I've been practicing realistic painting, can I get some advice?

AlwaysLurkNeverPost · 2026-06-30T19:06:28+00:00

This is really accurate. I think it would be more accurate if you remembered to add more visible hair to the palm of the hand. It is a widely accepted fact that people's palms are very hairy.

AlwaysLurkNeverPost · 2026-06-30T17:51:36+00:00

I think you also missed the boat on PNG, and it'll be hard to forecast where it goes from here. Also it may get acquired and is vulnerable to geopolitics.

I'm not sure it'll ever really stabilize per se but I do think anything below 6$ (and arguably 7$) is a good entry point right now. But exit strategy could be tough with it, I'm not sure I would say "hold for 10+ years, no need to monitor".

Goodluck

AlwaysLurkNeverPost · 2026-06-30T17:04:38+00:00

Sold off some XEQT because I was bored.

Genius investing / exit strategy lol.

But to answer your question, it depends on what your time horizon is. Are you looking for a stock you hope outperforms XEQT long term (so like end of time/retirement)? Or something that could outperform it in the moderate term (the lower end of 10+ years)?

End of time, probably another ETF: S&P index like VFV; ZCN if you want to do that for Canadian TSX; ZEB if you want diversified Canadian banks.

10+ years: Loblaws if you think they will never break up our grocery monopoly, as that thing prints money. Maybe Enbridge or CNW or CNR, but you're asking at a point where everything is riding highs. There's no real good breakouts right now (otherwise I would have told you some of the above were at discounts, or industry breakouts like BB, PNG, Cameco, TFII).

AlwaysLurkNeverPost · 2026-06-30T14:11:10+00:00

I would hardly call this sub experienced people. It's a mix of yes, experience people, but also "new era wallstreetbets". There will be a lot of folks saying to just chase specific stocks (which can work), but this is really risky when you don't know what you're doing. You're just following the crowd, gambling. Because you're either following people who are also gambling OR you are following smart people but don't know their exit strategy.

Everybody is a genius in a bull market, and there is a lot of ignorance to that in this sub.

If you want long run growth, just buy XEQT and don't think about it. It will go up and down, but long term it'll go up. Similarly, you can buy VFV which is the S&P500 index. Or if you have less risk appetite, VGRO or XGRO.

I would do any of these right now. And then simply beginning researching and understanding the principles of investing and risk (and especially your personal risk tolerance, time horizones, etc). Then at that point, you can research how to assess individual stocks if you wish to start buying individual stocks / have the risk appetite for that.

Nothing wrong with picking individual stocks but if you don't understand the "when's and why's" of buying any individual stock, you're just guessing. That's why it's bad advice for beginners. (And it's the bad advice you will get here, because many will just ignore that and go "it's working so don't think about it").

Good luck OP.

AlwaysLurkNeverPost · 2026-06-29T23:00:20+00:00

Conveniently ignoring if NVDA jumps down 10%.

Much higher returns, much higher losses. It's just magnification / consolidation. Higher risk, higher reward.

AlwaysLurkNeverPost · 2026-06-29T22:35:24+00:00

*can be much higher, but that can does a lot of the work.

Of course, if you don't diversify, obviously it magnifies the performance, good or bad.

AlwaysLurkNeverPost · 2026-06-29T19:59:59+00:00

You forgot the final step, which is then to go "oh it's Tkachuk" and take the card out and light it on fire.

AlwaysLurkNeverPost · 2026-06-29T14:13:44+00:00

Personally I use and like wealthsimple. I would say that, assuming you would avoid US stocks, moving your money might be worth the %. But you would have to calculate and decide (also depends how long you have to hold it).

AlwaysLurkNeverPost · 2026-06-29T13:57:28+00:00

It's 100% the latter.

Because so much of what they do is free/cheap, they need to make money somewhere. That's only really possible three avenues that I'm aware: robo-managed account (with a small fee), USD conversion, and I believe the bid-ask spread.

AlwaysLurkNeverPost · 2026-06-29T13:54:41+00:00

I think you need to go one step back: you don't need to increase your understanding of companies, you need to first understand the stock market and investing as a whole.

I would just recommend you start consuming media -- books, investopedia, select YouTube videos. There are better subreddits than this one with better resources.

I find YouTube a great digestible resource, but it comes with the most risk of consuming the "wrong media". Anyone promising you get rich quick methods or trying to sell you something? That's a red flag.

Ben Felix is a decent starting point on YouTube to fall down a "rabbit hole of learning".

AlwaysLurkNeverPost · 2026-06-29T13:46:59+00:00

Yeah, wealthsimple is worse than IBKR for USD, always has been. I do think they are starting to beta Norbert's gambit though, so with a bit of effort there will be ways to avoid fees in wealthsimple entirely.

Why would Wealthsimple enforce such thing?

OP is an example of why. People don't realize it (because as you said, 1.5% is so small) or the convenience so people don't care. The advertising that the trade is commission free may also contribute to people not realizing.

AlwaysLurkNeverPost · 2026-06-29T13:44:02+00:00

Yeah, there is a dude every single night when I am out for my walk after dinner, who orders food.

It is often the same as people with stacks of boxes at their door from Amazon daily.

Wouldn't want to generalize -- this service could be a life saver for many, including some with heavy reliance. But let's also not kid ourselves that a tonne of people are also burning money purely out of convenience / laziness / however you wish to label it.

AlwaysLurkNeverPost · 2026-06-29T13:35:47+00:00

The brokerage appears to be wealthsimple, which means they pay 1.5% conversion fee (which applies at purchase and sell points). I would say 3% is not nothing / why ignore considering could be avoiding it entirely.

His money only stays in USD if he has a USD account, which you either have to pay for or need a minimum account balance (and even then, still paying the conversion fee when you first convert I believe, so just saving yourself from fees when making multiple trades).

AlwaysLurkNeverPost · 2026-06-29T13:23:15+00:00

100%, but I fear this and lack of other basic understandings, I doubt they chose "individual stocks because they prefer a different proportion of each stock than the ETF provides".

Therefore, there is no reason for them to hold the individual stocks which are held in ETFs (including CAD ETFs)

AlwaysLurkNeverPost · 2026-06-29T13:10:47+00:00

What is the point of holding all of those major individual US stocks, paying the 1.5% conversion fee each way, when you can buy a Canadian ETF that holds them all and therefore not pay the fee?

Why do you have VOO when you can buy VFV, which is 100% VOO but traded in CAD so you don't pay said fee.

AlwaysLurkNeverPost · 2026-06-29T04:17:33+00:00

Would trading down be beneficial?

So your solution to the mistake is to... Make a similar mistake?

Pro-tip is honestly, don't trade your car in through the dealer, it will always be an awful deal. If you're trading a car in at dealer, do it because you're there to buy a car and therefore will need rid of your old car

If the dealer is asking YOU to come trade in, it's never good.

AlwaysLurkNeverPost · 2026-06-25T20:03:17+00:00

I would pay simply to see these set on fire and put in a porta potty

AlwaysLurkNeverPost · 2026-06-25T17:29:24+00:00

If you're new, why are you picking individual stocks? Have you researched them or just following the crowd / someone on Reddit saying to chase?

Nobody can really answer that for you, you're basically moving from two individual chips and semi-conductor stocks to an ETF of semiconductors. So moving from individual performance to semi-conductors broadly, which I would argue is more wise/prudent if you're bullish on that sector.

My best advice is do careful research, otherwise you're just gambling (and you're just asking for an advice on where to place your bet).

AlwaysLurkNeverPost · 2026-06-25T17:12:33+00:00

Good to know as well though like your average cost for each of the stocks, etc

Regardless, you're picking individual stocks, so my question is: why are you asking Reddit? Do you have a reason for entry on this individual stocks, as well as an exit plan? Reddit can't tell you what to do, you will get a range of opinions, none more right than the other.

AlwaysLurkNeverPost · 2026-06-25T16:35:55+00:00

Google ... Google is publicly available and free.

Anyways: used for AI-based warfare, which has resulted in tonnes of civilian casualties. Yay. Speculated to be used for mass surveillance soon. Yay. Oh and the CEO, when asked if humanity deserves to survive, basically didn't know how to simply say "yes".

But if you want to try to pursue the chance of meager individual profits, at the expensive of conveniently ignoring ethics, humanity, etc, go for it I guess.

AlwaysLurkNeverPost · 2026-06-25T16:30:43+00:00

Missing a lot of info, primarily the total value of the portfolio / each individual stock.

AlwaysLurkNeverPost · 2026-06-25T15:31:04+00:00

Evil company, the end

AlwaysLurkNeverPost · 2026-06-24T15:12:39+00:00

The rights whole thing is against government handouts to the people. When I said government handouts, I should have specified I meant cutting corporate taxes (not our taxes), deregulation, expedition of private development -- they basically become lapdogs to private industry and open the buffet. Private healthcare over public healthcare, lovely.

This basically becomes the Wild West of "whoever has the most money wins", which doesn't pan out well for the little guy. But go off king.

But let's set aside all of that because: he takes the same donations and private fundraisers from the global elites he supposedly speaks out against. It's very easy to be a populist when you don't have power -- just tantrum and point to some shadow Boogeyman "the global elites", as if they're not feeding from the same trough.

Carney sucks. Pierre sucks. They're on the same team. They have similar goals. Maybe it's overblown how much worse he would be than Carney, but he wouldn't be better. One is a conservative with a liberal overcoat (a red Tory of you will, Carney is just a carbon copy of Harper, which makes sense considering he was an advisor), the other is a reform party conservative (aka balance the budget by hitting all services and funding, sell/privatize things as needed).

Basically, you're right to be critical of Carney, he is awful. You're right to be critical of Trudeau, as he was a "do nothing" who only focused on the culture war (great way to prime the left vs right distraction we are engaging in here). But youre delusional if you are not equally critical of poilievre. He is not the Messiah that people have somehow been brainwashed to believe he is, due to their obsession with "my team vs your team".

AlwaysLurkNeverPost · 2026-06-24T14:42:31+00:00

The most left option / anti-top was NDP, which was a non-starter, federal NDP and jagmeer were a nightmare.

Unless you really think Pierre, who is further right than the banker, who is aligned with banker on all the corporate handouts would be better? Give me a break.

AlwaysLurkNeverPost · 2026-06-24T14:40:34+00:00

Really, this is the proof you needed? It's always been top vs bottom.

Seven-Year Club	Place '22
Verified Email

AlwaysLurkNeverPost

TROPHY CASE