Great advice about the segregated "cash" fund and explanation of the Japanese monetary effect. I really enjoy your presentation style. I used to be mostly passive couch potato investor and I generally did fine as long as I didn't get suckered in buying stocks or into market segments I didn't fully understand. These days I have more discretionary time to follow the markets cues and probably am a little more of a semi-active investor. I find it interesting listening to all the analysts that seem to generate more noise than useful information and have generally found you should probably do the polar opposite of what most folks tell you to do. Imho If your responding to a market correction for better or for worse its too late and you will likely get hurt. With that said I took profits 3 weeks ago, as the market felt expensive and I shifted a substantial percentage of my portfolio to "cash", thinking an event like yesterday was overdue. Without any panic selling or buying it was nice to have the opportunity to pick up some nice deals that I had on my target list this morning. The market is still a little too warm so I still have some cash put aside and at least now my positions will have a slightly shorter fall when the next inevitable dip happens. 🙂
Nope. I put in a fair amount over a year ago but I am barely breaking even. Different market sectors are in bubbles, might opt out of stocks entirely if it crashes
Exiting the stock market due to fears of a crash may not be wise. Rather, it's advisable to identify profitable niches within sectors that offer a balance of growth and value over time. Often, consulting a CFA for a tailored strategy is the most effective approach, considering your unique situation and goals. This approach helped me in '22 following the tech drop, and my portfolio has just exceeded the 1 million mark! Currently, I am looking at buying precious metals. Good stuff!
@vanillacherrybread7811 I’m trying to get an advisor for guidance but it’s harder than you think. Anyone who is fee-based is hard to find and usually have a heavy workload. Would you be comfortable sharing a recommendation if it’s not too much trouble
Oh very well then, conducting due diligence on Lina Dineikeine should suffice. She has established a notable reputation over time, and her system is acclaimed for its outstanding quality. Good woman!
Thank you for the video. I have a stupid question, how those carry traders can have loans from Japan or they are Japanese? get the loans and buy in other markets?
In the CURRENT market conditions (December 5, 2024), should I be moving cash from low interest acct to GIC or Bonds. A sizable gic just finished maturing days ago. My equity funds will remain untouched.
will you please answer me this question. The last two days I lost over 10,000 I am wondering is it to late to withdraw some cash from my accounts to take me through the next year say or is it not a good idea now that the market has already went down a fair bit. I am so new to all this! I only need about 10 thousand to get me through the year. I live very cheaply :) and comfortable!
Thank you for that simplied explanation on how people or companies borrow at the cheapest rate and then dump their portion to equalize their debt position and make everyone else panic. I always stockpile money for these times to better position my portfolio. Thank You
Great advice about the segregated "cash" fund and explanation of the Japanese monetary effect. I really enjoy your presentation style.
I used to be mostly passive couch potato investor and I generally did fine as long as I didn't get suckered in buying stocks or into market segments I didn't fully understand. These days I have more discretionary time to follow the markets cues and probably am a little more of a semi-active investor. I find it interesting listening to all the analysts that seem to generate more noise than useful information and have generally found you should probably do the polar opposite of what most folks tell you to do. Imho If your responding to a market correction for better or for worse its too late and you will likely get hurt. With that said I took profits 3 weeks ago, as the market felt expensive and I shifted a substantial percentage of my portfolio to "cash", thinking an event like yesterday was overdue. Without any panic selling or buying it was nice to have the opportunity to pick up some nice deals that I had on my target list this morning. The market is still a little too warm so I still have some cash put aside and at least now my positions will have a slightly shorter fall when the next inevitable dip happens. 🙂
Great Buying opportunities today. Embracing pullbacks and correction is key. This is where the money is made!
Nope. I put in a fair amount over a year ago but I am barely breaking even. Different market sectors are in bubbles, might opt out of stocks entirely if it crashes
Keep it simple, buy things you understand, take some risk but don't try to shoot the lights out.
Exiting the stock market due to fears of a crash may not be wise. Rather, it's advisable to identify profitable niches within sectors that offer a balance of growth and value over time. Often, consulting a CFA for a tailored strategy is the most effective approach, considering your unique situation and goals. This approach helped me in '22 following the tech drop, and my portfolio has just exceeded the 1 million mark! Currently, I am looking at buying precious metals. Good stuff!
@vanillacherrybread7811 I’m trying to get an advisor for guidance but it’s harder than you think. Anyone who is fee-based is hard to find and usually have a heavy workload. Would you be comfortable sharing a recommendation if it’s not too much trouble
Oh very well then, conducting due diligence on Lina Dineikeine should suffice. She has established a notable reputation over time, and her system is acclaimed for its outstanding quality. Good woman!
Very interesting, thanks!
When market is down is it a good time to buy RRSP for next year 2025 thanks great videos
Thank you for the video. I have a stupid question, how those carry traders can have loans from Japan or they are Japanese? get the loans and buy in other markets?
In the CURRENT market conditions (December 5, 2024), should I be moving cash from low interest acct to GIC or Bonds. A sizable gic just finished maturing days ago. My equity funds will remain untouched.
will you please answer me this question. The last two days I lost over 10,000 I am wondering is it to late to withdraw some cash from my accounts to take me through the next year say or is it not a good idea now that the market has already went down a fair bit. I am so new to all this! I only need about 10 thousand to get me through the year. I live very cheaply :) and comfortable!
What crash? The DJIA is up 100 pts in the last 30 days.
😊
Good video and advice. Low frequency noise occurs when you place hands on keyboard or desk.
Thanks for letting me know.
I thank the market for putting everything on sale, and go shopping!
Thank you for that simplied explanation on how people or companies borrow at the cheapest rate and then dump their portion to equalize their debt position and make everyone else panic. I always stockpile money for these times to better position my portfolio. Thank You