Business / Investing Talk

Re: Business / Investing Talk

by PTBO Dave » Tue May 02, 2017 2:55 pm

KevinRiley2 wrote:My favourite Canadian Bank ETF (ZWB) is down about 8% from its high.

When it drops another 12%, I'll be interested.


You're considering buying a bank? :o

What mortgage rates will you offer to fellow Off-topickers?
What all men speak well of, look critically into; what all men condemn, examine first before you decide.
-Confucius

When people are fanatically dedicated to political or religious faiths or any other kind of dogmas or goals, it's always because these dogmas or goals are in doubt. -Robert M. Pirsig
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Re: Business / Investing Talk

by KevinRiley2 » Tue May 02, 2017 3:05 pm

PTBO Dave wrote:
KevinRiley2 wrote:My favourite Canadian Bank ETF (ZWB) is down about 8% from its high.

When it drops another 12%, I'll be interested.


You're considering buying a bank? :o

No, just the ETF. :)
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Re: Business / Investing Talk

by PTBO Dave » Tue May 02, 2017 6:53 pm

KevinRiley2 wrote:
PTBO Dave wrote:
KevinRiley2 wrote:My favourite Canadian Bank ETF (ZWB) is down about 8% from its high.

When it drops another 12%, I'll be interested.


You're considering buying a bank? :o

No, just the ETF. :)


Emergency Task Force??? I guess it would be cool to own one of those. Could I borrow yours when I'm in trouble with the wife? :wink:

OK, I looked it up and see it means exchange-traded fund, whatever that is. I prefer the above two narratives anyway.
What all men speak well of, look critically into; what all men condemn, examine first before you decide.
-Confucius

When people are fanatically dedicated to political or religious faiths or any other kind of dogmas or goals, it's always because these dogmas or goals are in doubt. -Robert M. Pirsig
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Re: Business / Investing Talk

by KevinRiley2 » Tue May 02, 2017 8:26 pm

PTBO Dave wrote:
KevinRiley2 wrote:
PTBO Dave wrote:You're considering buying a bank? :o

No, just the ETF. :)


Emergency Task Force??? I guess it would be cool to own one of those. Could I borrow yours when I'm in trouble with the wife? :wink:

OK, I looked it up and see it means exchange-traded fund, whatever that is. I prefer the above two narratives anyway.

An ETF is a cheaper, more efficient way of buying multiple companies or an index.

ETF's are the reason Mutual Funds are dying.
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Re: Business / Investing Talk

by KevinRiley2 » Wed May 17, 2017 6:25 pm

Everything was down today. Bank stocks are finally tumbling - still hoping another 15% drop.

***

I sold ETF ZPW on Monday. It's down since selling and I hope to see it fall further. :thup:

Hoping for a rise in the Canadian dollar to help things along. :thup:
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Re: Business / Investing Talk

by KevinRiley2 » Mon May 22, 2017 1:19 pm

Before our Canadian dollar goes to zero, let's hope oil gets a boost...

Worst OPEC cheater will get harder to ignore as curbs falter

http://www.msn.com/en-ca/money/markets/ ... spartanntp

Why they all cheat is beyond me.
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Re: Business / Investing Talk

by KevinRiley2 » Wed May 31, 2017 10:48 am

KevinRiley2 wrote:I sold ETF ZPW on Monday. It's down since selling and I hope to see it fall further. :thup:

Hoping for a rise in the Canadian dollar to help things along. :thup:

Bought ZPW late last week. Made a little money - selling and buying back in at a lower price.

Oil is down, CDN $ is down, Dow is down, but ZPW is barely up - 2 cents. :thdn:
I would expect a larger bump.
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Re: Business / Investing Talk

by KevinRiley2 » Wed Jun 07, 2017 12:10 pm

KevinRiley2 wrote:Oil is down, CDN $ is down, Dow is down, but ZPW is barely up - 2 cents. :thdn: I would expect a larger bump.

Exact SAME scenario, today. Why is this stock NOT moving? :x
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Re: Business / Investing Talk

by KevinRiley2 » Mon Jun 19, 2017 9:26 pm

It's about time...

OSC bans Garth Drabinsky from becoming director or officer of public company

http://www.bnn.ca/osc-bans-garth-drabin ... y-1.781314
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Re: Business / Investing Talk

by KevinRiley2 » Mon Jun 19, 2017 9:27 pm

What is keeping the Canadian dollar afloat? Should be falling but... :thdn:
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Re: Business / Investing Talk

by KevinRiley2 » Tue Jun 27, 2017 6:50 pm

Bought ZPW (an American Put ETF) a while ago. Stupid Canadian dollar keeps rising. I am getting killed. :x It went down 28 cents, today. 9.5 cents of which can be written off because today is the X-Date. What about the other 18.5 cents? If I ever get to even, I am getting OUT! :cowboy:
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