Market Analysis August 8th , 2019

Market Analysis August 8th , 2019

Current Holdings [ Thoughts on my holdings ]:

  • I am going to redo my nephews RRESP investment today . 25 percent into ENB , 25 percent into FB , 25 percent into Vanguard EM ETF and 25 percent into Americas Silver .
  • Enbridge mainly for the dividend yield , FB for its tech talent and its ownership of Instagram and foray into crypto market, Vanguard EM ETF for exposure to emerging markets and American Silver for the exposure to commodities.
  • I been forever obsessed with day trading and in the past have lost money chasing profits and holdings positions that have moved against me for too long ! However I decided to try this again .
  • Made a trade earlier this week and made $247 . The trade was ENB !

BNN Recap :

  • Watched Jaime Carrasco’s Top Picks on BNN . He had some commodity stock picks that caught my attention. Specifically American Silver . I plan to acquire positions on it in an RESP and RRSP . See below for his other picks .

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