Official Long-term Investments Thread

[woodywoodford]

So we out of this rough week yet?? Only good thing to come out of it was XOM dipping down a bit so added a bit to that one. She'll pay off when retirement comes along in 40 years :

[khanan]

Hey, new here. Sorry to hijack the thread for a bit, but what do you guys think is the best/cheapest online broker? I'm barely going to make a lot of trades per month. I will be starting small too, so the smallest minimum balance would be great.

I will be opening a tfsa account, I am also not planning on trading on margin. Since I don't plan to trade a lot at all.

I have looked at both questrade and virtual brokers and I am leaning more towards virtual brokers. Has anyone tried any of them? Thanks

[bmeier]

Have questrade right now but was thinking of switching to VB. Questrade is good and cheap plus no fees for inactivity as long as you have 5 k. Not sure about virtual brokers, but they have a good reputation.

If you want a questrade account I can refer you and you will get $50 worth of free trades. Pm me if you like.

If you go with VB post a review once its setup. I emailed them a week ago and still no respsone so not sure the support is as quick as questrade.

[CapnCrunch]

Originally posted by khanan
Hey, new here. Sorry to hijack the thread for a bit, but what do you guys think is the best/cheapest online broker? I'm barely going to make a lot of trades per month. I will be starting small too, so the smallest minimum balance would be great.

I will be opening a tfsa account, I am also not planning on trading on margin. Since I don't plan to trade a lot at all.

I have looked at both questrade and virtual brokers and I am leaning more towards virtual brokers. Has anyone tried any of them? Thanks

I'm with questrade too. No issues so far. No commissions on buying etfs is badass. I think VB has this as well.

Like already mentioned, customer service is non-existent with these discount brokers.

[ExtraSlow]

Thoughts on Surge Energy (SGY)?
I'm currently in Long Run Exploration (LRE), Whitecap (WCP), Black Diamond (BDI) and Painted Pony (PPY).

Been thinking of dropping some of the BDI or LRE since both are disproportionately large pieces of my portfolio. Still, not really diversifying if I use the proceeds to buy another similar company. lol.

[Thomas Gabriel]

Originally posted by bmeier
Have questrade right now but was thinking of switching to VB. Questrade is good and cheap plus no fees for inactivity as long as you have 5 k. Not sure about virtual brokers, but they have a good reputation.

If you want a questrade account I can refer you and you will get $50 worth of free trades. Pm me if you like.

If you go with VB post a review once its setup. I emailed them a week ago and still no respsone so not sure the support is as quick as questrade.

I'm with VB. Their customer support is awful. Getting the account setup properly was frustrating. But I don't care. It's 1c a share with no other fees. I don't get how they make money.

[davidI]

Originally posted by Thomas Gabriel


I'm with VB. Their customer support is awful. Getting the account setup properly was frustrating. But I don't care. It's 1c a share with no other fees. I don't get how they make money.

How much interest do you make when you're sitting in cash? My guess is 0.

They'll be making money off that for sure.

[quick_scar]

.. Wrong thread

[npham]

Originally posted by in*10*se
here's my 52-week recommendation - CJ.TO
junior yield E&P
production ~6000boe
+85% oil
operating netback above $30/boe
low declines ~15%
high working interest ~84%
D/CF of less than 1.0 (good balance sheet)
total payout ratio ~60%
Management team with a decent track record
Just IPO'd.

Merry Christmas beyond.

Just looked this up for fun, and apparently we should all listen to this guy, nearly 50% increase in 3 months.

[Sugarphreak]

...

[Perceptionist]

Anyone holding Spartan Energy? SPE.CVE
Recently closed on the Renegade acquisition and look like a good growth story.

[Leekiwwi]

IBG & AIF are currently my largest holdings. I also have some money in CWC.

Look them up!

[davidI]

Good read: http://www.businessinsider.com/money-cheat-sheet-2014-4

[ExtraSlow]

That is a pretty good read. I certainly don't follow all of that advice, but I'm starting to believe in parts of it.
- buy-and-hold (This one is harder than it sounds)
- Bonds (currenty a small percentage, but growing)
- buy the market (index ETF funds with low fees, growing slice of the portfolio)

[CompletelyNumb]

https://www.google.ca/finance?client=ob&q=CVE:TLT

Was looking at this one today. Anyone have thoughts on it? Looks promising, company wise. Not sure about the massive volume spike and sp. Long time until new data will be made public I'm guessing, but could be a solid long hold and a good buy on monday.

[ExtraSlow]

My view is that a market cap of 23 million is too small to be in my long term portfolio. Small companies have burnt me so many times.


Also, little update on what I'm holding.
Selling out of SGY and PTA and taking half my profits out of WCP and BDI.
Buying into SRX
Adding to position of LRE
Holding NPI, PPY, TOG.

Monitoring PEY, they are looking nice.
I think I'm slightly overweight in energy. I do see several price catalyists this year for both gas and oil price. There is money to be made here.

[ExtraSlow]

Bought into BNK this week too.

Here's a little question. Like most people around here, i'm waaaay overweight in energy stocks. That's what I understand, so it shouldn't be too purprising.

However, if i was looking to diversify away from that, I would be looking for something, probably a fund/ETF, that was non-correlated.

FAP is a decent option, what are some others? Just for interests sake, what's a good diverse canadian investment that does NOT have energy as a core holding?

[Phihalo]

Originally posted by ExtraSlow
That is a pretty good read. I certainly don't follow all of that advice, but I'm starting to believe in parts of it.
- buy-and-hold (This one is harder than it sounds)
- Bonds (currenty a small percentage, but growing)
- buy the market (index ETF funds with low fees, growing slice of the portfolio)

This sounded exactly like what a passive value investor would've invested in.

[ExtraSlow]

So much for diversifying away from energy. Lol.

Doubled down on PPY. Sold out of NPI, which was nice, stable and had a good dividend.

Portfolio is now pretty energy-biased. LRE, SRX, PPY and BNK.
I view all of these as buy-and-hold type investments. With the possible exeption of SRX, I'll keep that one on a tighter leash.

[ExtraSlow]

Averaging down in BNK. FirstEnergy still have them as a top pick and $11 target price. Paying five bucks a share looks pretty reasonable to me.