OP is slightly misleading. That graph shows the relative change in central bank buying. Canadian central bank was buying very little before covid and started to ramp up due to the pandemic. overall buying and central bank debt load is still far below US
Ayden King
The Canadian dollar is super low though. If I buy USD denominated assets I stand to lose bigly if the $CDN rises
Camden Davis
So what do we do after GME?
Also fuck weed smokers and jannies
Hudson King
Per capita it’s just as bad. All the OECD countries are competitively devaluing in a coordinated fashion, or so it would seem
leaf here, does this mean Canada is the best or worst at something?
Liam Ross
Cucknada is the worst at literally everything except safety, where it's middle-of-the-pack. In OP's pic, it shows cucknada printed 9x more money relative to country estate than USA, meaning it's going to shit about 10^9 times faster.
Ethan Reyes
There is precisely no reason for the CAD to ever rise ever again now. There's a distinct, though low, possibility that the CAD goes full Zimbabwe or Venezuela.
I'm thanking of scaling down my holdings and trimming back on some others. I mean shit at this rate I may as well just toss money into a fund and be done with it. Oh wait, I've got one of those to. Fuck. 13 stocks plus 1 fund.
Blake Edwards
Is it too late to buy Home Depot?
Jace Evans
everyone ready for a GRASS RED week?
Oliver Price
I'm a brainlet who is looking for long term investment. Do I just put all my money in SPHQ and call it a day?
Bogglehead's Guide to Investing is pretty damn good if you want to do the bare minimum for investing (i.e. investing in index funds instead of single stock). It's definitely a good book and very trustworthy, but if you're looking at buying single stock or crypto, then I doubt it's for you.
I don't know senpai. Part of me wants to just take a vacation for six months and put it in cruise stocks while I don't give a fuck. The other part of me wants to grind it out with all the other picks that require me to pay daily attention to all the markets. I'm leaning towards the second. NIO looks like a good play. Bitcoin looks safe also. There are a lot of good plays, but something like GME comes once in a long time user, it isn't easy to find the next GME.
Yeah, I already have a $19k invested all in various single stocks. I'm pretty into the numbers of it all, I have a degree in math and minor in stats so I'm looking to learn more in depth but also want the information/material to be very current ie. possibly a subscription or economic podcast
Blake Clark
>but something like GME comes once in a long time user, it isn't easy to find the next GME. i will never not be mad at myself for buying shares instead of January calls back in August
Logan Davis
Too late to buy Home Depot? Yes or no? P/E looks pretty good but only 59% of analysts give it a “Buy” rating.
I have 3k shares of GME because its a squeeze play and nobody could have really seen the MS deal coming. I might sound like a beta, but I pretty much stick exclusively to shares because I like to sleep like a baby at night.
Zachary Brown
NCLH seems to be a good cruise stock(I bought at 15 a while ago, and then bought a little more when unusual whales showed a big call on it). someone here said CCL has amassed some debt over corona
Logan Stewart
The only cruise stock worth picking is NCLH, by far.
Lincoln Wright
How fast does we expect GME to rise, should I buy in as early as possible monday or could I wait until friday?
Bentley Cruz
This. I will never, ever trade options. I’m all about long-term holds.
Jaxson Sanders
For personal finance and the sort, I'd recommend Dave Ramsey. I know it's very beginner material, but I would argue that most of personal finance is behavioral, and not math-related (which he says never gets harder than 4th grade math, yet people still can't control their spending behavior).
Slightly more advanced than that is The Money Guy show, and they have a lot of older podcasts that are really good for general personal finances.
If you're looking for more advanced stuff regarding stocks and trading (day trading or swing trading), look at Rayner Teo and TraderTV Live (Day Trade The World).
That's all probably my best suggestions off the top of my head.
Options are a great way to make money fast and then lose it even faster.
Justin Lewis
Buy SPACs or vaccine stocks next week?
Kayden Powell
you sound like an angry leaf
Luis Martinez
This. I don't touch options -- I just make small steps as a trader/investor. Options are for the greedy, and if it's one quote that has always stuck with me, it's "pigs get fatter, hogs get slaughtered". The older I get, the more precious that quote becomes.
Easton Cox
SPACs are dead. HYLN proved they are just a meme and not a good one.
Colton Reyes
Why wouldn't I be angry? I'm forced to live in a 4th world shithole with 1st world expenses and 3rd world salaries. Of course I'm angry. Moreover, why would I be angry if I were anything but a leaf? For anyone else, this shithole is a humorous little stand-up comedy show.
Evan Perry
you never really know when its going to pop, but my tea leaves say you'll probably be fine until friday. Some people are expecting a dip on q3 earnings, and since shorts haven't covered yet, and I dont see anything major happening to cause a dip before then, it's possible Q3 earnings will be the last chance for them to cover before it raises further. so ironically, if earnings are bad for Q3, it could cause it to pop after a little dip.
Blake Young
>he doesnt have a single-digit cost basis lol
but up to you, figure out the numbers yourself. It's trading at like 0.2x of revenue right now. Gamestop isn't the only specialty retailer that is starting to see a boon with corona (see BBBY for example). Other retailers trade at 0.5x or even greater than 1x depending on their margins, Bestbuy trades at 0.5x since it's brick and mortar but something like Chewy trades at 4x instead since it's entirely e-commerce based (better margins, and also subscription-style pet food delivery -> very lucrative)
Ryder Reyes
I'm not a big fan of options either, but once I move into indexes I think the wheel will be a good strategy if shit the market isnt as volatile as it's been for a while
