09-20-2021, 10:12 AM
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#3241
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Franchise Player
Join Date: Sep 2005
Location: Toronto, Ontario
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What’s going on with the market today? Taken almost a 3% hit today which is abysmal.
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09-20-2021, 10:22 AM
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#3242
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Franchise Player
Join Date: Sep 2009
Location: Calgary
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A Major Chinese real estate company is in debt trouble.
__________________
Pylon on the Edmonton Oilers:
"I am actually more excited for the Oilers game tomorrow than the Flames game. I am praying for multiple jersey tosses. The Oilers are my new favourite team for all the wrong reasons. I hate them so much I love them."
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The Following User Says Thank You to IliketoPuck For This Useful Post:
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09-20-2021, 10:29 AM
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#3243
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Franchise Player
Join Date: Sep 2005
Location: Toronto, Ontario
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Quote:
Originally Posted by IliketoPuck
A Major Chinese real estate company is in debt trouble.
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I really should look it up myself, but I’ll ask the lazy question - synopsis, amd why is it affecting the entire market like this?
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09-20-2021, 10:29 AM
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#3244
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Franchise Player
Join Date: Sep 2009
Location: Calgary
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__________________
Pylon on the Edmonton Oilers:
"I am actually more excited for the Oilers game tomorrow than the Flames game. I am praying for multiple jersey tosses. The Oilers are my new favourite team for all the wrong reasons. I hate them so much I love them."
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09-20-2021, 10:40 AM
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#3245
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Franchise Player
Join Date: Aug 2005
Location: Memento Mori
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Quote:
Originally Posted by fleury
I really should look it up myself, but I’ll ask the lazy question - synopsis, amd why is it affecting the entire market like this?
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Uncertainty makes stocks go downer.
I'm sure there'll be some Chinese propaganda coming out soon to assuage the situation.
Oh yeah:
BUY MORTIMER BUY!
__________________
If you don't pass this sig to ten of your friends, you will become an Oilers fan.
Last edited by Shazam; 09-20-2021 at 10:42 AM.
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09-20-2021, 10:57 AM
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#3246
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Lifetime Suspension
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Market tank= opportunity. What I can never figure out is if the drop is a 1 day deal or 2-3 days of pain. I'm about 50% on that prediction.
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09-20-2021, 11:17 AM
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#3247
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Powerplay Quarterback
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Most major cryptocurrencies have taken 10+% hair cut.
Sent from my Pixel 5 using Tapatalk
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09-20-2021, 11:17 AM
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#3248
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First Line Centre
Join Date: Feb 2014
Location: Uzbekistan
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Good buying opportunity today
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The Following 2 Users Say Thank You to Johnny199r For This Useful Post:
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09-20-2021, 11:20 AM
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#3249
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First Line Centre
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Quote:
Originally Posted by Johnny199r
Good buying opportunity today
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Yup, good buying opportunity. But 3% dip is nothing in the grand scheme of things.
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09-20-2021, 11:27 AM
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#3250
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Lifetime Suspension
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Some stocks are pushing near 10% loss. Lucid is up slightly.
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09-20-2021, 11:40 AM
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#3251
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Franchise Player
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Quote:
Originally Posted by Johnny199r
Good buying opportunity today
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I think this will continue a little longer. Nothing wrong with buying a little, but no need to jump in too aggressively.
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09-20-2021, 11:55 AM
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#3252
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Franchise Player
Join Date: Aug 2005
Location: Memento Mori
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All in on pumpkin futures.
__________________
If you don't pass this sig to ten of your friends, you will become an Oilers fan.
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09-21-2021, 09:39 AM
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#3253
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Farm Team Player
Join Date: Apr 2007
Exp: 
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What happened to NFI yesterday?
Supply chain issues, but a 20% drop seems overblown.
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09-21-2021, 11:00 AM
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#3254
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Franchise Player
Join Date: Aug 2012
Location: Seattle, WA/Scottsdale, AZ
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Quote:
Originally Posted by monkey brewery
What happened to NFI yesterday?
Supply chain issues, but a 20% drop seems overblown.
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Chip shortage leading to a cut in production.
__________________
It's only game. Why you heff to be mad?
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09-22-2021, 08:44 AM
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#3255
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First Line Centre
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Markets rebounded slightly today. The 3% fall on Monday was simply a good buying opportunity.
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09-22-2021, 09:35 AM
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#3256
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Franchise Player
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Quote:
Originally Posted by Izzle
Markets rebounded slightly today. The 3% fall on Monday was simply a good buying opportunity.
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I am not convinced (depends what you are looking at of course but) the rebound we are seeing right now is just consolidation - it hasn't started to fill the gap from Monday yet. IMO, we're going lower from here.
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09-22-2021, 09:50 AM
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#3257
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Norm!
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missed out on Disney yesterday.
but worth a watch with their current subscriber issues.
__________________
My name is Ozymandias, King of Kings;
Look on my Works, ye Mighty, and despair!
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09-22-2021, 03:25 PM
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#3258
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First Line Centre
Join Date: Oct 2010
Location: Deep South
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This might be the wrong thread since everyone in here is an active trader, but I figured the knowledge here would be a good place to start.
In short, I'm looking for a new place to invest my money.
I am currently with TD's mutual funds, using their eSeries products, but some of them are getting discontinued and TD is getting progressively more annoying over the years when I try to do anything (every time I buy more funds with them right now they continually try to contact me and tell me to come to the branch to discuss my "profile"). I know mutual funds are more expensive so I'm looking to move to ETFs now. I have very few transactions - less than 10 per year at most. My transactions are either to buy some more funds, usually in lumps of $5k - $10k, or to sell in order to fund a big purchase in my life, like a car or home renos. I've been rebalancing my investments by slightly altering my purchases over time.
Suggestions for the best place to do this? I wouldn't mind staying at TD since my other money is already there, but not sure if there are options where they are less involved and I can just manage things myself? Are Weathsimple or Questrade reasonable options? Just not sure where to go.
__________________
Much like a sports ticker, you may feel obligated to read this
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09-22-2021, 03:28 PM
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#3259
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Franchise Player
Join Date: Mar 2015
Location: Pickle Jar Lake
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Questrade has worked well for me. You can use their robo advisor platform for fire and forget investing. The advisor balances several etf's based on your stated risk level. You can have separate normal trading accounts if you want to dabble a bit.
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The Following 3 Users Say Thank You to Fuzz For This Useful Post:
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09-22-2021, 03:36 PM
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#3260
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First Line Centre
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Quote:
Originally Posted by mrkajz44
This might be the wrong thread since everyone in here is an active trader, but I figured the knowledge here would be a good place to start.
In short, I'm looking for a new place to invest my money.
I am currently with TD's mutual funds, using their eSeries products, but some of them are getting discontinued and TD is getting progressively more annoying over the years when I try to do anything (every time I buy more funds with them right now they continually try to contact me and tell me to come to the branch to discuss my "profile"). I know mutual funds are more expensive so I'm looking to move to ETFs now. I have very few transactions - less than 10 per year at most. My transactions are either to buy some more funds, usually in lumps of $5k - $10k, or to sell in order to fund a big purchase in my life, like a car or home renos. I've been rebalancing my investments by slightly altering my purchases over time.
Suggestions for the best place to do this? I wouldn't mind staying at TD since my other money is already there, but not sure if there are options where they are less involved and I can just manage things myself? Are Weathsimple or Questrade reasonable options? Just not sure where to go.
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Disclosure: I'm with Questrade. I only buy ETFs.
Right now, I would probably recommend Wealthsimple cos buying and selling ETFs are free. With Questrade you'll have to pay when selling. WS mobile app is much nicer than QT, but QT is coming out with an upgrade soon.
Honestly, if you're just buying ETFs and holding long-term then you can't really go wrong with either. I personally believe that QT will eventually get rid of fees when selling ETFs so that they can compete with WS. But then again it's such a small fee, I wouldn't worry about it.
ETA: To Fuzz's point, roboadvisors are excellent too.
Last edited by Izzle; 09-22-2021 at 03:38 PM.
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