Stocks.

Another pretty hot day in the markets overall!
nothing better than green my friend

still trying to figure out if Blo is going to take off, i think in BillC69 they approved roadside salaiva testing so if Cannabix is gonna get breathalzyers approved they better hustle up...Oct 17 is coming up quick
 
I love everything they are doing...I think today is the day they spin off Australis in the US...or its the deadline to acquire ACB shares for the payout

Yeah, Aurora have a good vision that's for sure.

I actually liked the look of Harvest One, so I took a punt.
 
Do you think its still good to buy pot stocks right now? I keep waiting for them to drop a bit to buy more, but they just keep going up.
 
Do you think its still good to buy pot stocks right now? I keep waiting for them to drop a bit to buy more, but they just keep going up.

That's a choice you got to make dude. How much of a success do you think the pot market is going to be in 5-10-15years time?

Its inevitable that it's going to be successful, it's just a matter of which companies are going be around. There are far too many companies out there (and more popping up daily) for them all to make it.
 
Agreed. I have already exceeded my expectations of return and hasn't even gone on sale yet. Personally I like HMMJ. Kind of covers all the bases.
 
What is your guys opinion of the best Canadian bank to invest in at the moment?

Friend of mine (who also manages my portfolio) is an investment banker for a private firm, he said RBC.. I have a few shares of them


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Friend of mine (who also manages my portfolio) is an investment banker for a private firm, he said RBC.. I have a few shares of them


Sent from my iPhone using Tapatalk
I agree RBC is a great bank. Some people say banks are expensive, but others say they are actually cheap because they are so successful and make there dividend target almost every time. What do u guys think?
 
I agree RBC is a great bank. Some people say banks are expensive, but others say they are actually cheap because they are so successful and make there dividend target almost every time. What do u guys think?

They pay great dividends and are very reliable. They're all pretty good. I'd go with RBC or Scotia if it was my money.
 
I see the CEO of Canopy growth is getting into tech. Not sure how to post the link, but his new venture looks pretty good. Here is the stock letters. MTLO. Let me know what you guys think.
 
Pot stocks have taken a beating the past couple days. Are you guys hanging on to them or selling?
 
Pot stocks have taken a beating the past couple days. Are you guys hanging on to them or selling?
its just people taking profits and shorters making some money. These are opportunities to increase your holdings. I'm holding long, dont have time to play the peaks and valleys day trader style. This sector is very volatile right now and is not for the weak at heart. if youre not day trading then dont look at your portfolio everyday. check on it here and there and buy more with these types of opportunities. But do your own due diligence. I am not offering advice one way or the other. This is still a very young sector and will be volatile for a while. Once in a generation opportunity as fas as im concerned.

“Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.”

“If you aren’t thinking about owning a stock for 10 years, don’t even think about owning it for 10 minutes.”

"Be fearful when others are greedy and greedy when others are fearful."

-Warren Buffet
 
There are lots of good resources out there now to learn lots. I like reading but Youtube is pretty good too. Reading wise I'd honestly recommend reading a 'investing for beginners' book first to get a good general idea of the concepts and different investment vehicles that are available to you. If you haven't already read 'Rich Dad Poor Dad' by Robert Kiyosaki that should probably be your starting point ... it's considered one of the most influential books of all time when it comes to finance - and its easy to read.

As for investing in the stock market.. honestly I'd recommend a beginner gets started by investing in a good ETF - this is an exchange traded fund that is essential a mutual fund that is passively managed & traded as a stock..very low management fees (Vanguard ETF's are between 0.04 - 1.0%). You can pretty much capture a piece of any market and also get ETFs that track major indexes.

If you haven't done so already definitely get a TFSA opened up, you can have a trading TFSA which is pretty cool.

If you have any more questions, fire away!

Could you post a link to the version you're talking about, there's plenty of them and i don't know wich one is the good one, or at least the one you're talking about..
 
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