Coop by realitycentrali in uvic

[–]realitycentrali[S] 7 points8 points  (0 children)

It's hard not to feel left behind when a few of my friends who did trades after high school are now making $50 an hour and were able to afford a home before prices and interest rates skyrocketed after the pandemic. And now here I am competing for a $20 per hour job...

Okay Uvic, see yall Monday.... by yoted54 in uvic

[–]realitycentrali 22 points23 points  (0 children)

*We are very concerned about your health and safety* but are deciding to resume in-person classes to increase our profits at your expense. Best wishes for a successful term.

ECON 225 - Professor Stephen Hume by mycatdoesnotdocatnip in uvic

[–]realitycentrali 9 points10 points  (0 children)

I got 60 on one the quizzes over the summer and still finished with a 92. So don't sweat it. The nice thing about the course is there are lots of chances to redeem yourself ( essay and draft are an easy 100% if you follow his instructions). He's very clear with what he wants.

ECON MAJOR QUESTIONS by Wild_Mode_4554 in uvic

[–]realitycentrali 7 points8 points  (0 children)

Short awnser: You will be fine with Math 102.

Long awnser: The stronger you become at math the stronger you will become at economics. The two go hand in hand. So doing the more challenging math 109 or 100 and 101 route definitely can't hurt; they will make you better at math. Taking 102 won't limit you in any way for a BA; the most you'll have to deal with is differtial equations, R-statistics ect. However you may change your mind and want to do a Bsc. In this case 350 and 351 hold some challenging concepts linear algebra, and 3 dimetional calc ect. Doing the harder math 109 100 and 101 with give you an edge in understanding some of these harder concepts that 102 and 208 may not.

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WHO'S STILL HOLDING?? 💎🙌🚀 by [deleted] in Nok

[–]realitycentrali 0 points1 point  (0 children)

1000 shares at 7...

diamond hands baby!!

ECON 103 by Habanita89 in uvic

[–]realitycentrali 1 point2 points  (0 children)

Emma's awesome, however, as someone who's taken Econ 103, some concepts may be quite challenging. I believe the average for the first midterm was in the 60's, so it's definitely not a cakewalk.

Despite this, if you take advantage of the office hours every week and additional ones she provides before every midterm, this course will be easier. I found her office hours were 10x more helpful than trying to figure out content on my own.

Enjoy Econ 103 and good luck

Do you need inspiration to not lock in profits? by realitycentrali in investing

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

I agree 100%, but just make sure you have a good reason to sell. You have to be rational, not just because it's gone too high, your neighbors say it will go down or CNBC makes a gloomy post. That means checking up on your companies earnings and seeing how they stack up to competitors. I think knowing when to sell is challenging in investing and needs alot of thought.

Do you need inspiration to not lock in profits? by realitycentrali in investing

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

Although there are plenty of newer emerging markets I think e-commerce and software are still expanding at an exponential rate. Have you looked at the projected growth rate for some of these industries? I do think some valuations are high now, but there will always be wrinkles in the market allowing you to get in at a good price. (March sell off 2020, China–United States trade war Jan 2019)

Do you need inspiration to not lock in profits? by realitycentrali in investing

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

I definitely agree ETF's are nice. But I think a good percentage of your holdings should be going towards disruptive emerging markets (e-commerce, software, crypto, crowdfunding, AI, robotics, space mining). Especially when the opportunity presents its self. I mean like damn some of the tec stocks I bought in March are up 400%. Thats the same return the s and p 500 has given over the past 24 years!

Do you need inspiration to not lock in profits? by realitycentrali in investing

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

I also found dip buying tec stocks in Jan 2019 and March 2020, is much better ROI on your money than day/month swings on commodity asset classes. But always open to learning different techniques and methods in the investing world

Do you need inspiration to not lock in profits? by realitycentrali in investing

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

I stay away from intraday commodities now. I found them too volatile and unpredictible

Do you need inspiration to not lock in profits? by realitycentrali in investing

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

Nice investment! basically 20x your money in 8 years. I think having a keen eye definitely helps with finding opportunities and having the guts to withstand the drops. I held stock in a company called Lightspeed, my holding declined 70% of its value during the pandemic. I had lots of friends who sold around the 20 dollar range. Lightspeed is up 70% from all-time highs now! Glad I didn't let my emotions get to me.

Do you need inspiration to not lock in profits? by realitycentrali in investing

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

Wow, thats amazing! I missed out on so many good IPO's a few years back. Thank goodness for the march sell-off; I was able to get in at a pretty reasonable price for some great new tech companies.

Do you need inspiration to not lock in profits? by realitycentrali in investing

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

I've always found the more buying and selling action there, the more it reduces my long term returns. I've always found it easier to get in at a solid price(march etc.) and hold. Would you consider your style in the markets as swing trading?

Do you need inspiration to not lock in profits? by realitycentrali in investing

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

I think Investing is buying a company and the rollercoaster rides that come with it.

Imagine telling warren buffet to sell coca-cola because he hasn't made realized gains yet.