How is your stock portfolio doing?

[bcneil]

Well when the market was at the last bottom, we had endless threads about the world coming to an end .

Since March I guess, things have improved quite abit, for me anyways.
About $80,000 give or take.

How has everyone else done?
I have been sticking to the basics, index etfs, gold and oil.
Almost back even to pre-crash.

Even now, people I know that took every penny out of the market near the bottom, are now starting to re-enter the market

 

[Steve McQueen]

Down 28% not fun! Could takes years to recover.

 

[wess]

Well when the market was at the last bottom, we had endless threads about the world coming to an end .

Since March I guess, things have improved quite abit, for me anyways.
About $80,000 give or take.

How has everyone else done?
I have been sticking to the basics, index etfs, gold and oil.
Almost back even to pre-crash.

Even now, people I know that took every penny out of the market near the bottom, are now starting to re-enter the market

So your not +80,000 right. Your 80,000 out of the hole. I am beating all the averages and I sell everything that goes above the my buy price after commision. Except Goldcorp.

Just wait till this fall, everything will come crashing down again. Interest rates will rise. There is no bottom till interest rates rise. Ben Bernanke is a Keynesian fool, his policies make no sense. The world will come to an end when China quits buying US bonds and interest rates go above 6 or 7%.

 

[bcneil]

So your not +80,000 right. Your 80,000 out of the hole. I am beating all the averages and I sell everything that goes above the my buy price after commision. Except Goldcorp.

.

yes $80,000 out of the hole. Like peak value in summer 2008 $320,000, down to $225,000 at the lowest, back to $305,000 as of today.

I also have a large stake in goldcorp, but have been in and out a few times.
Oil and pretty much everything else is getting overpriced imho.

 

[wess]

yes $80,000 out of the hole. Like peak value in summer 2008 $320,000, down to $225,000 at the lowest, back to $305,000 as of today.

I also have a large stake in goldcorp, but have been in and out a few times.
Oil and pretty much everything else is getting overpriced imho.

I cant wait till I have as much $$$$ in my account as you. Oil is overpriced but natural gas is underpriced. It is screwing me up because some of the income trusts are heavier in nat gas then oil so they are not going up ver much. Enerplus resorces is heavy on nat gas so I am only breaking even despite the rally. Huge dividend though

 

[emilioa4]

hey guys. wow this sounds pretty impressive. i was thinking about trying to get into the stock markets, make a little bit of money for myself. any of you have advice for a rookie trying to get his foot in the door. keep in mind i dont have a lot to start with, little bit at a time. any help would be appreciated.

 

[FunSugarDaddy]

hey guys. wow this sounds pretty impressive. i was thinking about trying to get into the stock markets, make a little bit of money for myself. any of you have advice for a rookie trying to get his foot in the door. keep in mind i dont have a lot to start with, little bit at a time. any help would be appreciated.

Best thing to have done was to have gotten into the market a few months ago.

You should start with the basics. How much in equities verse how much in bonds and other safe investments. Rarely should you ever put your eggs into one basket.

But if you're young, and in it for the long term, you might want to consider dollar cost averaging into the market. That is with your equity portion of your portfolio. Personally I'd lean toward emerging market, (ie Brazil, Russia India China etc (Also known as BRIC,) Having said that of the four Russia is having fairly significant problems so you may wish to exclude Russia from this group. But in general, this is where future growth lies and perhaps focus on a Canadian dividend etf for exposure to Canadian equities.

From a tax planning perspective best to have your fixed income inside your RRSP and your equities outside. Might also want to take advantage of the $5,000 TFSA.

 

[emilioa4]

wow that was quite the reply. thanks for the help, i will definitely use some of this intel.

 

[FunSugarDaddy]

wow that was quite the reply. thanks for the help, i will definitely use some of this intel.

No problem. I get to yap about this topic for a living so I obviously enjoy the subject.

One thing to note a diversified portfolio between bonds/GIC's/Stocks was especially important over the last year. This diversification would have prevented significant losses and just as importantly would have made investors less likely to panic when things were at their worst. (ie first week of March)

Something the hardest thing to do when stocks are falling is to do nothing, but often it's the correct choice to make, because as history shows, when they recover they tend to do so quickly and unexpectantly.

Anyway, enough preaching...good luck to you.

 

[wess]

hey guys. wow this sounds pretty impressive. i was thinking about trying to get into the stock markets, make a little bit of money for myself. any of you have advice for a rookie trying to get his foot in the door. keep in mind i dont have a lot to start with, little bit at a time. any help would be appreciated.

Focus on nothing but dividend yield. Buy only divided yielding stock in quality companies. Preserve your capital rather then gamble it on growth companies.