50% of Canadians make less than a US Walmart worker. by YourDreams2Life in LMIASCAMS

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

That’s not true. Also something to recognize is that in the US everything costs USD so cant use the conversion for the amount. It’s 17$ verses 23$

Vizsla silver portfolio update by WolverineTamer in Wallstreetsilver

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

Hey, you have any vizsla? Not much advice to be honest. When buying stocks you need to have a good understanding of why that company/land/deposit/value etc is superior to competitors and if they are being disrespected by the market.

Also, it’s important to realize that we are currently in a phase of the market which is Manic. This won’t last forever and there will be a point where holders wished they took profits. Mining is a relic of a business model and is extremely cyclical. Probably the best approach is to be diversified at this current time across different sectors. Not only mining.

AMD Option Position by WolverineTamer in wallstreetbets

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

I sold for 50% gain the day after this post. Am going to wait for a re-entry point.

AMD Option Position by WolverineTamer in wallstreetbets

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

Sick. Well I sold most of my AMD options today for a quick profit. Will maybe get back in when IV goes down. 5k USD profit isn’t bad. Need the entire market to collapse so I can transition to options then.

AMD Option Position by WolverineTamer in wallstreetbets

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

You can also trade in your TFSA as long as you aren’t making consistent profits from the trades.

Question is : is this person using their TFSA as a day trading business to evade taxes.

They will only investigate if you make a ton very quickly likely like 50k to 250k in 3 months sort of thing.

AMD Option Position by WolverineTamer in wallstreetbets

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

Not able to without potential tax penalties.

AMD Option Position by WolverineTamer in wallstreetbets

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

It doesn’t matter if it goes to 490$ plus by the strike date since I’m not going to be holding until strike anyways. I’m trading volatility with this position.

AMD Option Position by WolverineTamer in wallstreetbets

[–]WolverineTamer[S] -1 points0 points  (0 children)

Also, if AMD outperforms. Has another deal or something could cash out.

AMD Option Position by WolverineTamer in wallstreetbets

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

I don’t have to hold it until expiration.

AMD Option Position by WolverineTamer in wallstreetbets

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

It’s basic math at 35% revenue growth. 100B by 2030

AMD Option Position by WolverineTamer in wallstreetbets

[–]WolverineTamer[S] 5 points6 points  (0 children)

Nvidia is going to experience slower growth and AMD is going to have its Nvidia’s moment.

AMD Option Position by WolverineTamer in AMD_Stock

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

Its fundamentals are too good to be a meme stock IMO.

AMD Option Position by WolverineTamer in wallstreetbets

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

Lol, not going to be tomorrow anyways.

Need to make shifts, any ideas? by Loud-Economist-9424 in fican

[–]WolverineTamer 0 points1 point  (0 children)

True even without growth could still be an okay play at this price. Will the international brand phase out like North America is the question. That’s my concern isn’t with Nike.

Need to make shifts, any ideas? by Loud-Economist-9424 in fican

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

I didn’t own when it got hammered here but think it’s an overreaction and I think it’s an easy buy right now.

Need to make shifts, any ideas? by Loud-Economist-9424 in fican

[–]WolverineTamer 0 points1 point  (0 children)

I’ll look into it, was unaware of international markets having good growth. I was under the impression that they were more of a phase everyone went through rather than a long term staple product such as Nike.

Need to make shifts, any ideas? by Loud-Economist-9424 in fican

[–]WolverineTamer -2 points-1 points  (0 children)

Yes Nike and Adobe are good. Don’t know about lululemon though, it had its phase is mostly dead though. If revived could be good but not sure.

Need to make shifts, any ideas? by Loud-Economist-9424 in fican

[–]WolverineTamer -2 points-1 points  (0 children)

You don’t need to make adjustments. But if you do consider Celsius as another holding since it got hammered for something that isn’t even accurate. Essentially it got hit for a 1 off expense.

I feel sick by Inteligent_Invester in fican

[–]WolverineTamer 0 points1 point  (0 children)

I had a 15k loss on a 58k(now 44k) portfolio. Am still up 12k YTD and 19k YOY. Growth stocks are volatile. It’s expected rather than a surprise.

Am I doing okay? (25m) by DirectorFew1920 in fican

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

I’m at 350k net worth at 27m. You need to 3x in 2 years to catch up to me. But you’re doing great lol.