OT: Lets talk about stocks (Part 3)

[Naslundforever]

my phone right now… have not seen a drop like this ouch my retirement

 

[waffledave]

how do you expect tech companies like Apple to bounce back knowing everything they sell just got a lot more expensive to produce?

and iPhone sales were already trending downwards btw

Apple iPhone Sales Hit 6-Year Low As Percentage Of New Activations

Apple’s share of new smartphone activations just hit a six-year low as a percentage of new sales in the U.S., according to research firm ...

www.forbes.com

Apple as a company straight up doesn't work with these tariffs in place. The margins aren't there.

 

[LaP]

my phone right now… have not seen a drop like this ouch my retirement

View attachment 1005604

Well as long as you retire after WW3 you should be fine just hold.

 

[Naslundforever]

Well as long as you retire after WW3 you should be fine just hold.

yeah… A few rebounds took a number of years but even the worst dips came back. Half my$ is Blackrock so if they lose everything we have worse problems I figure. I dusted off my old musket and ordered Uber eats I’m ready.

 

[ExReHabs]

Who is brave enough to buy the dip tomorrow?

 

[Frank Drebin]

Who is brave enough to buy the dip tomorrow?

I wonder if there will be a dip tomorrow. Sold off pretty darn hard today, maybe oversold a bit?

 

[Non Player Canadiens]

Well as long as you retire after WW3 you should be fine just hold.

hey now, it might not get WW3 bad, it might only get Great Depression bad! silver lining.

 

[Sasha Orlov]

 

[QuebecPride]

Who is brave enough to buy the dip tomorrow?

I bought the dip today ngl

 

[Sasha Orlov]

I bought the dip today ngl

Damn it’s over for you dude

 

[Lafleurs Guy]

how do you expect tech companies like Apple to bounce back knowing everything they sell just got a lot more expensive to produce?

and iPhone sales were already trending downwards btw

Apple iPhone Sales Hit 6-Year Low As Percentage Of New Activations

Apple’s share of new smartphone activations just hit a six-year low as a percentage of new sales in the U.S., according to research firm ...

www.forbes.com

That’s assuming tarriffs stay in place long term. If they don’t, then those stocks should bounce back pretty nicely.

I just don’t see how those tariffs can last. They’re cratering the economy.

 

[MD thaivuN]

Thanks for that. I like XEI and will be buying.

Any CDN dividend stocks worth adding?

as far as individual stocks go, I've been going the route of landlording through REITs like PMZ-UN and REI-UN.

Again you get monthly dividends with REITs. And then Canadian REITs in general have been mostly remained undervalued since COVID. A lot of Canadian REITs are pretty much already at or are close to their 5 years bottom despite cash flow going in the positive direction; so i think it's a really good time to load up on REITs and accumulate more shares through DRIP while stock prices are low.

 

[Leto]

Well as long as you retire after WW3 you should be fine just hold.

I for one look forward to being sent to the meat grinder/trenches. My luck man, I graduated from engineering school exactly as the pandemic hit in winter 2020. Now I am set to finish graduate school in a shit global economy .​

 

[Naslundforever]

I for one look forward to being sent to the meat grinder/trenches. My luck man, I graduated from engineering school exactly as the pandemic hit in winter 2020. Now I am set to finish graduate school in a shit global economy .​

Sucks, sorry. If it’s any consolation the way it’s going we’re all going back to school for another 40 year run trying to retire. Thank goodness we die eventually and don’t need money so we’ll be fine.

 

[canucklover123]

how do you expect tech companies like Apple to bounce back knowing everything they sell just got a lot more expensive to produce?

and iPhone sales were already trending downwards btw

Apple iPhone Sales Hit 6-Year Low As Percentage Of New Activations

Apple’s share of new smartphone activations just hit a six-year low as a percentage of new sales in the U.S., according to research firm ...

www.forbes.com

Ya fair questions. The quick answer is, I always believed APPL to be the leader of the markets. When APPL had a bad day, all stocks do.

On a more concise front, APPL owns a significant portion of their supply chain versus other tech companies, less reliance on external suppliers. It has a good balance sheet cash wise to absorb costs, it works on a significant larger profit margin on its product line versus other companies allowing it to again take a hit. Lastly, little underrated, it has pretty strong lobbying efforts and influence, it’s to me the voice of tech.

I also just don’t believe tariffs will a longstanding thing but that could me just being dumb ; who knows. I am young enough to wait this one out.

 

[QuebecPride]

Damn it’s over for you dude

lol, you've been investing for how long exactly?

 

[Sasha Orlov]

lol, you've been investing for how long exactly?

That’s personal

 

[rickthegoon]

I never comment on this topic,for the simple fact that I have zero financial notions; but my son who’s a m&a specialist financial advisor told be last fall before the US elections that he was selling almost all his tech portfolio in exchange for gold. I guess he is smart

 

[Runner77]

my phone right now… have not seen a drop like this ouch my retirement

View attachment 1005604

Depends on your retirement window. I have an emergency fund in case something happens. I buy nothing on margin and only use money I can leave in there for the long term. Obviously no one knows where the bottom is or even if too much exposure to the US stock market is a good thing but I’d rather be in the market than not at all.

 

[Runner77]

I never comment on this topic,for the simple fact that I have zero financial notions; but my son who’s a m&a specialist financial advisor told be last fall before the US elections that he was selling almost all his tech portfolio in exchange for gold. I guess he is smart

Now you tell us.

How about what he’d do now?

 

[Lafleurs Guy]

I never comment on this topic,for the simple fact that I have zero financial notions; but my son who’s a m&a specialist financial advisor told be last fall before the US elections that he was selling almost all his tech portfolio in exchange for gold. I guess he is smart

There was a massive bump after the election. Stocks have fallen to pre-election levels now... Hopefully he caught the bump before selling.

 

[Non Player Canadiens]

That’s assuming tarriffs stay in place long term. If they don’t, then those stocks should bounce back pretty nicely.

I just don’t see how those tariffs can last. They’re cratering the economy.

yeah, have you ever seen That Man to back down from anything? doubling down is the only move left in his playbook nowadays.

as far as individual stocks go, I've been going the route of landlording through REITs like PMZ-UN and REI-UN.

oof, investing in general can be problematic but REITs are downright evil man. contributed to the housing crisis, which in turn contributed to the current state of affairs we find ourselves in.

 

[Runner77]

as far as individual stocks go, I've been going the route of landlording through REITs like PMZ-UN and REI-UN.

Again you get monthly dividends with REITs. And then Canadian REITs in general have been mostly remained undervalued since COVID. A lot of Canadian REITs are pretty much already at or are close to their 5 years bottom despite cash flow going in the positive direction; so i think it's a really good time to load up on REITs and accumulate more shares through DRIP while stock prices are low.

Thx again for your reply. I don’t know much about REITs but am willing to look into them further. I would not know which ones to target.

Also, I’ve been mostly buying ETFs and stocks out of a cash account (I have some capital losses from years ago so I’d like to eventually realize capital gains to offset).

I’ll open a TFSA account for my dividend stock and dividend ETF purchases.

If you have further REITs to look into, I’ll gladly put in time to research. I would prefer more established vehicles to limit my risk and make it easier to pull out my investment eventually.

 

[MD thaivuN]

yeah, have you ever seen That Man to back down from anything? doubling down is the only move left in his playbook nowadays.

oof, investing in general can be problematic but REITs are downright evil man. contributed to the housing crisis, which in turn contributed to the current state of affairs we find ourselves in.

I mean you don't have to invest in housing REITs. For example, PMZ-UN is a shopping mall REIT, so it's collecting rent off stores in their malls. Just get a REIT that collects rent off businesses, . Tariffs or not, businesses still gotta pay their rent.

 

[Non Player Canadiens]

I mean you don't have to invest in housing REITs. For example, PMZ-UN is a shopping mall REIT, so it's collecting rent off stores in their malls. Just get a REIT that collects rent off businesses, . Tariffs or not, businesses still gotta pay their rent.

ah! didn't know that. i learned something today