Official Long-term Investments Thread

[tcon]

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Well what's your view on the broader market and potential catalysts for movement up or down? If you think a covid vaccine means the entire economy will expand, or you think that's already priced in.

I personally think some of the psychology (totally off the cuff, I am not qualified) behind the huge up trend in the market this year, is due to people thinking "shit I might get corona and die this year, why am I saving my money" kind of like a mini mid-life crisis. People are buying tons of stuff and YOLOing money on stonks. So who knows, maybe once everything normalizes and people will have to finally face their debt, we could see it shift to bearish.

[ExtraSlow]

I think there's going to be a terrible reckoning about personal and government debt, and it's going to absolutely wreck the average Joe. May mean people with liquidity have amazing opportunities when it happens.

[vengie]

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I think there's going to be a terrible reckoning about personal and government debt, and it's going to absolutely wreck the average Joe. May mean people with liquidity have amazing opportunities when it happens.

Cash is king.

[The_Rural_Juror]

Credit is Queen.

[Disoblige]

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I think there's going to be a terrible reckoning about personal and government debt, and it's going to absolutely wreck the average Joe. May mean people with liquidity have amazing opportunities when it happens.

As sad as that sounds, those will cash will be like happy hopping on the lookout for that Honda deal.

[ExtraSlow]

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As sad as that sounds, those will cash will be like happy hopping on the lookout for that Honda deal.

This is my thought, and what I'm working for.

[ThePenIsMightier]

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... May mean people with liquidity have amazing opportunities when it happens.

Yes. May all the meanest people unite together to form a super mean team to maximize their liquidity and evil spirits to pounce on and seize ALL the opportunities!

LoL at that interpretation!!

[max_boost]

Yea watch out for that preloaded stimulus lol

[vengie]

Picked up some ARKK as a long term hold

[killramos]

Filled my 2021 contribution room with VEQT this am.

No Stonking for me.

[roopi]

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I ended up splitting the investment between SU and RNW (non oil and gas). Down 4% on SU and up on RNW. These are both RSP investments so im not concerned about short term swings. Both pay solid dividends and I have zero concern about the RNW dividend. SU has cut already and i feel like they won't further if oil can stay in this $40 range. I with I would have waited until earnings on SU to buy since they are a couple weeks away. Oversight on my part for not checking when they were coming up.

Sold both of these positions. These were supposed to be long-term but gains were very good so bailed for now.

[msommers]

@ZenOps You nickel oracle

https://www.mining.com/all-the-mines...n-cars-a-year/

[roopi]

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Sold both of these positions. These were supposed to be long-term but gains were very good so bailed for now.

Back into SU as of yesterday. Added to CVE (warrants) as well.

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@ZenOps You nickel oracle

https://www.mining.com/all-the-mines...n-cars-a-year/

Thanks for the share. Interesting read.

[phreezee]

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@ZenOps You nickel oracle

https://www.mining.com/all-the-mines...n-cars-a-year/

I'm holding MP for this. What others are you guys looking at?

[asp integra]

I'm in to Pacific Bay Minerals (PBM) I like the price right now, looks like some very good prospects in the pipe over the next few months. Got in at .12 and hoping to get out close to 1.00 in the next 8-12 months

[msommers]

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I'm holding MP for this. What others are you guys looking at?

I have more comfort investing in big players for a longer time. So someone like Vale immediately comes to mind.

[SJW]

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Filled my 2021 contribution room with VEQT this am.

No Stonking for me.

Pussy. Throw it in GME. THere's still time.

[killramos]

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Pussy. Throw it in GME. THere's still time.

I think I posted that before GME was a meme.

[BavarianBeast]

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I'm holding MP for this. What others are you guys looking at?

Sherritt S.to

[phreezee]

Thanks @msommers and @BavarianBeast , appreciate it.
Forgot to say I got into ABML as a recycler of lithium ion batteries as well.