Daily Stocks Going Off$

[Bastard Factory]

OIL!!!! Texas Tea............... $1,504.87 (78.34%) Today

 

[Seamajor]

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Oil is surging while the Dow goes under water.

 

[Bastard Factory]

$200 per barrel lets go ..........Bullish

 

[Weeg]

BUY SCO right before oil plunges!!!!

 

[Joe]

$200 per barrel lets go ..........Bullish

Did you buy any oil stocks @Bastard Factory ?

CNQ or Canadian Natural Resources has had quite a run lately.

Doing well on the Canadian & US stock exchanges

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[Bastard Factory]

Yes... making money off these swings every other day...

Oil Swing Winners to swing/hold til the end of the War...

EONR <----------
ANNA <----------
BATL
TPET

 

[The Prowler]

Hey Senile @Joe

What is your TFSA sitting at right now?

 

[Joe]

Hey Senile @Joe

What is your TFSA sitting at right now?

Stagnant.

Not up much, not down tho.

Hasn't really grown much. Basically FLAT.

Im moving more funds into money market this week fund. I got a gic last week too. What stocks I own are mostly staples natural resources and essentials. Stuff like Canadian Utilities & Hydro One

This market looks kinda scary Lex @The Prowler .

But the oil gas stocks appear to be doing well. I bought 1000 shares of a Canadian Helium penny stock.

Helium, gas, oil & other essentials went up because of the Iran War.

 

[Joe]

Apparently the Iran War is quite bad for most of the stock market Lex @The Prowler since it exacerbates inflation. When inflation ticks up due largely to higher oil prices, most stocks get hammered.

 

[Joe]

....guy provides an analysis of 3 possible outcomes for the stock market as a result of the Iran War from worst to best case scenario:

 

[Joe]

Senile @Joe

I got started late (was paying off my mortgage) and only have $233, 813 in my TFSA.

What is your TFSA worth right now?

My TFSA is only half of that Lex @The Prowler
But I have s'more in an RRSP GIC.

Given the volatility of the economy & stock market I plan to play it safe this year Prowler

So there'll likely be few gains but at least by year's end hopefully the accounts will at least have small net gain.

I will be making few contributions to equities this year.

Mostly it will be in cash/money market.

This market and economy look unhealthy.
But that's just my opinion.

 

[Joe]

Here's another stock you might be interested in @Bastard Factory :

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North American Niobium and Critical Minerals Corp. (NIOB.CN)​

It's actually mentioned in another video by a US Coin Dealer (7:00 into the video):



Trades at less than .50 cents USD atm. Gone up a lot lately.

I bought some shares today.

 

[Joe]

Best Energy Stocks

 

[Joe]

 

[Joe]

2020s just like the 1970s?



Is so then perhaps invest accordingly.

Oil/Gas, Gold, Real estate were hot investments back then.

History could be repeating itself!

 

[The Prowler]

2020s just like the 1970s?



Is so then perhaps invest accordingly.

Oil/Gas, Gold, Real estate were hot investments back then.

History could be repeating itself!

Senile @Joe.

You said a few days ago that you were withdrawing from your RRSP so you do not have to covert it to a RRIF.

Why would you do that?

 

[Joe]

Senile @Joe.

You said a few days ago that you were withdrawing from your RRSP so you do not have to covert it to a RRIF.

Why would you do that?

I'll discuss it in a different thread or meltdown if you like Lex @The Prowler

But this is the forum owner's investment thread or investment strategies. so start a RIFF thread and I'll chime in. Not in this thread tho.

Is that a deal, Prowler ?

 

[The Prowler]

I'll discuss it in a different thread or meltdown if you like Lex @The Prowler

But this is the forum owner's investment thread or investment strategies. so start a RIFF thread and I'll chime in. Not in this thread tho.

Is that a deal, Prowler ?

Sure, Senile @Joe.

Looking forward to reading your words of wizdumb.

 

[The Prowler]

so start a RIFF thread and I'll chime in. Not in this thread tho.

Is that a deal, Prowler ?

The thread has been started, Senile @Joe, and you are a No-Show.

How hard are you finding all this, Senile @Joe?

 

[Joe]

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[The Prowler]

My wife bought Maple Leaf foods on the dip and made over 10% today.

 

[Joe]

My wife bought Maple Leaf foods on the dip and made over 10% today.

I bought some Maple Leaf stock last year but for better or worse got rid of most of it. I may still have a few shares left Lex @The Prowler

But i bought others like Loblaws and George Weston which have also gone up.

Many analysts think we are headed for a crash or correction later in the year Prowler



Not my prediction tho, just somebody else's..

I just listen to them, that's all

 

[Joe]

...another

 

[The Prowler]

The sky is not falling, Senile @Joe .

But many stocks are over-valued right now.

Just look at the average PE ratio.

I expect a correction to the market. If there is an overreaction, I have about $750K free right now that I will use to get some bargains.

 

[Joe]

The sky is not falling, Senile @Joe .

I didn't say it was Lex @The Prowler

Those projected outcomes are only possibilities not absolute certainties.

Actually it's unwise to be focused on just 1 outcome. These prognisticators can be wrong too.

Nobody really knows what the furure holds. Best to have diversified investments.

Only certainty seems to be higher oil prices for an extended period which will impact everything else.

 

[The Prowler]

I didn't say it was Lex @The Prowler

Those projected outcomes are only possibilities not absolute certainties.

Actually it's unwise to be focused on just 1 outcome. These prognisticators can be wrong too.

Nobody really knows what the furure holds. Best to have diversified investments.

Only certainty seems to be higher oil prices for an extended period which will impact everything else.

You worry way too much, Senile @Joe.

It is weird to me that someone so focused on finances has not accumulated a decent amount of wealth.