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m0rknk8 | CPX, TA, and TLN (nasdaq) certainly are. | 0 | disparue | 2024-12-06T20:46:08 | null | 0 | /r/CanadianInvestor/comments/1h7yvpn/daily_discussion_thread_for_december_06_2024/m0rknk8/ | 5 | t3_1h7yvpn | t1_m0rjrmq | false | false |
m0rll6e | Also one of the best credit cards in Canada given its ability to pay bills as if it were a bank account (ie 1% back on tuition, property tax, hydro/gas bill, etc), free roadside assistance, and access to Venngo deals website, 1% back on every purchase and 3% at CT and Sportchek. Super excellent card | 6 | Spikemountain | 2024-12-06T20:51:10 | null | 4 | /r/CanadianInvestor/comments/1h82qw6/canadian_tire_to_keep_financialservices_business/m0rll6e/ | 1 | t3_1h82qw6 | t1_m0q1h77 | false | false |
m0rlrhn | Good investment for now, reevaluate next quarter. 30 years is a marriage - don't marry your stocks people!
Canadian Banks seem to be going through a rough patch these days. I only like TD and LB at the moment. Both had good earnings and both are undervalued with an above average yield. (I own LB). | 3 | thorpfan | 2024-12-06T20:52:07 | null | 3 | /r/CanadianInvestor/comments/1h8a92c/td_stock_near_52_week_low_good_investment/m0rlrhn/ | 0 | t3_1h8a92c | t3_1h8a92c | false | false |
m0rnc7q | > The amount of people I see making next to no returns on banks and telecoms but yet parroting the dividend yield as justification.
A dividend yield by itself is not a (good) justification for holding an investment, but if you're speculating that something is undervalued and will eventually go up a lot then the dividend means that you might be able to get some positive return in the meantime. That can be important if you end up needing to sell before that price recovery, or even just from a psychological standpoint that helps keep you on your strategy instead of changing all the time and constantly losing money. | 1 | ptwonline | 2024-12-06T21:00:36 | null | 1 | /r/CanadianInvestor/comments/1h7yvpn/daily_discussion_thread_for_december_06_2024/m0rnc7q/ | 3 | t3_1h7yvpn | t1_m0r9m2f | false | false |
m0rncgk | Remember when ING Direct and PC Financial were going to disrupt the big 5 banks 25 years ago? | 1 | henchman171 | 2024-12-06T21:00:38 | null | 1 | /r/CanadianInvestor/comments/1h5c738/scotiabank_has_been_having_an_epic_meltdown/m0rncgk/ | 4 | t3_1h5c738 | t1_m0d8pje | false | false |
m0rngl1 | Reddit only goes up. What a great company making billions (lol) | -1 | GamblingMikkee | 2024-12-06T21:01:15 | null | -5 | /r/CanadianInvestor/comments/1h8blvb/weekend_discussion_thread_for_the_weekend_of/m0rngl1/ | 0 | t3_1h8blvb | t3_1h8blvb | false | false |
m0rnkmb | AMD seems like it's becoming a value play soon | -1 | DownSyndromSteve | 2024-12-06T21:01:52 | null | -4 | /r/CanadianInvestor/comments/1h7yvpn/daily_discussion_thread_for_december_06_2024/m0rnkmb/ | 0 | t3_1h7yvpn | t3_1h7yvpn | false | false |
m0rnkt3 | Nobody thinks equitable is going to catch them. But they are gaining due to having the right products and the challenger marketing. It's been strong and it's cheap too | 1 | darkbrews88 | 2024-12-06T21:01:54 | null | 1 | /r/CanadianInvestor/comments/1h5c738/scotiabank_has_been_having_an_epic_meltdown/m0rnkt3/ | 5 | t3_1h5c738 | t1_m0rncgk | false | false |
m0rnq4d | Did you factor in the money laundering penalties they face from the US gov? | 1 | MeatyMagnus | 2024-12-06T21:02:41 | null | 1 | /r/CanadianInvestor/comments/1h8a92c/td_stock_near_52_week_low_good_investment/m0rnq4d/ | 0 | t3_1h8a92c | t3_1h8a92c | false | false |
m0rnqhq | How dense do you have to be to think that low = good value? | -1 | HowsYourSexLifeMarc | 2024-12-06T21:02:45 | null | -1 | /r/CanadianInvestor/comments/1h8a92c/td_stock_near_52_week_low_good_investment/m0rnqhq/ | 0 | t3_1h8a92c | t3_1h8a92c | false | false |
m0rnrn6 | That money laundering thing bothered me. | 1 | Effective_Motor_4398 | 2024-12-06T21:02:55 | null | -2 | /r/CanadianInvestor/comments/1h8a92c/td_stock_near_52_week_low_good_investment/m0rnrn6/ | 0 | t3_1h8a92c | t3_1h8a92c | false | false |
m0rntqz | I do my best to bring it up when they call. | 1 | Effective_Motor_4398 | 2024-12-06T21:03:14 | null | -1 | /r/CanadianInvestor/comments/1h8a92c/td_stock_near_52_week_low_good_investment/m0rntqz/ | 1 | t3_1h8a92c | t1_m0rnrn6 | false | false |
m0rnxwx | It’s a great buy long term. I started position and will add more if comes down further | 3 | roger5gthat | 2024-12-06T21:03:52 | null | 1 | /r/CanadianInvestor/comments/1h8a92c/td_stock_near_52_week_low_good_investment/m0rnxwx/ | 0 | t3_1h8a92c | t3_1h8a92c | false | false |
m0rnz25 | This is such a hard concept to grasp and I struggle too.
It craters sometimes because of perception and momentum. People see the news and say I’m out!
Other times we believe it’s because of PE fundamentals…
In TDs case they have scale and they are very large including in Canada. I don’t know the TD premium over CIBC or say Scotia or BMO. I’m not sure if the premium is just lost or is it something else ? | 3 | Arturo90Canada | 2024-12-06T21:04:03 | null | 3 | /r/CanadianInvestor/comments/1h8a92c/td_stock_near_52_week_low_good_investment/m0rnz25/ | 1 | t3_1h8a92c | t1_m0ret7j | false | false |
m0ro1ty | What's a lost decade? | 1 | newnails | 2024-12-06T21:04:28 | null | 1 | /r/CanadianInvestor/comments/1h85775/why_do_canadian_banks_have_low_pe_ratios/m0ro1ty/ | 3 | t3_1h85775 | t1_m0qco6f | false | false |
m0ro5ap | Based on past posts, it can be done. Just open a family resp and then ask to transfer the funds from the individual resp to the family resp. Check with client services for the exact steps but it is possible to move to a family resp. | 3 | disparue | 2024-12-06T21:05:00 | null | 2 | /r/CanadianInvestor/comments/1h8bk61/how_easy_is_it_to_create_a_family_resp_from_3/m0ro5ap/ | 0 | t3_1h8bk61 | t3_1h8bk61 | false | false |
m0roasr | Extremely expensive but doesn’t mean it can’t keep going up | 2 | DragonScimmy100 | 2024-12-06T21:05:51 | null | 2 | /r/CanadianInvestor/comments/1h7yvpn/daily_discussion_thread_for_december_06_2024/m0roasr/ | 1 | t3_1h7yvpn | t1_m0rhemh | false | false |
m0roblv | It’s cheap for a reason | 1 | shaun678 | 2024-12-06T21:05:58 | null | -1 | /r/CanadianInvestor/comments/1h8a92c/td_stock_near_52_week_low_good_investment/m0roblv/ | 0 | t3_1h8a92c | t3_1h8a92c | false | false |
m0rocyk | No growth for ten years | 4 | New-Low-5769 | 2024-12-06T21:06:10 | null | 4 | /r/CanadianInvestor/comments/1h85775/why_do_canadian_banks_have_low_pe_ratios/m0rocyk/ | 4 | t3_1h85775 | t1_m0ro1ty | false | false |
m0roie0 | How is that related to the PE ratio? | 1 | newnails | 2024-12-06T21:07:00 | null | 1 | /r/CanadianInvestor/comments/1h85775/why_do_canadian_banks_have_low_pe_ratios/m0roie0/ | 5 | t3_1h85775 | t1_m0rocyk | false | false |
m0rom38 | Can you explain briefly a quick reason for that? For not hedging as a better thing to do. | 1 | Tight-Essay-8332 | 2024-12-06T21:07:34 | null | 1 | /r/CanadianInvestor/comments/1h8abg4/veqt_hedging_question/m0rom38/ | 1 | t3_1h8abg4 | t1_m0rhrv7 | false | false |
m0rp92o | I'm gonna hold. I'm expecting Trump to open the energy spigot in January so hopefully price recovers. | 2 | Alph1 | 2024-12-06T21:11:04 | null | 2 | /r/CanadianInvestor/comments/1h7yvpn/daily_discussion_thread_for_december_06_2024/m0rp92o/ | 1 | t3_1h7yvpn | t1_m0r3ca7 | false | false |
m0rp9yv | Currency hedging is costly, unreliable, and increases volatility:
* [https://canadiancouchpotato.com/2010/10/29/to-hedge-or-not-to-hedge/](https://canadiancouchpotato.com/2010/10/29/to-hedge-or-not-to-hedge/)
* [https://canadiancouchpotato.com/2014/03/06/why-currency-hedging-doesnt-work-in-canada/](https://canadiancouchpotato.com/2014/03/06/why-currency-hedging-doesnt-work-in-canada/)
* [https://canadiancouchpotato.com/2015/02/04/stepping-back-from-the-hedge/](https://canadiancouchpotato.com/2015/02/04/stepping-back-from-the-hedge/)
* [https://canadiancouchpotato.com/2016/03/07/ask-the-spud-is-it-time-to-hedge-currency/](https://canadiancouchpotato.com/2016/03/07/ask-the-spud-is-it-time-to-hedge-currency/) | 4 | thewarrior71 | 2024-12-06T21:11:12 | null | 3 | /r/CanadianInvestor/comments/1h8abg4/veqt_hedging_question/m0rp9yv/ | 2 | t3_1h8abg4 | t1_m0rom38 | false | false |
m0rpf6n | Their colour is green, ur good to invest bro | 51 | nawmsayn | 2024-12-06T21:12:01 | null | 51 | /r/CanadianInvestor/comments/1h8a92c/td_stock_near_52_week_low_good_investment/m0rpf6n/ | 0 | t3_1h8a92c | t3_1h8a92c | false | false |
m0rpgev | Three months ago everyone hated BMO.
Money will rotate back to TD | 69 | radman888 | 2024-12-06T21:12:12 | null | 69 | /r/CanadianInvestor/comments/1h8a92c/td_stock_near_52_week_low_good_investment/m0rpgev/ | 0 | t3_1h8a92c | t3_1h8a92c | false | false |
m0rpjez | Its simple just ask them to change to a family plan and move over the three separate accounts
Some good information here
[https://www.moneysense.ca/columns/education-money/top-5-questions-about-family-resps/](https://www.moneysense.ca/columns/education-money/top-5-questions-about-family-resps/) | 1 | greyoldguy58 | 2024-12-06T21:12:40 | null | 0 | /r/CanadianInvestor/comments/1h8bk61/how_easy_is_it_to_create_a_family_resp_from_3/m0rpjez/ | 0 | t3_1h8bk61 | t3_1h8bk61 | false | false |
m0rpoqt | Lost too much money in them 2022-23. Was brutal. | 2 | Logarythmandblues | 2024-12-06T21:13:30 | null | 2 | /r/CanadianInvestor/comments/1h7pzqe/how_to_diversify_the_fixed_stuff/m0rpoqt/ | 1 | t3_1h7pzqe | t1_m0pxjhz | false | false |
m0rprsr | I think it’s important to realize that institutional investors drive prices (especially of issuers of this size), not retail who will be spooked by a news headline. It’s trading lower because a) there is a material hit to their future earnings, and b) there is also a great deal of uncertainty. | 3 | I_Ron_Butterfly | 2024-12-06T21:13:57 | null | 2 | /r/CanadianInvestor/comments/1h8a92c/td_stock_near_52_week_low_good_investment/m0rprsr/ | 2 | t3_1h8a92c | t1_m0rnz25 | false | false |
m0rq2de | I like the liquidity of the CASH option. Allows a person to capitalize on market drops.
XBB killed a lot of portfolios in 2022.
Bond funds in general don’t do it for me, at least not for all my fixed needs. | 1 | Logarythmandblues | 2024-12-06T21:15:35 | null | 0 | /r/CanadianInvestor/comments/1h7pzqe/how_to_diversify_the_fixed_stuff/m0rq2de/ | 1 | t3_1h7pzqe | t1_m0pmhoh | false | false |
m0rq44g | I’m with you! And I understand but for example take a look at crowdstrike stock. After their blunder I think we can agree that their prospects would be materially impact. But the bounce back has been stellar | 3 | Arturo90Canada | 2024-12-06T21:15:51 | null | 3 | /r/CanadianInvestor/comments/1h8a92c/td_stock_near_52_week_low_good_investment/m0rq44g/ | 3 | t3_1h8a92c | t1_m0rprsr | false | false |
m0rqal6 | If you were to hedge now is the time. | 1 | Outrageous_Box5741 | 2024-12-06T21:16:50 | null | 1 | /r/CanadianInvestor/comments/1h8abg4/veqt_hedging_question/m0rqal6/ | 0 | t3_1h8abg4 | t3_1h8abg4 | false | false |
m0rqaqs | It will go up eventually, but every other big Canadian bank is a better buy. So not sure why anyone would park their money there. Dividend is solid though. So if the share price drops to 67/68 to give a 6% return, then I would definitely consider putting some money in just to drip for several years. | 1 | Substantial-Order-78 | 2024-12-06T21:16:52 | null | 1 | /r/CanadianInvestor/comments/1h8a92c/td_stock_near_52_week_low_good_investment/m0rqaqs/ | 0 | t3_1h8a92c | t3_1h8a92c | false | false |
m0rqn3y | Some of that will reverse once the Canadian rate cuts finally stop/slow and US slowly brings their rate down. In the meantime I hope you don't need to buy anything from the US! | 1 | ptwonline | 2024-12-06T21:18:46 | null | 1 | /r/CanadianInvestor/comments/1h7yvpn/daily_discussion_thread_for_december_06_2024/m0rqn3y/ | 1 | t3_1h7yvpn | t1_m0qooke | false | false |
m0rr9rn | been holding TD for a few years. it's dogshit at best. | 2 | redddcrow | 2024-12-06T21:22:14 | null | 1 | /r/CanadianInvestor/comments/1h8a92c/td_stock_near_52_week_low_good_investment/m0rr9rn/ | 0 | t3_1h8a92c | t3_1h8a92c | false | false |
m0rryui | I did the opposite. Sold my hedged fund for an unhedged one in my RRSP when our dollar was at par a decade ago. I am very happy I did that. I haven't rebalanced since, but I'm starting to consider it. If CDN goes up to .85 after CPC get in and let oil flow, even if the overheated US market goes up 20% under Trump, that's a wash in CDN terms. | 1 | mistermarpole | 2024-12-06T21:26:02 | null | 1 | /r/CanadianInvestor/comments/1h8abg4/veqt_hedging_question/m0rryui/ | 0 | t3_1h8abg4 | t3_1h8abg4 | false | false |
m0rsjqj | Sure, not saying it can’t recover, and that if it does it would be a great trade. But you can point to as many turnarounds that go the other way - Lumber Liquidators was a popular retail trade coming out of their scandal in 2016. What a long, slow bleed to zero.
Obviously that’s not the case for TD. But it doesn’t have to go to zero to be a bad investment. A more apt one might be VW; also had a big scandal in the mid-2010s. Today it’s of course very much still around, but 67% below the highs, and still a large household name. | 2 | I_Ron_Butterfly | 2024-12-06T21:29:14 | null | 2 | /r/CanadianInvestor/comments/1h8a92c/td_stock_near_52_week_low_good_investment/m0rsjqj/ | 4 | t3_1h8a92c | t1_m0rq44g | false | false |
m0rt0dp | AML is a very big deal especially for banks. It requires alot of systems integrations between tons of different systems that were likely not designed to be integrated. I can't talk about cost as I have no idea but an organization only has so much capacity to perform big IT projects. You usually want those to be focused on rev gen. I have no idea what TD architecture is or how hard it will he but in my own industry we have AML implications and its a big lift. likely why TD was sleeping at the wheel... we'll do it next year and take the risk... sometimes the risk takes you. | 1 | antime1 | 2024-12-06T21:31:46 | null | 1 | /r/CanadianInvestor/comments/1h7872s/canadas_td_bank_quarterly_profit_falls_on_us/m0rt0dp/ | 4 | t3_1h7872s | t1_m0lkanh | false | false |
m0rt85p | While I do recommend index funds over single stocks for most people and situations, history is littered with people who say something similar about regret and then eventually the stock has a huge rally because the underlying business is solid despite the stock price action.
So if you held MFC for 5 years with pretty much no price movement and getting only around 5-6% return/yr from dividends you might be feeling a lot of regret. But if you held for a 6th year then you'd get a 70% return in that year as the price finally recovered.
Similarly CIBC up and down over the years but in late 2023 reaches about a 15-year low and you're pretty sad because you only made 4-7% divs/annually along the way. But hold on one more year and it goes up 60%.
BNS has a similar tale. So does Brookfield.
I fully expect TD to have similar tale as well. Whether it is worth holding that while waiting for the recovery as opposed to just buying the whole market? I have no idea, but I can understand people who have chosen that strategy. | 2 | ptwonline | 2024-12-06T21:32:59 | null | 2 | /r/CanadianInvestor/comments/1h7yvpn/daily_discussion_thread_for_december_06_2024/m0rt85p/ | 2 | t3_1h7yvpn | t1_m0qikt7 | false | false |
m0rtadu | if big six, then ry is the only answer | 3 | KanzakiYui | 2024-12-06T21:33:19 | null | 3 | /r/CanadianInvestor/comments/1h8a92c/td_stock_near_52_week_low_good_investment/m0rtadu/ | 0 | t3_1h8a92c | t3_1h8a92c | false | false |
m0rtepq | I also like the liquidity of an ETF especially compared to a GIC. The issue I have with CASH and TDB8150 is that they drop in lockstep with BoC rates which have all been down, and my expectation is that the reductions will continue for some time to come. I believe CASH currently has a forward yield of about 3.5%, compared to a 1 year GIC at 3.9%. The advantage of the GIC is that it will hold at 3.9% while the CASH will continue to drop. A year from now, perhaps the currently inverted yield curve will return to normal and GIC's for longer than one year may pay better.
But in the scheme of things, this is all small potatoes. All of these options except perhaps a high dividend etf like XEI struggle to stay ahead of inflation. It is more of a decision in picking which one will lose the least amount... | 2 | UniqueRon | 2024-12-06T21:33:58 | null | 1 | /r/CanadianInvestor/comments/1h7pzqe/how_to_diversify_the_fixed_stuff/m0rtepq/ | 2 | t3_1h7pzqe | t1_m0rq2de | false | false |
m0rtpmn | Just to make sure I understand correctly, 20% of the dividends would be taxed favourably, while the other 80% would be taxed at my marginal rate like interest income? | 1 | throwawayreddit561 | 2024-12-06T21:35:37 | null | 0 | /r/CanadianInvestor/comments/1h7jv6l/eligible_canadian_dividends_and_taxes/m0rtpmn/ | 1 | t3_1h7jv6l | t1_m0ppbdo | false | false |
m0rtu7l | A bitter, disgruntled TD holder must have downvoted you. | 3 | DickSmack69 | 2024-12-06T21:36:19 | null | 3 | /r/CanadianInvestor/comments/1h8a92c/td_stock_near_52_week_low_good_investment/m0rtu7l/ | 1 | t3_1h8a92c | t1_m0ri4hj | false | false |
m0ruet9 | You don’t buy when things are falling unless you are new to investing or love to gamble.
Edit You guys are intent on buying more of this for no other reason than “it keeps dropping” and won’t take no for an answer. Go ahead.
Edit2 At least wait until the negative momentum has tapered off. You’re just giving your hard-earned money away. | 0 | DickSmack69 | 2024-12-06T21:39:28 | null | -2 | /r/CanadianInvestor/comments/1h8a92c/td_stock_near_52_week_low_good_investment/m0ruet9/ | 1 | t3_1h8a92c | t1_m0rnxwx | false | false |
m0rvhnt | No body went broke taking profits. | 220 | EKcore | 2024-12-06T21:45:25 | null | 209 | /r/CanadianInvestor/comments/1h8clrc/i_got_lucky_and_now_im_wondering_what_i_should_do/m0rvhnt/ | 0 | t3_1h8clrc | t3_1h8clrc | false | false |
m0rvjf6 | Yesterday morning everyone hated BMO and by noon it was party time again and that continued today. | 21 | Billy19982 | 2024-12-06T21:45:41 | null | 8 | /r/CanadianInvestor/comments/1h8a92c/td_stock_near_52_week_low_good_investment/m0rvjf6/ | 1 | t3_1h8a92c | t1_m0rpgev | false | false |
m0rvvsb | Not true at all, it's situational. If you wanted to remove more than $5000 now, or early next year, for whatever reason (wedding ring, trip, car etc.) you could just take out $5k now and the rest next year and get the excess back in future contribution room. | 0 | itsthebear | 2024-12-06T21:47:36 | null | 0 | /r/CanadianInvestor/comments/1h6wbyj/strategic_tfsa_withdrawals/m0rvvsb/ | 1 | t3_1h6wbyj | t1_m0gq9ah | false | false |
m0rwaju | Depending on your timeline it may be useful to swap to something like VSP (S&P500 CAD-hedged) in the near future since it is likely that the CAD will recover somewhat vs the USD as the timing difference of rate cuts gets played out. Beware of trying to time markets, of course. | 1 | ptwonline | 2024-12-06T21:49:53 | null | 1 | /r/CanadianInvestor/comments/1h7yvpn/daily_discussion_thread_for_december_06_2024/m0rwaju/ | 2 | t3_1h7yvpn | t1_m0q43xx | false | false |
m0rwht3 | Long term then yes | 1 | Dry-Nectarine-2372 | 2024-12-06T21:51:00 | null | 1 | /r/CanadianInvestor/comments/1h8a92c/td_stock_near_52_week_low_good_investment/m0rwht3/ | 0 | t3_1h8a92c | t3_1h8a92c | false | false |
m0rwk2n | I'd sell 150k and leave your 20k initial investment to ride | 228 | Raunchy_pigeon | 2024-12-06T21:51:21 | null | 224 | /r/CanadianInvestor/comments/1h8clrc/i_got_lucky_and_now_im_wondering_what_i_should_do/m0rwk2n/ | 0 | t3_1h8clrc | t3_1h8clrc | false | false |
m0rwlcl | Keep your original investment in Tesla if you want to let it run. | 7 | MarauderZWorld | 2024-12-06T21:51:33 | null | 6 | /r/CanadianInvestor/comments/1h8clrc/i_got_lucky_and_now_im_wondering_what_i_should_do/m0rwlcl/ | 0 | t3_1h8clrc | t3_1h8clrc | false | false |
m0rwmvy | What horrendous actions and comments of the ceo? | -4 | ilurvefba | 2024-12-06T21:51:47 | null | -14 | /r/CanadianInvestor/comments/1h8clrc/i_got_lucky_and_now_im_wondering_what_i_should_do/m0rwmvy/ | 0 | t3_1h8clrc | t3_1h8clrc | false | false |
m0rwqxn | I will go one step further, C$2 billion is not enough, they should start with at least $10 billion, and increase to $20 billion. When you look at how much the US and China and Saudi Arabia and UAE are investing in AI, Canadian government needs to do a lot more. | 1 | MoneyRepeat7967 | 2024-12-06T21:52:24 | null | 0 | /r/CanadianInvestor/comments/1h87g6e/cohere_coreweave_partner_to_build_a_data_centre/m0rwqxn/ | 1 | t3_1h87g6e | t1_m0qxraf | false | false |
m0rwy68 | This has nothing to do with spending the money. This is all about “crystallizing” your TFSA room. The author suggests pulling the money out at year end and contribute it back next year to lock in the room.
This is a false thought process and a waste of time. | 1 | d10k6 | 2024-12-06T21:53:32 | null | 1 | /r/CanadianInvestor/comments/1h6wbyj/strategic_tfsa_withdrawals/m0rwy68/ | 2 | t3_1h6wbyj | t1_m0rvvsb | false | false |
m0rx6d2 | Confirming what other posters have said. I've done this with TD and it's very easy. Open the family RESP, then transfer in kind from the individual RESPs. | 1 | megagram | 2024-12-06T21:54:48 | null | 0 | /r/CanadianInvestor/comments/1h8bk61/how_easy_is_it_to_create_a_family_resp_from_3/m0rx6d2/ | 0 | t3_1h8bk61 | t3_1h8bk61 | false | false |
m0rxfra | I agree. My observation however, that is literally the only data point a lot of these people make investment decisions on. Maybe slap on the odd pe check. | 1 | Impossible_Hippo6187 | 2024-12-06T21:56:14 | null | 0 | /r/CanadianInvestor/comments/1h7yvpn/daily_discussion_thread_for_december_06_2024/m0rxfra/ | 4 | t3_1h7yvpn | t1_m0rnc7q | false | false |
m0rxuqw | The thesis is that for the big 6 banks, they are all the same and nothing ever happens, and in the long term they will revert back to the mean. So, buy the ones that are down. | 15 | KriosXVII | 2024-12-06T21:58:34 | null | 13 | /r/CanadianInvestor/comments/1h8a92c/td_stock_near_52_week_low_good_investment/m0rxuqw/ | 2 | t3_1h8a92c | t1_m0relnf | false | false |
m0ry04v | Diversity is important. Sell 3/4 and take large positions in 3 more stocks you like | 2 | LokiPokee | 2024-12-06T21:59:24 | null | 2 | /r/CanadianInvestor/comments/1h8clrc/i_got_lucky_and_now_im_wondering_what_i_should_do/m0ry04v/ | 0 | t3_1h8clrc | t3_1h8clrc | false | false |
m0ry3le | That’s how I roll with all my speculative investments that hit | 59 | MooseKnuckleds | 2024-12-06T21:59:57 | null | 52 | /r/CanadianInvestor/comments/1h8clrc/i_got_lucky_and_now_im_wondering_what_i_should_do/m0ry3le/ | 1 | t3_1h8clrc | t1_m0rwk2n | false | false |
m0ry48e | Just a random from the internet. If it was me, I would be looking to more a majority of those great gains into something more long term stable and boring. Like a good global market ETF. Again, if it were me personally I would leave 40k in Tesla and hope it runs more over the years. And invest the rest elsewhere. Maybe take out 2k to go towards a vacation fund or something too. Nice profit though. Way to crush things! | 21 | the_mad_paddler | 2024-12-06T22:00:03 | null | 21 | /r/CanadianInvestor/comments/1h8clrc/i_got_lucky_and_now_im_wondering_what_i_should_do/m0ry48e/ | 0 | t3_1h8clrc | t3_1h8clrc | false | false |
m0ry7ag | I’ve been DCA 500 per month with an initial investment of 10k for 5+ years and i plan to continue until i have 100k invested in my TFSA | 2 | CC98989898 | 2024-12-06T22:00:31 | null | 2 | /r/CanadianInvestor/comments/1h8a92c/td_stock_near_52_week_low_good_investment/m0ry7ag/ | 0 | t3_1h8a92c | t3_1h8a92c | false | false |
m0ryq6n | Buy. Most companies have to deal with a scandal/bad news event at one point another…it will come back nicely. | 10 | sunshine8279 | 2024-12-06T22:03:29 | null | 1 | /r/CanadianInvestor/comments/1h8a92c/td_stock_near_52_week_low_good_investment/m0ryq6n/ | 0 | t3_1h8a92c | t3_1h8a92c | false | false |
m0ryzsx | I'm in a similar situation, older, higher numbers, have a kid and I don't know what to do either. I have high conviction that the best of Tesla has yet to come. If you have been in for years, you know the roller coaster ride TSLA is. Personally when I don't know what to do, I do nothing. | 3 | altimas | 2024-12-06T22:05:01 | null | 2 | /r/CanadianInvestor/comments/1h8clrc/i_got_lucky_and_now_im_wondering_what_i_should_do/m0ryzsx/ | 0 | t3_1h8clrc | t3_1h8clrc | false | false |
m0ryzue | My thoughts are that this stock is extremely overvalued, however it still increases in value. So, remove your profits, keep $20,000 in and you never know, maybe you'll get another $150k or maybe you'll end up with $20. At least you know you will have the $150k you pulled out.
If you compare this with its peers PE values the price should be more around $25/share, the rest is hype. Take your money, you got lucky. | 66 | imfrmcanadaeh | 2024-12-06T22:05:02 | null | 66 | /r/CanadianInvestor/comments/1h8clrc/i_got_lucky_and_now_im_wondering_what_i_should_do/m0ryzue/ | 0 | t3_1h8clrc | t3_1h8clrc | false | false |
m0rz8sh | A wise senior with a lot of wealth once told me when I asked about a similar scenario:
If you woke up tomorrow losing from your profits, how much could you lose before you lost sleep the next night?
Whatever that number is: add the difference to your initial investment to arrive at your total.
Lock in those profits/trade for more stable.
You’re intrinsically more attached to your initial investment. | 70 | SKOOBEY1 | 2024-12-06T22:06:27 | null | 69 | /r/CanadianInvestor/comments/1h8clrc/i_got_lucky_and_now_im_wondering_what_i_should_do/m0rz8sh/ | 0 | t3_1h8clrc | t3_1h8clrc | false | false |
m0rzdtf | What’s the timeframe for the other 5 to have regulatory chill on further US acquisitions, massive money laundering allegations/fines that restrict further growth in one of the only geographies of material growth, leading to a sudden CEO “retirement”?
Sometimes “this time is different” is because this time actually is different. | 1 | I_Ron_Butterfly | 2024-12-06T22:07:15 | null | 1 | /r/CanadianInvestor/comments/1h8a92c/td_stock_near_52_week_low_good_investment/m0rzdtf/ | 3 | t3_1h8a92c | t1_m0rxuqw | false | false |
m0rzfi8 | I'd sell all of it and sink it into XEQT, but I'm not a fan of the company, the owner, or the competition that is nipping at their heels. I also like to keep my investments as simple as possible.
But I'm not you. If you are a fan, you could leave 10 to 20% of your total investments in a single stock without much worry. | 12 | NotEvenNothing | 2024-12-06T22:07:32 | null | 12 | /r/CanadianInvestor/comments/1h8clrc/i_got_lucky_and_now_im_wondering_what_i_should_do/m0rzfi8/ | 0 | t3_1h8clrc | t3_1h8clrc | false | false |
m0rzob2 | Do you like to buy and sell based on P/E values? Just about all Canadian banks seem to be a t all time highs. I have BNS and while I love it, I feel like just based on the price alone, it could tumble soon. | 1 | Outrageous_Hawk_7919 | 2024-12-06T22:08:55 | null | 1 | /r/CanadianInvestor/comments/1h85775/why_do_canadian_banks_have_low_pe_ratios/m0rzob2/ | 1 | t3_1h85775 | t1_m0r8eab | false | false |
m0rzr50 | Can you elaborate on this? I thought that when a Canadian credit card is used to pay a bill, the issuer treats that as a cash advance? | 5 | AntoniaFauci | 2024-12-06T22:09:22 | null | 3 | /r/CanadianInvestor/comments/1h82qw6/canadian_tire_to_keep_financialservices_business/m0rzr50/ | 2 | t3_1h82qw6 | t1_m0rll6e | false | false |
m0s0yjw | They mad I guess | 2 | Shughost7 | 2024-12-06T22:16:18 | null | 2 | /r/CanadianInvestor/comments/1h8a92c/td_stock_near_52_week_low_good_investment/m0s0yjw/ | 2 | t3_1h8a92c | t1_m0rtu7l | false | false |
m0s1036 | Oh wow, nice jump. What's that about? | 2 | Pass3Part0uT | 2024-12-06T22:16:34 | null | 2 | /r/CanadianInvestor/comments/1h8a92c/td_stock_near_52_week_low_good_investment/m0s1036/ | 2 | t3_1h8a92c | t1_m0rvjf6 | false | false |
m0s1336 | I don't rely too much on PE. I'm more buy and hold.
The stock market should work that way, where **good companies** are making new highs and continuing to grow in value, with stumbles during recessionary times? | 1 | aLottaWAFFLE | 2024-12-06T22:17:03 | null | 0 | /r/CanadianInvestor/comments/1h85775/why_do_canadian_banks_have_low_pe_ratios/m0s1336/ | 2 | t3_1h85775 | t1_m0rzob2 | false | false |
m0s1tp8 | Lost decade - stock price stagnates as earnings catch up to prices, bringing the PE ratio back to long term averages over 10 years
Something big - prices crash, bringing the PE ratio back to long term averages rages over a lot less than 10 years. | 2 | DENNYCR4NE | 2024-12-06T22:21:20 | null | 2 | /r/CanadianInvestor/comments/1h85775/why_do_canadian_banks_have_low_pe_ratios/m0s1tp8/ | 6 | t3_1h85775 | t1_m0roie0 | false | false |
m0s2c01 | Man, if I were you I'd sell all of TSLA and lock 100K into something med/low risk like XEQT. You now have 70K to gamble with, or leave it in mutual funds depending on how closely you want to watch it, and your comfort levels respectively.
Our economy is probably not going to do well, and I would suggest investing in something like XSP. That's my top pick for set it and forget it growth. | 3 | madsheeter | 2024-12-06T22:24:18 | null | 3 | /r/CanadianInvestor/comments/1h8clrc/i_got_lucky_and_now_im_wondering_what_i_should_do/m0s2c01/ | 0 | t3_1h8clrc | t3_1h8clrc | false | false |
m0s2r5d | My 2c
Keep your initial 20k (or more....)
100-125k in equities (s&p etf ... vcn etc) or xeqt etf
25-50 in qqq US tech etf because you are in tech and have some attachment to it
Good luck | 3 | Schumann1944 | 2024-12-06T22:26:43 | null | 3 | /r/CanadianInvestor/comments/1h8clrc/i_got_lucky_and_now_im_wondering_what_i_should_do/m0s2r5d/ | 0 | t3_1h8clrc | t3_1h8clrc | false | false |
m0s2vlo | Every other market looks pretty bad too. Maybe S&P are at all time highs cause everyone and their grandma (even outside the US) don’t know where to put their money ATM so S&P it is? Myself included lol | 1 | Vince-in-Montreal | 2024-12-06T22:27:26 | null | 1 | /r/CanadianInvestor/comments/1h6lq97/ive_been_100_veqt_for_many_years_im_thinking/m0s2vlo/ | 1 | t3_1h6lq97 | t1_m0goxlq | false | false |
m0s2y1l | To be fair. People were saying the same about cibc a few years ago. I’m a firm believer over time Canadian banks revert to the mean. | 4 | l0ung3r | 2024-12-06T22:27:50 | null | 4 | /r/CanadianInvestor/comments/1h8a92c/td_stock_near_52_week_low_good_investment/m0s2y1l/ | 1 | t3_1h8a92c | t1_m0rqaqs | false | false |
m0s30xi | Idk why you’re being downvoted it’s a legit question | 1 | doranpls | 2024-12-06T22:28:18 | null | -1 | /r/CanadianInvestor/comments/1h8clrc/i_got_lucky_and_now_im_wondering_what_i_should_do/m0s30xi/ | 1 | t3_1h8clrc | t1_m0rwmvy | false | false |
m0s33tp | Apparently a whole bunch of analysts have upgraded bmo to outperform and raised their price targets for the near future. | 3 | m1605x | 2024-12-06T22:28:46 | null | 3 | /r/CanadianInvestor/comments/1h8a92c/td_stock_near_52_week_low_good_investment/m0s33tp/ | 3 | t3_1h8a92c | t1_m0s1036 | false | false |
m0s354p | Or have a long term time horizon… | 4 | l0ung3r | 2024-12-06T22:28:58 | null | 3 | /r/CanadianInvestor/comments/1h8a92c/td_stock_near_52_week_low_good_investment/m0s354p/ | 2 | t3_1h8a92c | t1_m0ruet9 | false | false |
m0s3726 | "In other words, whatever amount you take out in December frees up that contribution headroom by Jan. 1 — on top of the 2025 TFSA limit of $7,000, growing your lifetime contribution room by $12,000"
That's a true statement. You're wrong, by crystalized he means the withdrawal itself - you're assuming an instant re-deposit. Calvert is right, if you don't have contribution room and need the money right now, assuming you do get some of your withdrawal back in contribution room which I didn't know about tbh | 1 | itsthebear | 2024-12-06T22:29:17 | null | 1 | /r/CanadianInvestor/comments/1h6wbyj/strategic_tfsa_withdrawals/m0s3726/ | 3 | t3_1h6wbyj | t1_m0rwy68 | false | false |
m0s39vr | Your plan is to have 100k invested into TD Bank alone in your TFSA? You should diversify more that's incredibly risky without much upside | 2 | illknowitwhenireddit | 2024-12-06T22:29:44 | null | 2 | /r/CanadianInvestor/comments/1h8a92c/td_stock_near_52_week_low_good_investment/m0s39vr/ | 1 | t3_1h8a92c | t1_m0ry7ag | false | false |
m0s3m0n | Yeah but consider that if the government announced $10B in spending for our digital infrastructure like this you'd have, no doubt, many people losing their shit about "irresponsible" and "pointless" spending.
To be clear I agree with you: I'd love if we spent more on it. | 2 | MaxDragonMan | 2024-12-06T22:31:44 | null | 2 | /r/CanadianInvestor/comments/1h87g6e/cohere_coreweave_partner_to_build_a_data_centre/m0s3m0n/ | 2 | t3_1h87g6e | t1_m0rwqxn | false | false |
m0s3wng | Half and half could make sense, if you have other investments, and you have high conviction and stay in the loop about the stock?
If you're more hands free, more wanting safety, possibly divest more, 75-90%?
EoD - do something you can live with where the future stock price gets halved, remains the same, or doubles from here.
PS: possibly large positions at $350/$360/$400 calls going a month out, do with that what you will | 4 | aLottaWAFFLE | 2024-12-06T22:33:26 | null | 4 | /r/CanadianInvestor/comments/1h8clrc/i_got_lucky_and_now_im_wondering_what_i_should_do/m0s3wng/ | 0 | t3_1h8clrc | t3_1h8clrc | false | false |
m0s4ioa | Is it though? You can't read anything in the past month without seeing Elon's face somewhere. | 2 | kindredfan | 2024-12-06T22:37:01 | null | 2 | /r/CanadianInvestor/comments/1h8clrc/i_got_lucky_and_now_im_wondering_what_i_should_do/m0s4ioa/ | 2 | t3_1h8clrc | t1_m0s30xi | false | false |
m0s59w8 | okay he's in the news but what exactly has he done/said that is horrendous? | 0 | doranpls | 2024-12-06T22:41:27 | null | -1 | /r/CanadianInvestor/comments/1h8clrc/i_got_lucky_and_now_im_wondering_what_i_should_do/m0s59w8/ | 3 | t3_1h8clrc | t1_m0s4ioa | false | false |
m0s5jss | CIBC was garbage and now it's the toast of the town. All of the bad news wasn't a surprise I don't understand the tank job after earnings. | 10 | StoreOk7989 | 2024-12-06T22:43:05 | null | 10 | /r/CanadianInvestor/comments/1h8a92c/td_stock_near_52_week_low_good_investment/m0s5jss/ | 0 | t3_1h8a92c | t3_1h8a92c | false | false |
m0s6kas | This is what I would also do | 10 | WSBpawn | 2024-12-06T22:49:07 | null | 9 | /r/CanadianInvestor/comments/1h8clrc/i_got_lucky_and_now_im_wondering_what_i_should_do/m0s6kas/ | 1 | t3_1h8clrc | t1_m0rwk2n | false | false |
m0s6p2e | I hold some and it always seems surprisingly volatile to me. It’s a Canadian bank for crying out loud!! There is always the dividend. It’s a beauty contest | 1 | ShoddyResolution6402 | 2024-12-06T22:49:56 | null | 1 | /r/CanadianInvestor/comments/1h8a92c/td_stock_near_52_week_low_good_investment/m0s6p2e/ | 0 | t3_1h8a92c | t3_1h8a92c | false | false |
m0s7afy | Keep it and max out all your other tax sheltered account room, further investing more in other good choices you may have.
I don't see tesla going anywhere but up over the long term , and I don't own any of it's products or like it lol. It's too huge too fail now and supported heavily by taxpayer.
Goodluck on your choices. | 1 | Icy-Royal-575 | 2024-12-06T22:53:29 | null | 1 | /r/CanadianInvestor/comments/1h8clrc/i_got_lucky_and_now_im_wondering_what_i_should_do/m0s7afy/ | 0 | t3_1h8clrc | t3_1h8clrc | false | false |
m0s7izh | Good growth plans are a staple to investing. Meeting and beating earnings expectations are also very key. Companies that have a good track record of doing so are always the best long term Investments especially if there isn't a headwind for them to do so.
To prove that point look at companies on a longer term chart ...say 5 years......you are looking for bottom left to top right without a crazy amount of volatility .....in other words the chart should show more upward action than down | 1 | Mysterious_Metal_724 | 2024-12-06T22:54:53 | null | 1 | /r/CanadianInvestor/comments/1h8a92c/td_stock_near_52_week_low_good_investment/m0s7izh/ | 0 | t3_1h8a92c | t3_1h8a92c | false | false |
m0s8lc0 | r/justbuyXEQT is calling | 2 | dotsthewarlock | 2024-12-06T23:01:16 | null | 2 | /r/CanadianInvestor/comments/1h8clrc/i_got_lucky_and_now_im_wondering_what_i_should_do/m0s8lc0/ | 0 | t3_1h8clrc | t3_1h8clrc | false | false |
m0s8p0l | I think that's a good idea. How much you wanna sell depends on your comfort level. Personally I'd sell all of it because of how high the stock price is compared to its value, but if you think it can go further up, it's okay to keep some in TSLA, like 10% of it. | 1 | Lightning_Catcher258 | 2024-12-06T23:01:54 | null | 1 | /r/CanadianInvestor/comments/1h8clrc/i_got_lucky_and_now_im_wondering_what_i_should_do/m0s8p0l/ | 0 | t3_1h8clrc | t3_1h8clrc | false | false |
m0s9hbr | Take profits and roll into TEC and VFV, set it and forget it. Keep 10k in Tesla if you believe there is still upside. And look into RKLB for another great speculative option! | 3 | jailcopper | 2024-12-06T23:06:40 | null | 3 | /r/CanadianInvestor/comments/1h8clrc/i_got_lucky_and_now_im_wondering_what_i_should_do/m0s9hbr/ | 0 | t3_1h8clrc | t3_1h8clrc | false | false |
m0s9i5n | This is different due to the AML penalty. The new business that would otherwise go to TD is going elsewhere. IMHO, this is a big deal. 6 years and counting for Wells Fargo.
Don’t get me wrong. TD is a strong business, it’s just that I believe they are stuck in the gutter for a few years. I think the other banks will have greater potential for capital growth over that time. | 3 | Substantial-Order-78 | 2024-12-06T23:06:49 | null | 3 | /r/CanadianInvestor/comments/1h8a92c/td_stock_near_52_week_low_good_investment/m0s9i5n/ | 2 | t3_1h8a92c | t1_m0s2y1l | false | false |
m0sa0e1 | Hard to say if it is good time. It does not seem to be a bad time. Could always do some now and some later. | 1 | threex11 | 2024-12-06T23:09:52 | null | 1 | /r/CanadianInvestor/comments/1h8a0l8/is_it_good_time_to_change_my_usd_to_cad_at_141_or/m0sa0e1/ | 0 | t3_1h8a0l8 | t3_1h8a0l8 | false | false |
m0sabim | Big companies lose their way all the time, and they have an absent CEO.
Actually it’s worse, they have a CEO who is making sure people DON’T buy their cars. | 1 | xocolatefoot | 2024-12-06T23:11:45 | null | 1 | /r/CanadianInvestor/comments/1h8clrc/i_got_lucky_and_now_im_wondering_what_i_should_do/m0sabim/ | 1 | t3_1h8clrc | t1_m0s7afy | false | false |
m0sac30 | I would sell it all and put in broad market ETF. | 1 | Commercial_Pain2290 | 2024-12-06T23:11:51 | null | 1 | /r/CanadianInvestor/comments/1h8clrc/i_got_lucky_and_now_im_wondering_what_i_should_do/m0sac30/ | 0 | t3_1h8clrc | t3_1h8clrc | false | false |
m0sapye | Lots of good advice already (for once), but I just want to address one thing you said. “I still think TSLA has upward potential long term…”. If you’re a fan of the company there’s nothing wrong with keeping some shares, but realize that the the market has priced in that potential, so any bets on TSLA are just that, bets (speculation).
The market in aggregate has way more information than any individual investor, and also, most shares are owned by institutional investors that are way more sophisticated and knowledgeable than any retail investor. The only way TSLA will outperform in the future is if it exceeds the already lofty expectations that are priced in. Don’t fool yourself into thinking that because you like the company, or that it’s innovative, that the stock will do well in the future. Because expectations are so high, expected future returns are actually low.
Anyway, like others have said, sell your shares except for some small amount and invest in a low-cost globally diversified index fund portfolio. | 9 | HawkorDove | 2024-12-06T23:14:11 | null | 9 | /r/CanadianInvestor/comments/1h8clrc/i_got_lucky_and_now_im_wondering_what_i_should_do/m0sapye/ | 0 | t3_1h8clrc | t3_1h8clrc | false | false |
m0sarkp | Whatever proportion you choose, it’ll take at most $20 to change your mind. Big deal. I’d just DCA while thinking about it until I’m happy. | 1 | Betanumerus | 2024-12-06T23:14:27 | null | 1 | /r/CanadianInvestor/comments/1h8clrc/i_got_lucky_and_now_im_wondering_what_i_should_do/m0sarkp/ | 0 | t3_1h8clrc | t3_1h8clrc | false | false |
m0sc9wb | Sell half. Keep half the remainder and sell covered calls
Then index into equities and bonds, or pay down that mortgage? | 1 | calgary_db | 2024-12-06T23:23:39 | null | 1 | /r/CanadianInvestor/comments/1h8clrc/i_got_lucky_and_now_im_wondering_what_i_should_do/m0sc9wb/ | 0 | t3_1h8clrc | t3_1h8clrc | false | false |
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