On the first of the month the stock was $125. On January 28th, the stock was $105. At the beginning of the week the stock was $88.
Anyone investing heavily this year??
- Thread starter rph2005
- Start date
Short it, if you truly believe that.
I'm not doing any long positions for the next two months, shorts only. We know we will get some sell off next month when the feds raise rates, and Putin could start shit up again any day.
I wouldn't jump in until Nike reverses that decision, if they even do... Reason being, around 70% of FootLockers revenue comes from their sale of Nike kicks...
Nike is pusning direct to consumer so it doesn't look too good for footlocker.
What about Tesla , it dropped from $1k plus a share to $750 d
I have ordered 2 pairs about a year apart and never received them.
The Black and Blue pairs of Adapt BB 2.0
Wifey ordered the Blue's on Feb 8th for Vday and we're still dealing with that. I dont want a refund!!
Never received the black's, got a refund and ordered the Oreo BB's from stockx.
Wifey just said she will never order from Nike.com again!! They tying up $400+ just to give it back!! Da Fuck!!
I've had no issues from nike.com. Their direct to consumer was one of the main reasons for their high profit margin last quarter so i dont think they are going to stop.
Damn that sucks... I'm not sure why you're having that problem, that's actually the first time I've heard of any issues with Nike shipping
Tesla is a stock I watch, but never intend to play so I can't give an opinion on it
The Sneaker app is the fakest shit I’ve ever seen. You can’t buy sneakers on it, but you can pay a premium over at another website? Get the fuck outa here.
It will take over FB's headset. FB is DEAD
@playahaitian @HellBoy @DC_Dude @Madrox @Tdot_firestarta @Aww Skeet Skeet! @playboy_d @TENT @havelcok @Ceenote @Flawless
Just had a good conversation with my financial advisor at CIBC Wood Gundy. They had called me yesterday to check in, but I was busy during the day so I called them back this morning. They were just checking in re: the $8500 RRSP contribution they received last week, and a maturing GIC next week at just over $19,000 now.
I'm glad to be dealing with this person, compared to people I have dealt with in the past. They're calm and level-headed and just explain things that make sense. Zero pressure and just walking you through what they're doing. Updating my investor profile ... making sure I'm still comfortable at 90% medium risk, and 10% high risk. Talking about market volatility, the ongoing effects of the pandemic, and current political strife happening overseas. They asked me if I were to say drop to X amount in my portfolio this time next year, would I be in a panic? Would I be calling their investment center in a panic like - "That's it ... I want to cash out immediately. The hell with this!" Or would I continue to stay patient and eye the long-term end goal. I explained I was ok with unsteadiness, and that my real panic took place back in the 1st quarter of 2020 when things were really haywire, before eventually rebounding later in the year and into 2021. They thanked me for that & said they were under the impression I would stick things out. I asked them what they would do in my situation, and would it be wise to simply add the $8500 to the maturing 19k and re-invest into a GIC. They said they were on board with that - keeping things lower risk, as it only involves a modest portion of the portfolio. The rest still being medium to higher risk with retirement still a fair distance away around 2038 - 2040.
So overall, a good conversation at just under 15 minutes. They will call me back next week to discuss the next step after the GIC's maturity.
Just had a good conversation with my financial advisor at CIBC Wood Gundy. They had called me yesterday to check in, but I was busy during the day so I called them back this morning. They were just checking in re: the $8500 RRSP contribution they received last week, and a maturing GIC next week at just over $19,000 now.
I'm glad to be dealing with this person, compared to people I have dealt with in the past. They're calm and level-headed and just explain things that make sense. Zero pressure and just walking you through what they're doing. Updating my investor profile ... making sure I'm still comfortable at 90% medium risk, and 10% high risk. Talking about market volatility, the ongoing effects of the pandemic, and current political strife happening overseas. They asked me if I were to say drop to X amount in my portfolio this time next year, would I be in a panic? Would I be calling their investment center in a panic like - "That's it ... I want to cash out immediately. The hell with this!" Or would I continue to stay patient and eye the long-term end goal. I explained I was ok with unsteadiness, and that my real panic took place back in the 1st quarter of 2020 when things were really haywire, before eventually rebounding later in the year and into 2021. They thanked me for that & said they were under the impression I would stick things out. I asked them what they would do in my situation, and would it be wise to simply add the $8500 to the maturing 19k and re-invest into a GIC. They said they were on board with that - keeping things lower risk, as it only involves a modest portion of the portfolio. The rest still being medium to higher risk with retirement still a fair distance away around 2038 - 2040.
So overall, a good conversation at just under 15 minutes. They will call me back next week to discuss the next step after the GIC's maturity.
WOW!! Congrats!
Thanks DC. The advisor's style is definitely beneficial in their line of work. Gives you peace of mind.
Back in the spring & summer of 2020 it was pretty deflating & discouraging. Seeing the monthly statements and thinking - "I'm trying to do the right thing ... but WTF. This is my future. My retirement one day."
IF things had continued like that throughout 2020 into present ... I would have made smaller RRSP contributions in Feb. of 2021 and 2022. But I'm ok with the fluctuations. The ups and downs. Just as long as there's light at the end of the tunnel, so to speak. That there's optimism. And also having other accounts open with funds that are easily accessible. Just been procrastinating a bit with some funds sitting in a formerly "High Interest Savings Account" ... wondering where to move that stuff around. In previous years would just re-invest a couple of 50k GICs when they would mature (usually in June annually). Back when interest was "better".
Or back in the 90s and early-2000s ... CSBs (Canada Savings Bonds) and so on.
Outstanding! Bro, I like gearing good news like that especially for you.
That is the exact type of financial support I'm seeking.
Thanks Playa. Yeah - you know those kinds of phone calls wherein they aren't the most fun, but at the end of the call you feel as though you're just a bit more knowledgeable. That was one of those calls. The person you're talking to is well versed in their field, but putting the ball in your court.
Side note ... which banking or credit institutions do you primarily deal with?
For me ... Simplii Financial, Scotiabank, and CIBC Wood Gundy.
Previously ... ING Direct (now Tangerine), G&F (Gulf & Fraser) Credit Union, and CIBC Securities.
Thanks TENT.
One piece of advice I can offer is if anyone's looking for financial advice or advisement, find what methods work best for you. What type of advisor you want helping oversee your portfolio for you.
The difference between this advisor and the previous one some years back is night & day.
The previous person was robotic & low energy. Basically telling you what they're gonna do within your portfolio. Zero personality. Talking with them had me on edge and angry, to be honest. Like a bad experience with a realtor and I gave them attitude in return. The current person is the opposite - they're over in Toronto, but if they were local and here on the westcoast, I'd stop in to visit their office. It wouldn't feel like a chore. It would be a relaxed appt.
I’m starting a list of stocks related to the midterms, presidential, city and state politics. I’m sure Meta and Twitter will do well with advertising revenue. Maybe Fox News Co. If you were to build a watch list for stocks that will do well during this next cycle; which would you choose?
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