Anyone investing heavily this year??

How much money did you lose/gain this past week?


  • Total voters
    30
  • Poll closed .
Gotcha, thanks! I'm personally going to wait, however, you're not enticed
by the 30 for 1 shares they're offering? I have to admit, it's pretty tempting.

I think you mean 20 to 1.
The market is all over the place now, I want the cheapest price I can get.
People screaming SALE! but I am not sure where the market will be in the next 6 months.
I am not in a rush to buy any new stocks now.
 
its couple of ways u can play it, before the split, catch the runup and sell, and then buy back after the split pullback.

Def.

And for long-term holders, like others have said: there isn't much difference except that there are more shares.

But for traders, I believe it makes a HUGE difference because it will change the buying behavior and the options prices..
 
Are you an ARKK holder? Been debating whether I should sell or not....My science background is telling me to hold though

Nope. I got out of ARKK in the 130's. I was down a bit, but cut losses.

Same.

At one point I had an ARK fund in each portfolio. I was trying to hold long term but felt like (a) they kept selling shares of the companies that I had the highest conviction in, within the fund(s); and (b) I was able to get to a point where I felt better holding those higher convictions as individual shares INSTEAD of an entire fund where I need all the companies to win.
 
I think we are all learning hype hurts. Make sure the companies you buy are providing (and delivering) a legit service/product. Everything else is vaporware.

Amazon was only able to fudge their eps last quarter because they used Rivian's value when it was over $100, it's going to be a blood bath for them next quarter.
 
Talked to the financial advisor on the follow-up call earlier this past week, and as discussed previously, he invested the $8500 RRSP contribution that was sitting in cash to the existing & maturing GIC in the portfolio. Combined it came to just under $27,600.

Did my taxes yesterday using Wealth Simple. It was interesting watching the numbers on the side column. Initial refund was to be for only $43.

Then I processed the $8500 RRSP contribution and it jumped to a $2440 refund.

Then added in some of my T5s (Statement of Investment Income) on some of the other GICs and savings outside of the tax-sheltered RRSP portfolio.

Dropped the expected tax refund down to $1944 which should be auto-deposited in a week or two. Last year's refund was nearly the same. Also contributed $8500 at that time. Whereas a handful of years before I only added in 2000 - 3000 some years.

As noted earlier in the thread ... probably just use that to put towards re-investing, or paying off upcoming bills like car insurance (May) & home insurance (June).
 
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