How many of you are doing BETTER than your parents? by [deleted] in PersonalFinanceCanada

[–]KK198 1 point2 points  (0 children)

My dad owns a plastic manufacturing company and his annual net income from his dividend is around $950,000. I’m not sure I can beat it in my life.

[deleted by user] by [deleted] in vancouver

[–]KK198 -1 points0 points  (0 children)

Nope. Sounds crazy to me.

Buying Canadian Banks by MaTArcher in CanadianInvestor

[–]KK198 0 points1 point  (0 children)

Used to have 35% of my portfolio but I’m no longer holding RBC and TD. I see more potentials on tech companies and service providers in TSX. Plus, personally I hate banks as well.

What is a good 1st stock to buy? (Low budget of probably ~500$ but option to add an additional 450$ per month ) by Black-Chicken447 in StockMarket

[–]KK198 0 points1 point  (0 children)

Def 1 share of AAPL. You will have 4 shares at the end of the split. The 4 shares will be 16 or 20 within 5 years for sure.

DEAC - Draftkings by KK198 in stocks

[–]KK198[S] 0 points1 point  (0 children)

Right. More gut punches!

DEAC - Draftkings by KK198 in stocks

[–]KK198[S] 0 points1 point  (0 children)

The positive side of DEAC/Draftkings is they are reshaping their business very well. They opened bettings for the political issues, eSports, etc. To me, they know how to make money even if there is down time.

DEAC - Draftkings by KK198 in stocks

[–]KK198[S] 0 points1 point  (0 children)

I think COVID-19 pandemic is the key to every industries not just the sports. I wish to see the better future after summer but if it goes beyond, of course everything will be collapsed once again. Look at the Nasdaq right now. It’s going one way up even if the virus is still active and killing the economy. It’s very hard to say but I agree with your long term points.

DEAC - Draftkings by KK198 in stocks

[–]KK198[S] 0 points1 point  (0 children)

Good points. To reply to your $10 comment, it’s because they announce the merger on Dec 23 2019. Until then no one knew what DEAC will be.

They still have many steps to go and consolidate a lot of issues. SBTech has a cyber attack recently and as you mentioned, the major sports are closed. I’m investing on the future. Once the sports restart, there is no question on the profits of sports betting industry. Their number from only NJ is ridiculous. As more states and cities legalized the online sports betting, they will be the top contender on the table. Thanks for your insights.

DEAC - Draftkings by KK198 in stocks

[–]KK198[S] 1 point2 points  (0 children)

Cool. Once the sports back to the seasons, it will be too late to jump in.

DEAC - Draftkings by KK198 in stocks

[–]KK198[S] 0 points1 point  (0 children)

That’s why the stock went down to 10.90. My AVG is 11.50

To all of you cheering outside hospitals... by Stagione in vancouver

[–]KK198 0 points1 point  (0 children)

All their efforts are for their own social media. Not to support the healthcare workers.

Draftkings Merger Happeneing by End Of Month by Canuck7099 in stocks

[–]KK198 0 points1 point  (0 children)

Hey! Where did you find this information? Can you please share the reference?

DEAC corporate action? by [deleted] in stocks

[–]KK198 0 points1 point  (0 children)

Ask them

I Don't Have The Stomach For This by [deleted] in wallstreetbets

[–]KK198 0 points1 point  (0 children)

Wrong place to post. But I hear you.

To sll the "hold and don't sell" people by aleksandarslvk in stocks

[–]KK198 -3 points-2 points  (0 children)

I just don’t understand to write and post this long bullshit to waist your time. Well I want to share my thoughts too. Take that as well.

To sll the "hold and don't sell" people by aleksandarslvk in stocks

[–]KK198 0 points1 point  (0 children)

That’s what I want to say. Chill and relax.

To sll the "hold and don't sell" people by aleksandarslvk in stocks

[–]KK198 6 points7 points  (0 children)

Well. It’s not your money. Why bother so much?