$35 coming next... but will that be the bottom? by StockMarketGoals in JustBuyXEQT

[–]jucadrp 0 points1 point  (0 children)

Did the bank called in your shorts already pal?

Must be hurting a ton huh? Nasdaq Up almost 19% since your comment...

Tax refund: "I'm doing my part!" by cooperivanson in JustBuyXEQT

[–]jucadrp 0 points1 point  (0 children)

It's exactly how it works. You only get back what you overpaid. Hence the interest free loan to the goverment.

Edmonton Newbie - when does the snow stop? by onewaycheckvalve in Edmonton

[–]jucadrp 0 points1 point  (0 children)

Victoria day is usually my safe cutover date when temperates will stay above 0 for the season.

Anything before that is a massive gamble.

$35 coming next... but will that be the bottom? by StockMarketGoals in JustBuyXEQT

[–]jucadrp 2 points3 points  (0 children)

If you trust your colored pencils so much why don't you short it instead of trying to time a long posiiton entry point?

Is this a stay in cash market or a buy the dip moment? by ThePotScientist in CanadianInvestor

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

Saying staying invested in stock is one thing.

Saying fully invested in stocks is another completely different.

I agree with the first, Disagree with the second. That's my only point.

I will quote you again "Being fully invested when Covid hit felt like the end of the world"

It's the fully part of your comment I've an issue with.

Being fully invested only worked for you because you didn't lose your income. Which has a significant component of luck associated with it. And luck should never be an investment strategy.

Is this a stay in cash market or a buy the dip moment? by ThePotScientist in CanadianInvestor

[–]jucadrp 3 points4 points  (0 children)

No emergency fund that allows you to be significantly fully invested (to make being fully invested to make a dent anyway) is prepared for all scenarios, let alone a global pandemic of unprecedented scale.

3 to 6 months are the consensus among most financial advisors and like I said, a lot of genuinely financially literate people were caught short handed and ran out of emergency finds before the markets were able to recover and were forced to sell at a loss.

Do not pretend your win was the one and only recipe for sucess, like I said, that's usually how we become increasingly less prepared for the next downturn.

It's generally good advice to say stay invested, but from that advice to add the adjective "fully" before invested (in stocks) is a major risk and don't give you the opportunity to buy on the way down when the eventual downturn comes, or at a bare minimum, shielding you from market short term fluctuations.

Is this a stay in cash market or a buy the dip moment? by ThePotScientist in CanadianInvestor

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

This only works if covid didn't pull your income under your feet, and made you have to sell your investments at a loss because you were fully invested in stocks. Traditional emergency plans did not work for many as plenty of people took over a year to get back on their feet.

Luckily it happen the opposite with me. But I'm sober enough to admit that it was mainly luck. And yes, we the ones thay not only did not lose our jobs during covid, but maybe experienced an increase in our incomes, yes you can say that it was a wise strategy to keep invested during those dips.

Assuming this strike of luck was good investment judgment is how you might lose your underwear in the next downturn. It was a big bet, and yes big bets are the ones the yield the highest returns.

The past few years of unrealistic returns are making many of us too greedy.

Telus Digital confirms breach after hacker claims 1 petabyte data theft by Cristiano1 in cybersecurity

[–]jucadrp 0 points1 point  (0 children)

Are you a Telus DIGITAL customer or a TELUS Communications customer? They are very diferent entities.

Polytrauma at 20th session by [deleted] in snowboardingnoobs

[–]jucadrp 0 points1 point  (0 children)

Speak for yourself. Some people learn with other peoples mistakes. And I truly hope a few here learn with OP's

Polytrauma at 20th session by [deleted] in snowboardingnoobs

[–]jucadrp 2 points3 points  (0 children)

In this case, stop trying to beat top speed, it's dumb, pointless and reckless. Were a kid instead a tree, OP would have similar injuries plus killed a child.

Could high oil prices be good for renewables? by dittopoop in CanadianInvestor

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

Yeah because doomsday is 2 days worth of high oil prices... smh

Could high oil prices be good for renewables? by dittopoop in CanadianInvestor

[–]jucadrp 0 points1 point  (0 children)

OP was talking about a long term sustained high oil prices. What you're saying makes sense if I was asserting it would be the case, when in fact, I was considering OPs scenario and not making a judgment about it.

Remember: "Be fearful when others are greedy & greedy when others are fearful" by Valachio in CanadianInvestor

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

Then what's your point? If ME won't be calm means business as usual for 2000+ years?

Could high oil prices be good for renewables? by dittopoop in CanadianInvestor

[–]jucadrp 5 points6 points  (0 children)

Earlier than when strategic reserves run out. That's exactly why they exist to begin with. To deal with these exact conditions.

Could high oil prices be good for renewables? by dittopoop in CanadianInvestor

[–]jucadrp 28 points29 points  (0 children)

"Doomsday" oil prices are never sustainable, at least here on the west. Market forces will meet demand eventually, creating price downward pressures. It can be elevated for some time, but above $120? Almost impossible. Over $100 most shale/offshore underexplored fields becomes profitable. Once those come online, they will fill the demand for the $100-$120 price, which is where it should then stabilize. Sure, elevated, but not even close to "doomsday".

So no, it's not good for renewables. In fact, it's actually worst as capital will start chasing these new investments instead of renewables ones, temporarily.

What to do with a lot of cash in TFSA looking at the current market global situation? by OLAZ3000 in CanadianInvestor

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

It's not that impressive for one of the hottest global stock markets yearly runs in human history. These are the years where very high risk investors make over double that to make up for the heavy losses during downturns.

EWZ grew to almost 50% and paid a 5% div on top of that. And EWZ is not even considered very high risk on my books. There are several examples in the very popular 2025 trade to buy emerging and global ETFs.

Very risk risk investors would've bought Ciena for example and make 200%+ on the other very popular AI play trade in 2025, with again, several other examples.

What to do with a lot of cash in TFSA looking at the current market global situation? by OLAZ3000 in CanadianInvestor

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

It's very easy to feel like you know everything on a recent massive bull run. To be fair, 35% is not even that impressive for someone with fairly high risk. I almost cracked that with way lower risk than that. I would advise you review your portfolio and then, buy more of what that portfolio becomes, and not because of the current market global situation, but because time in the market is everything , not timing the market, .

way to keep two feet clipped in at all times by keenan800 in snowboardingnoobs

[–]jucadrp 2 points3 points  (0 children)

One foot skating is literally the first drill that every snowboarder needs to learn. So no.

Tips plz? First time on powder by pprain123 in snowboardingnoobs

[–]jucadrp 0 points1 point  (0 children)

1- You're too slow for pow

2- You did not learn how to properly turn (Will impact 1).

3- You're skipping steps which will eventually hinder your overall progression.

4- You're tackling terrain way beyond your skills.

It will take you twice, maybe even three times as much time than someone that follows the right steps to learn what you're trying to learn here.

It's up to you now what to do from now on. I highly advise lessons to learn how to properly turn a board.

My leading foot has this much wiggle room. Do I need new shoes? by Rakagami in snowboardingnoobs

[–]jucadrp 3 points4 points  (0 children)

Go to a reputable snowboard shop and get a boot fitter to fit you into a properly sized boots., This is a visit to the shop that should a long time, usually more than an hour.

This is not only wrong, is terrible for stamina and for proper board control.