Investing

# Locked: How much would I of made?

• Last Updated:
• May 1st, 2016 2:53 pm
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[OP]
Sr. Member
Jan 31, 2016
742 posts
Kawartha Lakes

## How much would I of made?

Hi folks,

Very novice when it comes to investing. I have been reading these forums and trying to learn what I can. On March 24th I was following a thread about two stocks CXR and CJR.B. I thought I would follow up a month a later and see how I would of made out if I had put 10k in each on Mar 24th.

I have no idea what expenses/commissions there would be:

10k in CXR @ 35.00(Mar 24th) and now it is showing 41.00
10k in CBR.B @ 10.72(Mar 24) and now it is showing 11.94

Could some give me a idea if, or a ball park figure, I came out ahead?

Thank you.
28 replies
Sr. Member
Jan 5, 2015
615 posts
Edmonton, AB
Ball park figure, you'll come out ahead.

For the numbers, you'll have to crunch those yourself.
You're gonna have to crunch these numbers for capital gains tax reporting anyways, so crunch away.
Jan 3, 2013
2348 posts
Sidney
You can't do that math? That's not an investing question... That's arithmetic.
[OP]
Sr. Member
Jan 31, 2016
742 posts
Kawartha Lakes
Taikonaut wrote: Ball park figure, you'll come out ahead.

For the numbers, you'll have to crunch those yourself.
You're gonna have to crunch these numbers for capital gains tax reporting anyways, so crunch away.
Absolutely I'll do the calculations, sorry didn't mean to come across lazy. Thank you

I wasn't sure what the comissions or other fee were. Sorry should of been more clear.
Member
Nov 26, 2014
354 posts
Quebec
41 / 35 * 10000 = 11714
11.94 / 10.72 * 10000 = 11138
11714 + 11138 - 40(transaction fees 2 buys 2 sells) = 22812
22812 - 20000 = 2812\$
2812 of 20000 = 14.06%
[OP]
Sr. Member
Jan 31, 2016
742 posts
Kawartha Lakes
p0nk1n wrote: 41 / 35 * 10000 = 11714
11.94 / 10.72 * 10000 = 11138
11714 + 11138 - 40(transaction fees 2 buys 2 sells) = 22812
22812 - 20000 = 2812\$
2812 of 20000 = 14.06%
Thank you very much.
Jr. Member
Jul 12, 2015
125 posts
TO
I'm just going to point out, as you mentioned you are a novice when it comes to investing, but honestly, what you are theoretically doing isn't investing but more like gambling.
Sr. Member
Oct 11, 2010
977 posts
Charlottetown
Please don't use this as an example to convince yourself that you are a skilled investor because two stocks you were thinking about buying went up because this is often not the case. If you are a novice you should consider index investing http://canadiancouchpotato.com/model-portfolios-2/
[OP]
Sr. Member
Jan 31, 2016
742 posts
Kawartha Lakes
Thanks all. I agree fully on the gambling definition and thank you for the couch potato link.
Dec 3, 2014
2348 posts
Ontario
p0nk1n wrote: 41 / 35 * 10000 = 11714
11.94 / 10.72 * 10000 = 11138
11714 + 11138 - 40(transaction fees 2 buys 2 sells) = 22812
22812 - 20000 = 2812\$
2812 of 20000 = 14.06%
Carry the 2...
Member
Dec 2, 2014
452 posts
London, ON
Purplenim wrote: I'm just going to point out, as you mentioned you are a novice when it comes to investing, but honestly, what you are theoretically doing isn't investing but more like gambling.
Just a followup question if I may. Not that I disagree with your assessment but if the op was comfortable holding CJR.B, as an example from his post, because of its high-yield but had a closing price in mind would that be an investing strategy in your eyes or would you still characterize that as gambling?
Member
Dec 2, 2014
452 posts
London, ON
Also, directed towards the op, as a new investor myself I would strongly caution against these types of short-term trades. I recently made a few hundred dollars from AMD and, even though this is a success story, it's not worth the stress and time especially when compared to the relative safety/stability of ETF's and good funds like Mawer. If you're young like me I'd suggest it's much better to do research and look into Canadian Couch Potato and ETF's with long-term goals in mind.
Penalty Box
Dec 27, 2013
8003 posts
Toronto
op not a novice at investing, is a novice at math... as stated already.

stick to mutual funds op.

thanks
Sr. Member
May 29, 2008
522 posts
bout tree fiddy
Jan 3, 2013
2348 posts
Sidney
Ketchenany wrote: Absolutely I'll do the calculations, sorry didn't mean to come across lazy. Thank you

I wasn't sure what the comissions or other fee were. Sorry should of been more clear.
Yeah, the commissions will vary with each broker....some \$4.95, others \$19.95! Usually the online brokers are the least expensive.
Sep 6, 2010
1935 posts
Vancouver
Apparently a novice at grammar as well based on your thread title.
Sep 20, 2014
1160 posts
Calgary, AB
Usually it is just gross returns - commissions and taxes. If you're doing it in a TFSA, obviously it'll just be the commission.

Either way, you're better off really thinking about what you want to buy if you're planning on buying individual stocks. Don't look at what went up, rather try and explain why something is likely to go up.

Or just index.
[OP]
Sr. Member
Jan 31, 2016
742 posts
Kawartha Lakes
daivey wrote: op not a novice at investing, is a novice at math... as stated already.

stick to mutual funds op.

thanks
You seem angry.
gouki556 wrote: bout tree fiddy
Bonus bucks!
gwplant wrote: Apparently a novice at grammar as well based on your thread title.
Thank you for taking the time to point that out. I would really try better in future.
[OP]
Sr. Member
Jan 31, 2016
742 posts