Mom gave me $20,000 to invest

>Mom gave me $20,000 to invest
>I'm making good gains

Hehehehehe

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what chu buyin

buy any WEED?

Ye but I sold just before the trading halt and haven't bought back in

a lot of (You)s

Etfs mostly but I play around with a little bit buying meme stocks

Please invest more responsibly.

You don't have to do a full DCF+NAV+EPV+WACC analysis but you're going to waste your mom's money if you just buy into meme stocks.

Maybe put half into an index fund or some blue chips and then dick around with the rest.

Nice bro. I really hope you can invest that and make it big. I'm currently hoping that a fucking asteroid falls over my recently ex gf's appartment
youtube.com/watch?v=hUFPooqKllA

Like 85% is in ETFs bro, no need to worry.

I'm holding VFV and VCN

Lol I won't make it big but it's a nice start I guess. I will keep working and adding to it and eventually get gud

you're not productive, you're not fooling anyone.
you're still posting on Sup Forums, you autistic fuck.

Hey I have those two as well. Good job.

Though how have you mitigated against a potential NA market correction? And what's your exposure to small-medium caps?

It's not enough to buy a shitty flat and put it in location for students at $1000 per months.

>if you don't spend your entire day working you're not productive anymore
Sure it's not optimal efficiency but it's still good.

I intend to hold over a horizon of decades so a market correction isn't important to me.

Not very much exposure to small and mid caps actually, not sure if I should include them in my portfolio. I literally just bought a bunch of VFV after reading that Jew Bogle guy keep raving on about it.

Alright, that's fine for a long-term horizon.

Small caps outperform larger caps in the long run; the biggest issue is that a lot more of them fail drastically, but as long as you buy a conglomeration of them you can leverage slightly higher gains from them

>For the same 10-year period as above, small caps (both value and growth) had a net investment return of more than 26 percentage points above the TSX composite index. On an average quarterly basis, small caps outperformed by 0.75 per cent each quarter.
>We also looked at small-cap performance versus the TSX and an index of only large-cap companies over a 20-year period. Again, small caps outperformed, but the performance gap against large caps in isolation was less than it was against the TSX.
>Small caps still beat the TSX by over 1.4 per cent on a compounded basis, but only beat large caps by 0.48 per cent over the same period.

Within small caps, there's growth and value small caps. Apparently, growth tend to outperform value here, but that data might be skewed by the abnormally large crash in '08.

VBK or VBR are small-cap value and growth stocks, respectively. I have some VBR.

Is there any reason to hold ANY bonds or any equities outside of the US market?

I literally see no reason to hold Canadian equities or anything else when the s&p for example so much better tracks it all.

The only scenario I see it all going to shit is the US collapsing but at that point it'd be doomsday anyway and we'd be sucking dick for food in canada because they're everything to us economically

It really just depends on which index you expect to perform better. The TSX was the top performing G7 stock market last year, for example, with strong gains in O&G and Canadian Financials.

And RY in particular has been one of my best, safe, steady investments -- doubling since 2012. Sure, it didn't have the explosive growth of AMZN or FB or AAPL back in the day, but its value and not growth driven (P/E ~13).

But diversification for the sake of diversification is for chumps. Only look to other countries if you spot better prospects there. Personally, I think the US indexes are getting a bit overly excited about Trump's overhaul of the US economy which I just don't see happening, whereas investors and analysts are a bit more cautiously optimistic about Canada.

And I've never been a fan of emerging markets. The Shanghai market is a meme which may as well be written up by the CCP. The Russian index did well but frankly if you want high oil exposure stick to Canadian stocks. Brazil is a meme.

If I just dollar cost average VFV can I even go wrong though? All this shit is confusing to me but the logic behind buying the s&p makes sense, and DCA.

I'm in the same situation OP, except I'm getting $18,000 less to invest with. I have no idea where to start though.

>investing
Yeah nah, fuck off cunt, blow it all on the pokies, she'll be right m8

>I'm in the same situation OP, except I'm getting $18,000 less to invest with. I have no idea where to start though.

Maybe try paying off any debt you have then put it into liquid MM account until you have about 6-12 months living expenses saved then invest in low cost broad-market index funds?

That's what I did, but I'm not le expert investor memer

:)

Sure DCA helps eliminate the effects of market timing and short term variability, but with your size of portfolio, I imagine that the trading fees you accumulate cancel out the benefits.

I don't use DCA myself - I have valuations for all my non-index equities and come up with an intrinsic value for the stock, only buying more shares if the price drops below 2/3 IV (so 1/3 is my "margin of safety"). I don't tend to keep investing in the same stock whenever I get a new cash flow to invest, unless I think that stock is particularly juicy.

The only real risks you have are:

>currency risk
I think VFV is hedged to CAD, so if USD appreciates significantly then you're not gaining as much. Of course, you're Canadian so this isn't so much a risk as it is a lost opportunity.
>total US market collapse
S&P fell from 1561 to 683 from Oct '07 to '09. But basically all global equities (especially Canada) will fall if the US domino falls. So to hedge against this you'd want to add in fixed income (BORING!)

And I trust Vanguard enough not to create too much artificial risk (the risk of the company not properly indexing), but that's always something lurking in the back with ETFs.

Lol are you fucking kidding me kid, my dad gave me $150,000 to start off with and I haven't even touched the money yet for investing.

I meant DCA as buying as often as possible. Otherwise if you have shekels now lumpsum beats dollar cost averaging in most cases, at least mathematically longterm.

>Currency risk

VFV is NOT currency hedged, it's denominated in CAD. I had considered a cad-hedged fund but I read finiki what said currency hedging for Canadians raises volatiliy and is a bad idea.

>Crash
Yeah but it all more than recovered. Unless you sell in a correction you're all good. Unless there's literally total war in the streets of the US and people are killing for food and water. But then you're screwed anyway without a lot of shooting practice, food, and a whole lot of ammo.

I want to also learn to trade options but I'm thinking maybe this is a Pipedream lol. Seems interesting tho

I'm happy for you:) I wish you to make a lot of gains this year.

Thankyou my friend. You know, you leaves aren't all that bad. Perhaps I have misjudged you all, all these years.

Some of us are bad, not all leaves were created equal.

Respectful bump

How do you go about investing?
How do you start? Gain access to stocks? Do you call someone? can you do it online?

Is it as easy as buying thing online, or is it more formal and need to speak with someone?

How do you go about it?

>I'm making good gains
Same here, lmao

>How do you go about investing?
Read John Bogle's books
>How do you start?Gain access to stocks?
Do you call someone? can you do it online?
Depends if you want to use your bank or discount online broker.

If bank -> go to bank and say you want to open self directed broker account, u will fill out forms and show id

If discount broker online -> you will send forms then transfer money from your bank there

>Is it as easy as buying thing online, or is it more formal and need to speak with someone?

You do it all your self online but if you are old, or very mentally handicapped you can call to set orders (it costs additional money and can be expensive)
>How do you go about it?

Buy index funds, make account with vanguard investments

Stop stealing credit cards and filing false tax returns. Georguz Von-Marcilis (not sure if that's a Georgian name)

how is the drug trade over there?

which would you say it's better, bank or online broker?

Idk about US but in Canada it's just different platform and a little cheaper trades (by a few dollars)

Not a big deal for me so I kept it with my bank to make it easiest to transfer money and keep track of everything

Just research your options but I think you'll find it not to matter much.

You can expect 7-8% returns per year on average (s&p had averaged that over last 80-90 years)

I honestly don't like stocks and couch investing anymore

You make money but it's fucking dull I need some action

Lol use money for starting business then

I'm a boring person :)

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