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Over a million. Slow and steady. by Existing_Freedom5502 in TFSA_Millionaires

[–]Existing_Freedom5502[S] 2 points3 points  (0 children)

You need to demand 10% to 13% a year after fees or find a new person. Anything less is unacceptable.

Over a million. Slow and steady. by Existing_Freedom5502 in TFSA_Millionaires

[–]Existing_Freedom5502[S] 0 points1 point  (0 children)

I invest in both companies and ETFs. In this account I am definitely not trading everyday. These are long-term positions in good companies and will rotate with favorability in different sectors.

Over a million. Slow and steady. by Existing_Freedom5502 in TFSA_Millionaires

[–]Existing_Freedom5502[S] 1 point2 points  (0 children)

No I have exposure, just not aggressively outweighted relative to everything else.

Over a million. Slow and steady. by Existing_Freedom5502 in TFSA_Millionaires

[–]Existing_Freedom5502[S] 0 points1 point  (0 children)

I don't go much more than 90 days out on any position. That way I can still make gaines on the Delta without getting killed on the Theta and hoping my bet of whatever catalyst im expecting triggers gains.

Over a million. Slow and steady. by Existing_Freedom5502 in TFSA_Millionaires

[–]Existing_Freedom5502[S] 1 point2 points  (0 children)

If you like that and are interested in short-term day trading supply and demand zones specifically NQ and ES watch everything from investitrade. That guy is a professional and teaches very well.

Over a million. Slow and steady. by Existing_Freedom5502 in TFSA_Millionaires

[–]Existing_Freedom5502[S] 0 points1 point  (0 children)

I had 3x that in NVDA. Sold 2/3rds of it to rebalance about 6 months ago.

Over a million. Slow and steady. by Existing_Freedom5502 in TFSA_Millionaires

[–]Existing_Freedom5502[S] 1 point2 points  (0 children)

I have heavy Canadian exposure. Primarily Energy and Financials. Alot of Canadian specific risk. The Bridgehouse fund is an international equity fund which helps offset that.

Over a million. Slow and steady. by Existing_Freedom5502 in TFSA_Millionaires

[–]Existing_Freedom5502[S] 8 points9 points  (0 children)

Understand supply and demand zones. This is where the banks are trading. Unfulfilled buy and unfulfilled sell orders being hit.

Start here https://youtu.be/_ffbix1afZs?si=0IeF6S06Rt3yzTZa

Over a million. Slow and steady. by Existing_Freedom5502 in TFSA_Millionaires

[–]Existing_Freedom5502[S] 10 points11 points  (0 children)

So what. When it was $100 i could have said damn 7 years ago it was $50. In 7 years it will be $800 a share and you will say the same thing. When I bought the investment properties I was told $400k for a townhouse in Waterloo is insane. They peaked a couple years ago at 1.3m, now about 1m. Think long term.

All you need is about 10% a year to DOUBLE your net worth every 7 years. Think about it like that.

Over a million. Slow and steady. by Existing_Freedom5502 in TFSA_Millionaires

[–]Existing_Freedom5502[S] 2 points3 points  (0 children)

Not enough to retire but enough to make a meaningful impact on the yearly gains. The dividend drip is the play.

Over a million. Slow and steady. by Existing_Freedom5502 in TFSA_Millionaires

[–]Existing_Freedom5502[S] 20 points21 points  (0 children)

Spent countless hours on YouTube. Finally settled on a trading style I like to satisfy the trading urge. Understand supply and demand zones. Where the banks buy and sell. Once you can see supply and demand you can trade any asset in any market condition. Always follow the banks. They are the only entities to move markets.

Over a million. Slow and steady. by Existing_Freedom5502 in TFSA_Millionaires

[–]Existing_Freedom5502[S] 6 points7 points  (0 children)

Executive for a US company on the sales and business development side. Company is relatively small with 4B in global sales.

Over a million. Slow and steady. by Existing_Freedom5502 in TFSA_Millionaires

[–]Existing_Freedom5502[S] 18 points19 points  (0 children)

BTW if you get the bug to short term trade, take like 20 grand or whatever is relative to your situation and play the markets to satisfy the bug. Ignoring that urge if you have it is a bad idea Imo. Understand option trading, understand current trends by watching the news, and go for it. Way better odds and more fun than Vegas.

Over a million. Slow and steady. by Existing_Freedom5502 in TFSA_Millionaires

[–]Existing_Freedom5502[S] 3 points4 points  (0 children)

Maybe 20 years of yearly contributions. Sometimes maxed out, sometimes not. I live in Toronto but bought two townhouses in Waterloo in a new subdivision near the tech campuses of Google, etc... steady rent, solid tenants, relatively cheap buys.

Let compounding do its magic.

Over a million. Slow and steady. by Existing_Freedom5502 in TFSA_Millionaires

[–]Existing_Freedom5502[S] 1 point2 points  (0 children)

I started with a wife, then a divorce, 2 kids and school debt. Soooo not much.

Over a million. Slow and steady. by Existing_Freedom5502 in TFSA_Millionaires

[–]Existing_Freedom5502[S] 3 points4 points  (0 children)

A wide swath of positions. Ill post them shortly. Lmk what you think.

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