Bombardier Inc. T.BBD.A

Markets are a risky place to be........

[Acuras1]

I have owned / managed money / stocks for 4 decades + and when I read frustrated posts about how market makers are "stealing" retail client's shares, I can't help but to laugh.

Look, I'm not looking to laugh at others miseries but lets get real. It's never been "easy" to make money. It also requires something a lot of people don't seem to have much of today: patience.

I suspect much of the frustrations arise from trying to trade around (to outsmart) professionals who do nothing but trade either for their own accounts at brokerage firms and also their own pockets.

I've long watched smart people trade in and out of the market way too often only to end up with poorer returns than old farts who trade around specific $ points and just held mostly a well diversified 15-20 company portfolio of real COMPANIES and knowing more about the companies than just the stock symbols.

You hear often: buy and hold doesn't work anymore. There's way too much information available to investors today, most of it useless but, not all. Keep it simple......

GLTA

[Form001]

You're right and not, when the SPX index is overvalued like a year ago, stay on the sidelines.

[clubhouse19]

Sure there are those that practice what you state and continue to do so but certainly it is a waning practice. But can you say that money managers or portfolio  that you say hold a diversified portfolio of 15 20 true companies have Bombardier in that mix ??   I certainly do not think so.  And can you explain  why Bombardier, still now is short traded close to 30 % of its

[Acuras1]

Club, I've owned Bombardier shares for decades, and yes still make show excellent returns despite the company being a dog (mostly because of managements grand ideas). I don't know why exactly but never beleived the company would go under (dual share structure did not hurt). I'm always looking for mispriced companies. Refreshing to see Martel handle himself. GLTA

[clubhouse19]

Acuras   I also thought as you as I first got into it when the Quebec stock savings plan came into existance and have made mostly along the way. Of course they made bad decisions especially mostly by naivity IMO not considering what they would be getting themselves into when trying to move into other  behometh companies' turf .  The market and trading is no where near what it

[Acuras1]

I'll agree that it's been somewhat a strech to refer to Bompardier of late as an "investment". Something I forgot and will add here is that when Bombardier shares went under a dollar in 2017, I said to a collegue that I considered the common shares a "long term option" on the company's survival. I did add more along the way and sell a few shares here and there KISS

[MyNameIsNobody]

Everyone has his or her own style of investment and all types do work... if you're really good but mostly either lucky or patient. I'm not going to pretend I know more stuff than anyone but my take is if you know what you're comfortable doing with your money you should stick to it. I'm doing good with this Bombardier investment but for a while I wasn't. It all started with

[bicente]

You are correct about the managers not being as good as they should be  ...I am in the process of transferring RRSP money out of the hands of one of these so-called "experts" , not only did he lose  approx. 20% in 1 year , he has the gull to take $4000.00 of my money too ... we have a meeting next week and he says he can do something about that and that we should leave that

[Truthifest]

MyName, your comment: "Stats say something along the line of '95% of managers or investors do worse than the markets every year'. Smart money is to play the average and buy some of those diversified-low fees ETF." is already in the running for Comment of the Decade. I've been in the investment business for decades, and can say that there are constant overwhelming