My Suncor is up 10+% in the last week.
Love it when the middle-east trouble makes oil go up
Love it when the middle-east trouble makes oil go up
How much are you down this year?
- Thread starter stinkynuts
- Start date
I've got about 15% of my RRSP holdings in oil and mineral based. I may look at upping that to 25%. Overall portfolio is still down about 7% YTD.
I made a mistake here I was looking at my Jan 31, 2025 value as the basis for the 7% decline. I should have been looking at Dec 31, 2024. According to my June 30 statement my portfolio is actually up 0.95% YTD. I saw a 2.4% gain in the month. I've increased my holdings of oil based securities from 16% to 24%. Gold ETF's are about 7% of the portfolio book value I may increase that to 11%. Cash and money market instruments of 15%. The other 54% in a range of mid cap ETF's. I'm going to talk to my adviser about reducing that exposure if he sees the same volatility in the 4th quarter that I do.
Now would probably be the best time to start allocating more to stocks. Trade war drama is gone, Fed will finally start cutting rates, and global liquidity is surging. Between now and early next year, stocks should do well.
YTD I am up 14%. RCI.B has been a great surprise as well renewables . I think we might we be looking for further gains but you never know.
I got in at 37.5 . 35K shares now 44.63.Particularly what, yesterday?
From my perspective you never know where the cylinders all firing on an individual stocks, and when that might happen.
So we hold ETF's for bonds and international equity, and a smallish slice of preffered shares.
But mostly abot 80 different equity positions for the US and CDN side of our holdings.
Just updated this am, and our overall last 12 months annual return average has been 14%.
Our 10 year average has been about 7.5%.
So equity returns despite a short term dip for us are currently doing ok.
So we hold ETF's for bonds and international equity, and a smallish slice of preffered shares.
But mostly abot 80 different equity positions for the US and CDN side of our holdings.
Just updated this am, and our overall last 12 months annual return average has been 14%.
Our 10 year average has been about 7.5%.
So equity returns despite a short term dip for us are currently doing ok.
Last edited:
Well it would seem you are a fund manager the way you sprinkled “we our us” in your post. If you are satisfied with annualized 14% and 10 yr 7.5% then you are probably just being led by the stats that are published and not questioning them. But you are already some wealth manager and know it.
I have BTC, but Palantir = Satan, Tesla - too much of their profit is from Carbon Credits (40% or more) which will go away quite fast. MSTR is just BTC with leverage.
Fiscally wife and I are on the same boat.
But I stand at the tiller to set the general direction we travel.
If she does not agree withe the direction or speed thereof, she can lower the sails.
I have to say when it comes
You are much to nice. I'd still make her pay for 50% of the bills because equality.So I retired early 40s while the wife still works. Yes, I'm a pimp. Anyhoo, I've been paying all the bills and the expenses while she saves to build her portfolio so that we're equal. Her investments - and potential retirement income - now equal mine (actually wildly exceed as she has a pension) so hey, you make more $, you're going to be paying all the bills now like I have for the last 20 years in order to keep our investments the same.
oooohhhhhhmmmmmaaaaaaannnn, the screeching. "Equality" is all great until it's time to pay the bills.
I have been working 3 days a week since q3 22.
Household has enough of a nest egg dont feel the urge to work full time to keep stuffing funds away like mad like in the past.
We had saved a bunch and bought house with smallish mortgage in 2003 once back in Canada with kids under foot.
After living overseas for 3.5 years where my company paid for the accomodation.
Paid off the house mortgage in 2008.
Then kept the investment savings going and added the quite large mortgage payment and prepayment efforts to make the investment contribution go way large for about 15years. Full RRSP, RESP, TFSA funding and grow the non reg accout to north of 800K from that effort.
These days I kick funds monthly to my retired wife to the tune of about 35K annually that she uses for life and household expenses.
I still pay the utilities and house taxes and car and house insurance.
And we fund big vacations, major house upgrades, or replacement used car purchases from divvy cash, as it seem to pile up in the non reg account.
This seems to work for us.
In the last 5 or so years my bond and reit holding percentages have gone up as my former almost all equity exposure has been ratchetted lower.
I am now more interested in the divvy yield than striving for big capital gain moving stocks, though still keep some of those in the TFSA accounts.
Household has enough of a nest egg dont feel the urge to work full time to keep stuffing funds away like mad like in the past.
We had saved a bunch and bought house with smallish mortgage in 2003 once back in Canada with kids under foot.
After living overseas for 3.5 years where my company paid for the accomodation.
Paid off the house mortgage in 2008.
Then kept the investment savings going and added the quite large mortgage payment and prepayment efforts to make the investment contribution go way large for about 15years. Full RRSP, RESP, TFSA funding and grow the non reg accout to north of 800K from that effort.
These days I kick funds monthly to my retired wife to the tune of about 35K annually that she uses for life and household expenses.
I still pay the utilities and house taxes and car and house insurance.
And we fund big vacations, major house upgrades, or replacement used car purchases from divvy cash, as it seem to pile up in the non reg account.
This seems to work for us.
In the last 5 or so years my bond and reit holding percentages have gone up as my former almost all equity exposure has been ratchetted lower.
I am now more interested in the divvy yield than striving for big capital gain moving stocks, though still keep some of those in the TFSA accounts.
Last edited:
Portfolio has fully recovered since the Trump-induced selloff, and then some.
Bell dividend cut something I honestly thought would never happen, but it did. As a looooong time holder of BCE, capital appreciation on the shares was such that IMO it wasnt worth selling & having to deal with the capital gains, but damn, a 50+ percent dividend cut! Thats 5 figures of less dividend income, every quarter, now for the next several years.
Bullion, especially silver, has also done quite well over the past few months.
Buy and hold, gents, buy (quality) and hold.
Bell dividend cut something I honestly thought would never happen, but it did. As a looooong time holder of BCE, capital appreciation on the shares was such that IMO it wasnt worth selling & having to deal with the capital gains, but damn, a 50+ percent dividend cut! Thats 5 figures of less dividend income, every quarter, now for the next several years.
Bullion, especially silver, has also done quite well over the past few months.
Buy and hold, gents, buy (quality) and hold.
I am now up about 7% for the year. 81% in stocks . 7% in bonds . 12 % in cash. The valuations have MADE NO SENSE to me for about 18 months . If my current gain YTD of 7% turned into a loss of 10% for the year I would not be surprised.
Timing the market has never worked for me so I am staying put.
Timing the market has never worked for me so I am staying put.
Last edited:
Agree that valuations have been strange. RRSP ok. Wish I had a higher equity exposure in the TFSA. Hybrid Pension mostly DB(non indexed) but DC portion all equity so that is o.k.
