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11-17-2006, 08:43 PM
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#151 | | Marcosexual Fan Club, CEO
Join Date: Jun 2005 Location: US Bush-country
Posts: 7,741
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| Quote: Originally posted by ride_spinna
i have a question for ppl that are pretty experience dealing with stocks and the market
i have some money saved up in GICs right now earning around 3% interest
i know some stocks that have dividend yields of 4% to 4.5%. If the stock is a relatively "safe" company such as a bank, wouldnt putting my GIC money into that stock earn me more interest and better yet, in the long term if the stock price goes up, i make some money from selling the stock?
i'm aware that i get taxed on the dividend payment but still, wouldnt i better off with the stock rather than GICs? | Yes, but the stock price could also go down, which puts your initial capital at risk. If the dividend yield is 1-2% higher than the interest rate of your GIC, does that compensate you for the risk of the stock price going down?
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11-17-2006, 08:44 PM
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#152 | | Where's my RS Christmas Lobster?!
Join Date: Jul 2001 Location: vancouver
Posts: 879
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you can get 4% from a savings account at pc financial....
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11-22-2006, 02:27 PM
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#153 | | Banned (ABWS)
Join Date: Sep 2003 Location: Vancouver
Posts: 569
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It's good to see a thread like this on revscene. Here are some of my holdings that i am very bullish on:
HYD-X: energy service company in Alberta. Great growth and severely undervalued. The sector is out of favour right now so it is an excellent time to get in. current price: 1.58
RAM-X: "interactive" marketing firm out of Calgary. Very small (mkt cap is 5 million). Has grown consistenly YOY for a while now organically and through acquisition. Solid fundamentals.
MGO-X: Migao is a Chinese producer of potash fertilizer. They have solid balance and cash flow that is being used to nearly triple their production capacity by 2008. They are currently operating at capacity. Similar to HF (hangfeng). Just got in today.
EDV-T: Endeavour Mining Capital is a merchant bank in the mining sector. I wanted some exposure to the hot commodity sector and since i'm no expert in evaluating junior exploration and mining companies, this seemed like a good way to do so. I bought in last week. Has track record of outperforming commodity based indicies in Canada.
Last edited by WakeMeUp; 11-22-2006 at 08:11 PM.
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07-21-2007, 02:02 AM
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#154 | | I answer every Emotion with an emoticon
Join Date: May 2002 Location: pc
Posts: 7,554
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Bump this thread..
check out SOBM.ob.. moving well. Just had a good PR too. Looks like a solid pick.
Anyway..
What do you guys use to get instant email notification of PR's ? I want to get emailed the second a PR comes out for stocks i own and the only thing I can think of is using google alerts. Thing is the PR comes lke 10 hrs later hahah..
Any suggestions? I want my berry to beep when a PR hits so I can get a jump on other investors.
Last edited by bossxx; 07-21-2007 at 02:04 AM.
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07-21-2007, 06:12 AM
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#155 | | Where's my RS Christmas Lobster?!
Join Date: Apr 2006 Location: Richmond
Posts: 862
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| Quote: Originally posted by McDick
I don't recommand people to buy pennies stocks because they are very high in risks. Your chance to gain will be greater at casino rather than pennies stocks.
I do recommand oil services/drilling stocks! Here is some of my hot picks.
HYDL - $74.45
COP - $61.81
GRP - $43.74
MDR - $63.90
SPN - $31.08
**All prices as of May 25, 2006**
Most oil related stocks just took a major correction (20-30%) over the past 10 days. Is really a great time to buy any of them as the summer driving seasons starts on Memorial Day. When you combined with Iraq, Booming China fuel comsumption, and starts of Hurricane season, you will have a win-win situation for the long run.
Just my 2 cents. |
My Update on those stocks that I picked back in May 25, 2007.
HYDL - $74.45 (Buyout at $97.00) - 30% Return
COP - $61.81 (Currently $86.30) - 40% Return
GRP - $43.74 (Currently $57.40) - 32% Return
MDR - $63.90 (Currently $91.37) - 43% Return
SPN - $31.08 (Currently $39.85) - 28% Return
Not bad of a return in a year.
Personally, I also have AAPL and MA in my account. I got AAPL @ $108 (Currently $143.75)and MA is $106 (Currently $165.28)
Last edited by McDick; 07-21-2007 at 06:16 AM.
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07-21-2007, 11:23 AM
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#156 | | Where's my RS Christmas Lobster?!
Join Date: Mar 2003 Location: Downtown
Posts: 836
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| Quote: Originally posted by McDick
My Update on those stocks that I picked back in May 25, 2007.
HYDL - $74.45 (Buyout at $97.00) - 30% Return
COP - $61.81 (Currently $86.30) - 40% Return
GRP - $43.74 (Currently $57.40) - 32% Return
MDR - $63.90 (Currently $91.37) - 43% Return
SPN - $31.08 (Currently $39.85) - 28% Return
Not bad of a return in a year.
Personally, I also have AAPL and MA in my account. I got AAPL @ $108 (Currently $143.75)and MA is $106 (Currently $165.28) | pretty good, congrats! You playing in the 6 digits?
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07-21-2007, 04:32 PM
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#157 | | I don't get it
Join Date: Mar 2006 Location: Vancouver
Posts: 447
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Started in February:
SLB - $61.5 (Currently $96.68)
HAL - $29 (Currently $36.57)
AAPL - $87 (Currently 143.75)
Newly added
TM - 121.6 (122.91)
Not bad in half a year =D
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07-21-2007, 06:03 PM
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#158 | | HELP ME PLS!!!
Join Date: Feb 2002 Location: Coquitlam
Posts: 5,510
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PCA-T - $43 (Sold $61)
Newly added
SXR-T - $12.75 (Currently $14.07)
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07-21-2007, 07:17 PM
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#159 | | I Will not Admit my Addiction to RS
Join Date: Jul 2004 Location: canada
Posts: 526
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so where do you guys to check out the potential companies within a sector? i would like to check a company that produces and exports steel globally but i dont know where to begin
also i dont really like reading news about potential companies that analysts predict will go up such as market watch because these predictions always drive up the stock too much and make the company seem like they are worth more then they really are
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07-21-2007, 08:24 PM
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#160 | | Where's my RS Christmas Lobster?!
Join Date: Apr 2006 Location: Richmond
Posts: 862
Thanked 1 Time in 1 Post
| Quote: Originally posted by MASTER WA
pretty good, congrats! You playing in the 6 digits? |
Not in 6 digits.. but plenty to be part of my monthly salary.
Last edited by McDick; 07-21-2007 at 08:24 PM.
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07-21-2007, 09:24 PM
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#161 | | RS has made me the bitter person i am today!
Join Date: Oct 2006 Location: YVR
Posts: 4,518
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Would it be a bad idea for me to invest my summer pay into stocks? After reading a few posts from this thread, it kinda got me excited about stocks.
I'm 15 and I really don't know if its a bad idea to start at this age, or am I even allowed to?
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07-21-2007, 11:50 PM
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#162 | | Where's my RS Christmas Lobster?!
Join Date: Apr 2006 Location: Richmond
Posts: 862
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how much are you have now?
For a newbie, I think the safest way to put down certain amount of money into mutual funds.
Stock Market doesn't go up forever. This year might be good, but the market can crash any moment.
I don't invest 100% of my money into stocks. I invest what I can afford to lose and had enough cash to survive with my daily life for a year.
It's good that you have this kind of thinking about investing and saving up! I have seen a lot of teens at your age wasting all their money on pots and beer and not going anywhere in life.
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07-22-2007, 11:25 AM
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#163 | | I answer every Emotion with an emoticon
Join Date: May 2002 Location: pc
Posts: 7,554
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Technically you cannot open a trading account because of your age. You would have to trade under your parents name/ account/ money.
Thats what I did when I was 17.
I believe you have to be either 18 or 19 to trade.
It's definately a good idea. Thats exactly what I did when I was 17. I make that 13 bagger in 6 weeks. Story of my life lol. I used $ from my summer job.
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07-22-2007, 01:48 PM
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#164 | | I STILL don't get it
Join Date: May 2001 Location: van
Posts: 496
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lol at all the penny stock players it's all pump and dump;
cept for nasdaq NDAQ i remember when this thing used to trade on the bulletin board
if you want the thrills why not just play options. i dont even trade canadian equities; only play the US market
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07-22-2007, 06:47 PM
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#165 | | RS has made me the bitter person i am today!
Join Date: Oct 2006 Location: YVR
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Well I guess I have 3 years of saving up before I can get into trading / stocks.
Originally I was just planning on investing my money in the bank and have it gain interest.
Assuming I make what I calculated, I will have about $1500-$2000 depending if I spend any money.
Hopefully by the time I'm 18, I will have enough to invest in trades/stocks.
Also, not to throw this thread OT but, for the interest stated at banks, is that monthly or yearly? Like for presidents choice its 4% interest growth on any amount over $1000. Will I get that 4% every month or year?
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07-22-2007, 07:40 PM
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#166 | | Willing to sell body for a few minutes on RS
Join Date: Jul 2001 Location: Cloverdale
Posts: 11,534
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| Quote: Originally posted by ForbiddenX
Well I guess I have 3 years of saving up before I can get into trading / stocks.
Originally I was just planning on investing my money in the bank and have it gain interest.
Assuming I make what I calculated, I will have about $1500-$2000 depending if I spend any money.
Hopefully by the time I'm 18, I will have enough to invest in trades/stocks.
Also, not to throw this thread OT but, for the interest stated at banks, is that monthly or yearly? Like for presidents choice its 4% interest growth on any amount over $1000. Will I get that 4% every month or year? | 4% a year
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The world ain't all sunshine and rainbows. It's a very mean and nasty place... and I donīt care how tough you are, it will beat you to your knees and keep you there permanently, if you let it. You, me or nobody, is gonna hit as hard as life. But ain't about how hard you hit... It's about how hard you can get hit, and keep moving forward... how much you can take, and keep moving forward. Thatīs how winning is done. Now, if you know what you worth, go out and get what you worth. - Rocky Balboa | |
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07-22-2007, 11:08 PM
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#167 | | WOAH! i think Vtec just kicked in!
Join Date: Jul 2002 Location: van
Posts: 1,629
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buy cpq guys, that's my one tip and only tip...
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07-22-2007, 11:21 PM
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#168 | | RS has made me the bitter person i am today!
Join Date: Sep 2005 Location: 604
Posts: 4,804
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| Quote: Originally posted by ride_spinna
i have a question for ppl that are pretty experience dealing with stocks and the market
i have some money saved up in GICs right now earning around 3% interest
i know some stocks that have dividend yields of 4% to 4.5%. If the stock is a relatively "safe" company such as a bank, wouldnt putting my GIC money into that stock earn me more interest and better yet, in the long term if the stock price goes up, i make some money from selling the stock?
i'm aware that i get taxed on the dividend payment but still, wouldnt i better off with the stock rather than GICs? | Um, no matter what, you'd get taxed on your earnings, whether it be interest on GICs, Dividends, or Capital Gains.
Out of the three, your best option would probably be Capital Gains which is taxed at only 1/2. Dividends are grossed up by 25 or 45% with a deduction available - depending on what type of company is paying out the dividends, and Interest earned on Fixed Income Securites are taxed at 100%.
What's everybody holding right now(if u don't minnd me asking), as well as what speculations do u have on the market?
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formerly known as W3RD
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07-22-2007, 11:22 PM
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#169 | | I STILL don't get it
Join Date: Mar 2002 Location: Van Isle
Posts: 467
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Gold should be the investment of choice at this time!
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07-22-2007, 11:33 PM
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#170 | | I'm better than you.
Join Date: Jan 2005 Location: East Van
Posts: 8,480
Thanked 3,087 Times in 658 Posts
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your kidding right? a stock market thread?!
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Buy & Sell Ratings!
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07-23-2007, 06:27 AM
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#171 | | I STILL don't get it
Join Date: May 2001 Location: van
Posts: 496
Thanked 23 Times in 6 Posts
| Quote: Originally posted by TreyDoja
Um, no matter what, you'd get taxed on your earnings, whether it be interest on GICs, Dividends, or Capital Gains.
Out of the three, your best option would probably be Capital Gains which is taxed at only 1/2. Dividends are grossed up by 25 or 45% with a deduction available - depending on what type of company is paying out the dividends, and Interest earned on Fixed Income Securites are taxed at 100%.
What's everybody holding right now(if u don't minnd me asking), as well as what speculations do u have on the market? | almost all cash now sold everything last week
had aug 60 calls on UA, aug 50 calls on RIO,aug 90 calls on slb, aug 35 puts on CFC (still holding)
also holding BAJ.TO KRY.TO (speculative plays)
one of my core holdings for a couple weeks now is DIG (2x oil tracking) best holding i have so far only bc it takes no brainpower/research so i dont have to babysit the position
waiting for SNDK to pull back, i wanna load up on 60 calls
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Last edited by willcls; 07-23-2007 at 06:33 AM.
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07-23-2007, 06:31 AM
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#172 | | I STILL don't get it
Join Date: May 2001 Location: van
Posts: 496
Thanked 23 Times in 6 Posts
| Quote: Originally posted by B 0 U N C 3
your kidding right? a stock market thread?! | shhhhhh be vewwwy vewwy quiet.... we need new money to unload on with this market! damn! we did nothing but go up so far in 2007
we need more noobs in this market
lol i follow this site religiously day in day out, think like a fundamentalist, trade like a technician BOOYAAAA http://premium.econoday.com/calendar...ily/index.html
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Last edited by willcls; 07-23-2007 at 06:37 AM.
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07-23-2007, 11:19 AM
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#173 | | I don't get it
Join Date: Mar 2006 Location: Vancouver
Posts: 447
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buy oil, energy service industry.. when i saw oil prices go to $50 earlier this year.. I almost wanted to sell my car to buy all in lol HAL earnings today. up up and up!
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07-24-2007, 05:19 AM
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#174 | | I STILL don't get it
Join Date: May 2001 Location: van
Posts: 496
Thanked 23 Times in 6 Posts
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ahahahah its 617 am and CFC just tanked in the premarket ahahah those aug 35 puts are makin me rich today muahahahahaaha
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07-24-2007, 09:25 AM
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#175 | | SFICC-05*
Join Date: Mar 2002
Posts: 7,135
Thanked 545 Times in 127 Posts
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Btw for you guys that are on Investopedia, join the REVscene group, let's get some friendly competition going
Also post your username if you join in
Game name: REVscene
Password: modwithcheappasts
__________________ Quote:
Originally Posted by Hyde  nammer don't listen to me, they listen to money. do you know how cheap it is to have someone killed in vancouver? let alone a beat down | | |
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