RE:RE:RE:Best and worst investment?TheCapitalist wrote: Marc24 wrote: Great question with not such an easy answer. From a pure share price increase, my best investment was buying Disney 15 years ago for under $20/share. It's a five bagger for me. I have also done very well with Fairfax Financial and Telus bought years ago. I have done very well with DREAM Office when distributions are considered so I will do very well when the unit price recovers plus I will continue to benefit from continued distributions into the future. I am very confident holding onto, and increasing, my position in DREAM.
As for worst decisions, speculative penny stocks such as ADE and TGX although I never threw much money at them.
The real answer on worst decision is NOT buying more of my winners earlier on. It's not the duds that I bought, it's what I didn't buy when I should have like more Fairfax when it's price collapsed to $60 or DREAM at $10 a few years ago. Had I capitalized on those missed opportunities, I would be a very wealthy man today.
Marc
Interesting. Congrats on the 5 bagger. That's a great investment. How long have you been investing for?
Thank you. I am mid forties in age. I started investing in mutual funds for my RRSP when I was 27 years old but I opened my first brokerage account (self directed RRSP) when I was thirty years old so around 2000. My earliest investments included Fairfax, Disney, Telus, Bombardier (dog), and Dundee REIT.
GLTA!
Marc