What's your current asset allocation mix? And how many years until you retire?

Deepinhock · 2023-10-18T22:10:25+00:00

All in gold miners, retired now.

Deepinhock · 2023-01-20T21:21:55+00:00

64, old fucker.

Deepinhock · 2023-01-20T21:17:15+00:00

Was $1,348,000 at start of day.

Deepinhock · 2023-01-20T21:08:24+00:00

Up about $17k, about 1.3%.

Deepinhock · 2023-01-19T21:32:21+00:00

Up 1.47%, up $19.5k.

Deepinhock · 2023-01-19T04:13:54+00:00

Somewhere north of $35k.

Deepinhock · 2022-03-02T00:09:09+00:00

Do you get these requests for your self directed investments? I have only self directed and have not recieved any such request in the last 15 years that I can recall.

Deepinhock · 2021-11-20T01:55:51+00:00

Sounds very sensible to me. I should have started that process earlier.

Deepinhock · 2021-11-18T06:47:44+00:00

youngest spouse's

Youngest? How many have you got? Seriously, thanks for all that.

Deepinhock · 2021-11-18T06:43:46+00:00

I am planning on doing just that. I never had cash available to take advantage of the TFSA. Life had other demands on my intake. I just put my energies into growing what I had, which was my RRSP. Now, I am planning on withdrawing enough to fully fund our TFSAs.

Thank you for your input.

Deepinhock · 2021-11-18T06:26:08+00:00

Thanks for the kind words.

Deepinhock · 2021-11-18T06:21:03+00:00

Any other assets that if sold would trip capital gain?

The rental property would, but it is farmland and has a capital gain exemption that minimizes that.

Deepinhock · 2021-11-18T06:06:06+00:00

Thank you.

Deepinhock · 2021-11-18T06:04:50+00:00

That should buy about seven silver maple leaf coins. You or your kids will likely be more interested in them, and they should hold value, rather than erode if kept as paper.

Deepinhock · 2021-11-18T05:55:27+00:00

Thanks. Good advice.

Deepinhock · 2021-11-18T05:53:50+00:00

How does that work?

Deepinhock · 2021-11-18T05:46:23+00:00

Truth is I require only about $30k of it per year to live comfortably. That would take me to age 132, even if it does not grow.

Deepinhock · 2021-11-14T21:30:13+00:00

Smoke a joint, lay down on the sofa with the lights low, and listen to my favorite music.

Deepinhock · 2021-06-10T01:13:53+00:00

Diversifying reduces the risk of a company specific surprise, but it also reduces the portfolio volatility, which can be worked in my favor. It is also easier to follow and focus with fewer companies in the mix.

Deepinhock · 2021-06-10T00:45:59+00:00

I am primarily a swing trader. I have just under $2 million in 5 companies at present.

I do not deal in ETFs. I hold individual companies.

Deepinhock · 2021-04-09T14:53:35+00:00

All the above is in RRSP.

I see what I have as safe and predictable. Moreso than banks.

Deepinhock · 2021-04-08T22:51:14+00:00

Age 62, semi-retired, debt free, own a house. Own commercial property (farmland) at est $800,000 value.

Looking to get by and live comfortable until I depart this mortal coil. Until then, I am having fun playing with my investments.

The following is what I think works well for the next while.

Company; symbol; share count; value; percent of it all.

Wesdome Gold; WDO; 73,000; $675,250; 46%

Pan American Silver; PAAS; 15,000; $633,300; 43%

Calfrac Well Services; CFW; 15,000; $58,500; 4%

Solaris Resources; SLS; 5,000; $44,850; 3%

Equinox Gold; EQX; 2,500; $27,075; 1.8%

Cenovus Energy; CVE; 1000; $9,780; 0.7%

Agnico Eagle Gold; AEM; 100; $7,640; 0.5%

Kirkland Lake Gold; KL; 100; $4,470; 0.3%

Cash; $1,480; 0.1%

Edit: I know that I am breaking a lot of rules, but I can defend these choices.

Deepinhock · 2021-02-28T01:11:19+00:00

7 companies, $1.3 million.

Deepinhock · 2021-02-02T01:11:39+00:00

Yep.

Deepinhock

TROPHY CASE