Post by
ZouZS3 on Dec 27, 2020 10:43am
Agressive Growth
This is certainly not a recommended but also 42% of my portofolio is leveraged. When I say portfolio I'm talking about all my assets (TFSA & RSP). Go big or Stay Home like newcoin said.
Comment by
ZouZS3 on Dec 27, 2020 10:47am
imagine paying down debt while making big returns. I call it forced savings kind of like a mortgage, you pay it down while your property appreciates over time. And you don't need to worry about spending your available credit on non-essentials.
Comment by
savyinvestor333 on Dec 27, 2020 11:02am
I wish you well. Maybe when you have time pull up a Yahoo 25 year chart for Ballard and Plug Power. We all talk about the amazing returns for these 2 stocks YFYI Ballard is currently 25% of it's all time high and Plug Power is around 3%
Comment by
ZouZS3 on Dec 27, 2020 11:14am
I'd rather lose everything today and build my way up in the next 10 years, than losing everything in 10 years
Comment by
bmo1212 on Dec 27, 2020 12:53pm
You won't loose everything in either XBC or GRN, this is not a Bre-X.
Comment by
ZouZS3 on Dec 27, 2020 3:23pm
Thanks for sharing your thoughts. I'm just wondering If "Selling half and holding free shares is a cognitive illusion" and if "what matters is your total portfolio return, not whether you are ahead or net costless on 1 stock" why would you just "trim some GRN and buy a bit more XBC" and not sell it all for XBC?!
Comment by
tamaracktop on Dec 27, 2020 12:35pm
That is very true, with one caveat. While charts take stock splits into account, they don't incorporate the effects of secondary offerings. I'm sure if there were charts showing the market capitalization per share, which I've often thought there should be, the charts of Ballard and Plug would look very different. All companies would, actually and obviously.