Sens Lounge: "Pleeease won't you be.....my neighbour"

[Stylizer1]

In what industries are you investing in?

I don't have investments now as there's too many things we need to spend money on right now like pay off cars or buy back pension or buyout this water heater rental,etc. all these things were losing money on.

i was investing in finance, tech, and lithium/battery/EV technology.

Had companies like:

Microsoft
Google
Apple
CIBC
Visa
MasterCard
Cameco
NexGen
American lithium
Evolve automobile
Berkshire Hathaway
Broadcom

Just to name a few. Some loss in the 2020-2024 timeline, but most gained, and some gained by a lot.

Once I had 2-3k I would buy as many stocks in a certain company, and while saving up the next 2-3k would do a lot of reading to figure out what the next good buy might be. And every other purchase was like a big mega known company that I see as generally safer.

I don't love you anymore.

 

[jbeck5]

I don't love you anymore.

I don't love your style, izer! 1 love.

 

[thinkwild]

Look whats happening to The Bay right now. In 2008 the Hudson Bay Company was bought by NRDC Equity Partners, LLC.

"NRDC's current portfolio includes two of the leading companies in their sectors, Hudson's Bay Company (HBC) and Retail Opportunity Investments Corporation (ROIC).

HBC is a holding company that owns and manages over 57,000,000 square feet (5,300,000 m2) of retail properties located in Canada and the U.S. through its two main divisions:

Hudson's Bay – operates over 80 department stores across Canada
Saks Global – operates various department stores and outlet stores in the U.S., including:
Bergdorf Goodman
Neiman Marcus
Neiman Marcus Last Call
Saks Fifth Avenue
Saks Off 5th

NRDC formed its real estate investment trust portfolio company, ROIC, through a public equity raise of $414 million completed in October 2009. ROIC focuses on acquiring and growing high quality shopping centers. It has invested over $200 million and has completed/announced 14 transactions as of September 2010.

NRDC owned Lord & Taylor from 2006 to 2019, operating 50 department stores and four outlet centers located in the U.S. The sale of the chain to Le Tote Inc. was announced in August 2019. Home Outfitters, another subsidiary, operated 69 kitchen, bath, and bed superstores across Canada until closing in 2019."

They were never interested in the brand just the real estate.

The media landscape(news, music, movie etc.), Automotive,(Stelantis), Honda and Nissan Merger(were in talks to become the 3rd largest car maker).

Only 10 companies control almost every large food and beverage brand in the world. These companies — Nestlé, Pepsico, Coca-Cola, Unilever, Danone, General Mills, Kellogg's, Mars, Associated British Foods, and Mondelez.

Who is the major owner of Coca-Cola? Largest shareholders include Berkshire Hathaway Inc, Vanguard Group Inc, BlackRock, Inc., State Street Corp..... all investment conglomerates.

But we have to foot the bill for carbon? This is the reality, this is globalism and these are the people selling us climate change.

Well aside from the fact that we arent really footing a bill for carbon as much as being incented to change away from it and start the new economy and most of us were making money from the rebate in what was originally a conservative value proposition.

But its the idea that you looked at those 10 companies and attributed the problem as globalization. Im not even sure what that is supposed to mean exactly and what is intended as the alternative. But that more to me looks like the natural result of unregulated capitalism. Of trans national corporations benefiting from a lack of regulation, tax laws, and anti trust laws perhaps. If you want to fight globalization, which for Canada seems a particularly bad idea, i think you will have to regulate capitalism a lot better.

 

[Cosmix]

This has nothing to do with investing. You're just complaining to complain.

When it comes to the stock market, there are proven winning strategies....people just don't like the idea of potentially taking a step back even if it means taking a step forward.

I remember the first time I invested. I had saved up like 20k and it went down to like 16k in 2 weeks. People are scared of that. that was the equivalent of 2 months worth of salary for me. Gone. Without doing anything.

My dad said "relax. Sit tight. That's all part of it"

And it went up...and then down...like 8-10 months later I break even back to 20 grand. Thinking "well it's just gone up for a while so it will probably go back down...what a waste. I should have had it in a 2% savings account or 6% GIC or whatever".

But sure enough, like always, the market goes up and up long term.

So after a year, what happens? Well, the trends of most is going up...and I've saved another 10k...so let's invest. Well, everything just generally kept going up and up and up....so after a couple years, that 30k turns into 45-50k.

Perfect timing, I'm looking for a house. Sell all. Made 15-20k on my 30k invested over 3 year period. The first year was just climbing out of a whole I made in the first month. I guess my initial timing was poor. If I invested a month later, I would have been up many thousands. Oh well lol.

The rule there is, invest as early as you can. Time in the market is more important than timing the market...because that's too risky. Can go either way...whereas time in the market is a proven climb.

Gotta watch out for falling into the "buy the big winners" approach. I did that for a while. I also diversify and buy foreign stocks. Now I buy and hold large successful companies' stocks via index funds. S&P500 index.

 

[jbeck5]

Gotta watch out for falling into the "buy the big winners" approach. I did that for a while. I also diversify and buy foreign stocks. Now I buy and hold large successful companies' stocks via index funds. S&P500 index.

That's why you diversify. Don't put all your eggs in one basket so to speak. If you're buying individual stocks, try to make sure you have over a dozen different ones if not more, so if anything goes south, it's not a big deal.

Would take a total world wide collapse for all of Amazon, google, apple, Microsoft, MasterCard, visa, etc to all go down big time. One may go down...or they may all go down slightly short term, but over several years, those major players will collectively go up even if one loses.

 

[frightenedinmatenum2]

My grandpa sold his nest egg in 2008 after the crash. FML.

 

[FunkySeeFunkyDoo]

Gotta watch out for falling into the "buy the big winners" approach. I did that for a while. I also diversify and buy foreign stocks. Now I buy and hold large successful companies' stocks via index funds. S&P500 index.

Buy and hold the S&P 500 index is the correct approach for the vast majority of people.

 

[Stylizer1]

Well aside from the fact that we arent really footing a bill for carbon as much as being incented to change away from it and start the new economy and most of us were making money from the rebate in what was originally a conservative value proposition.

But its the idea that you looked at those 10 companies and attributed the problem as globalization. Im not even sure what that is supposed to mean exactly and what is intended as the alternative. But that more to me looks like the natural result of unregulated capitalism. Of trans national corporations benefiting from a lack of regulation, tax laws, and anti trust laws perhaps. If you want to fight globalization, which for Canada seems a particularly bad idea, i think you will have to regulate capitalism a lot better.

The world is getting smaller and these conglomerates are forcing the world through a funnel that they will control. What made the west strong was producing, that's what gave us a strong middle class. All of those industries I listed are all in on consolidation a power, they just keep getting bigger and bigger. Look at how much Canada regulates capitalism, we do it so much that we lose everything. When we lose the likes of a Canadian Tire, Loblaws, Home Hardware, Air Canada etc, those footprints which distinguish us from the US will leave us as a client state with no power as a sovereign country. Hello 51st state.

Unregulated capitalism of trans national corporations benefiting from a lack of regulation, tax laws, and anti trust laws is what globalization requires, tariffs get in the way of that. Before 1947 tariffs were what made the west an economic power. Post the General Agreement on Tariffs and Trade (GATT) globalism became a capitalists dream because it removed all of the trade barriers.

There is only so much wealth to go around and "Climate Change" prevents nations from reaching their true potential. The countries/corporations/people who benefited and divided the world up and are responsible for third world conditions do not want developing economies to reap the benefit of cheap energy.

 

[Cosmix]

One approach is to allocate your investments using an asset allocation approach. The Canadian Couch Potato site lists some options:

ETF Portfolios - Canadian Couch Potato | Canadian Couch Potato

These all in one ETF portfolios by Canadian Couch Potato are the best solution for the vast majority of DIY investors. Learn more.

canadiancouchpotato.com

 

[Big Muddy]

Buy and hold the S&P 500 index is the correct approach for the vast majority of people.

Like SPY which is an S&P 500 index ETF. Really can’t go wrong with that one if you hold it for many years. An investor can do other things to supplement but this should be a core one. (note U.S. content).