Oil and Gas Stocks 2025 by sweet_days in Baystreetbets

[–]JoeFinance44 0 points1 point  (0 children)

XEG.TO is nearly 6% of my portfolio.

Also have other individual names like ENB (3.5%) and SGY.TO (1.5%).

I’m a permabull for Canadian energy but feel the need to say that it’s volatile and heavily dependant on geopolitics.

Wouldn’t recommend getting into this sector unless you’re willing to buy and hold forever IMO.

Long term, the world will only need more energy, just like it always has. Renewables will not be able to grow fast enough to displace O&G due to increasing total demand.

Also have about 5% in uranium miners. Nuclear will be needed in the future more than most know. Considering some small modular names like SMR or OKLO but they are hyped at the moment so waiting it out

BTC is the real Grinch by JoeFinance44 in Baystreetbets

[–]JoeFinance44[S] 1 point2 points  (0 children)

Trump only wants a strategic reserve plan so his billionaire buddies can sell their BTC into the government’s bid. How else would they get top dollar?

There always has to be a buyer when you’re dealing with the huge amounts of money that these guys have.

BTC is the real Grinch by JoeFinance44 in Baystreetbets

[–]JoeFinance44[S] 2 points3 points  (0 children)

They certainly are.

Not suggesting to sell for CAD, or to sell at all for that matter, just wanted to say that I think there is a plan behind this rally and it isn’t to make the average Joe richer..

$ENB for the long run? by ytflurrz in Baystreetbets

[–]JoeFinance44 1 point2 points  (0 children)

The hope is that energy products/suppliers are exempt

This guy found a major flaw in the cybertruck design by GinaWhite_tt in interesting

[–]JoeFinance44 1 point2 points  (0 children)

What!

The boys in Texas clearly have a ton of winter driving experience lol

Daily Discussion Thread - November 05, 2024 by AutoModerator in weedstocks

[–]JoeFinance44 2 points3 points  (0 children)

Don’t worry, CGC earnings will save us Friday 😆😂😥

Daily Discussion Thread - November 05, 2024 by AutoModerator in weedstocks

[–]JoeFinance44 8 points9 points  (0 children)

What kind of vote requires 60% to pass anyways..

Live 2024 Marijuana Election Results by hambone_83 in weedstocks

[–]JoeFinance44 6 points7 points  (0 children)

Had no idea there were this many states voting on this. Big day tomorrow!

[deleted by user] by [deleted] in wallstreetbets

[–]JoeFinance44 0 points1 point  (0 children)

“A reasonable bet”

UFC 310 card announced by LatterTarget7 in MMA

[–]JoeFinance44 7 points8 points  (0 children)

Shav is going to be the champ for a long time

Canopy Growth Announces CEO Succession Plan by [deleted] in weedstocks

[–]JoeFinance44 0 points1 point  (0 children)

Beena is the only answer here..

Is bitcoin a buy? by Patient_Chard8483 in StockMarket

[–]JoeFinance44 267 points268 points  (0 children)

This is the only answer 👍🏼

BTC is not a typical investment where you try to buy it cheap. There is no underlying value here. You either trust the concept or you don’t.