the stock. I bought it as a short term speculative play and got caught in its downward spiral ! I shared my lessons learned from this trade . I bought the stock as a short term play – however by following the stock I came to appreciate the company’s ability to innovate and release new/unique features . From personal experience…
A friend of mine reached out to me recently with some questions about getting a financial advisor in Canada. He had some very specific questions : How do you know if a financial advisor is any good ? A large percentage of financial advisors are sales people and are paid depending on what they are able to sell you. Two questions you always need to ask. How are they paid ? Are they paid by the products they are recommending…