Post by
ratsnake220 on Feb 15, 2023 7:05pm
Put new money
crazy question...how old are you...will determine risk tolerance......are you gambling or are you investing....this is gambling and most gamblers lose......So i am 55% in cash......icludes GIC at 4.8 % on a 1 year ....30% in well covered nasdaq tech.....15% in mid cap energy with minum of 3% dividend to 5%.....i even hold a 18 month GIC.....for $50,000.....why not....live to fight another day.....Thats why Junk is Junk....and after a year this JUNK STILL STINKS like rotten food left out of the fridge for 2 years.....think of how much you have lost in a year when you could have been in a energy play like FRU which i told you about a year ago...you lost 15% capital gain and 8% cash distributions paid out monthly....most football games are won on defence.....this is no different.....Right now in short term because of spr gov oil holdings being released energy is stagnate....probably drifts lower.....but is $100 oil a possiblity in 2024....most likely Paul Sankey ...Sankey oil research.....but it wont get their unti end of May...USA infrastrucure trillions of dollar into that.....so Caterpillar, Checkpoint, Deere are good plays....what about BHP with its 10% distribution...large cap construction play...their is so much 1212...to put your hard earned money into that is de risked
Comment by
Damn1212 on Feb 15, 2023 7:39pm
Hey Rat late 30 s How you feel about Suncor ?
Comment by
Damn1212 on Feb 16, 2023 7:03am
@ Rat Yes I think oil is going to 100$ perhaps more once china comes back 100% . The Cartel is lowering output not to mention russia reducing its output as well. Ill do research on CNQ . What do you think about Tech ? Im kicking myself in the head for not buying TSLA at 110$ ...
Comment by
Blueshoes on Feb 16, 2023 7:29am
In all seriousness, I'm gonna hang in here. I little faith still left in these partnerships and collaboration. I may do a few swing trades here and there for the heck of it. Just going into the abyss and I'll see what's on the other side.
Comment by
Maxmoe on Feb 16, 2023 1:50pm
Oh my good lord, why would you trust yourself for any investment given the $millions you've lost here with your one and only investment of the last few years. Hire a professional. Step away from the computer. Go have a long cleansing walk.