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Bullboard - Stock Discussion Forum Suncor Energy Inc T.SU

Alternate Symbol(s):  SU

Suncor Energy Inc. is a Canada-based integrated energy company. The Company's segments include Oil Sands, Exploration and Production (E&P), and Refining and Marketing. Its operations include oil sands development, production and upgrading, offshore oil and gas production, petroleum refining in Canada and the United States and its Petro-Canada retail and wholesale distribution networks... see more

TSX:SU - Post Discussion

Suncor Energy Inc > averaging down
View:
Post by GotNoName on Feb 22, 2021 12:55pm

averaging down

Looking to averaging down or purchasing something new.  These are what I have and my average.  I got caught when everything crashed many years back :(.  

Any recommendations on what to buy more of or something new?

pou avg 40
bte avg 2
cpg avg 4.5
tou avg 40
su avg 24
enb avg 43
xeg avg  7.5
Comment by Fishermen on Feb 22, 2021 1:15pm
Anything other than Gold and energy are already too much balooned up. Maybe put some cash_trash aside. Too much leverage used in the market, like my brother, he is using 200% leverage. Something is not right in current market.
Comment by Whocares2020 on Feb 22, 2021 1:50pm
where is the diviersisfication?  your holdings are all positively correlated...... I dont know risk tollerance, networth, age and income. Manulife is a rock star Fidelity Tech Innovators if you dont know jack about tech but want exposure....fund manager of the year last year.... ROBO if you ever get a pull back (5% tops) in allocation (my top etf up 97% including currency which did lower ...more  
Comment by Whocares2020 on Feb 22, 2021 2:05pm
Completely forgot.  lol Amex and BNS. Amex will enjoy the return to flying and US consumer debt cycle. BNS for Cdn  Financials love inflation  =)
Comment by alderaan on Feb 22, 2021 2:05pm
Yes good advice Whocare2020...and if you want the next major canadian technology stock than add some PTK for explosive growth in the next few years with a 12-18month price target of 10x current price. I won't say more, other than spend the time to do some research on the POET optical interposer.