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- Feb 26th, 2021 7:22 pm
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- SCORE+129
- airmail
- Deal Fanatic
- May 5, 2008
- 5484 posts
- 2148 upvotes
- Winnipeg
- airmail
- Deal Fanatic
- May 5, 2008
- 5484 posts
- 2148 upvotes
- Winnipeg
- BigStick
- Member
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- May 15, 2015
- 219 posts
- 266 upvotes
- Deathstar
- Sprite_TM
- Deal Addict
- Feb 28, 2006
- 3533 posts
- 187 upvotes
- Toronto
- proplayer44
- Sr. Member
- Apr 17, 2014
- 952 posts
- 367 upvotes
- Corunna, ON
No that's not what market capped means. It means no one company will make up more than a certain % of the fund (ie Nortel in the 90s made up 30% of the Canadian market)craftsman wrote: ↑
That's not actually well diversified... All of those funds are market cap weighted which means that you are overweighted in large/mega cap stocks with very little in mid-/small cap stocks. Typically that won't be too bad but in the current situation, that also means that you have a high weighting in technology as technology stocks make up over 30% of the US market.
Ideally, to be well-diversified, you should have more exposure to small and mid-cap stocks.
XIC tracks the total Canadian market covering 95 %.
VTI covers over 3500 companies.
I made a point of not buying just big companies in choosing these.
Let me be clear in saying I'm not well diversified, you couldn't be more wrong.
Last edited by proplayer44 on Jan 22nd, 2021 10:05 am, edited 1 time in total.
- jerryhung
- Deal Expert
-
- Sep 19, 2004
- 23924 posts
- 5573 upvotes
- where I belong
BTFD, what else to do on a small red day LOL
GME, ATH $45+ again even after Citron attack/video LOL, I got stopped out b/c of that around $36
GME, ATH $45+ again even after Citron attack/video LOL, I got stopped out b/c of that around $36
Which Credit Cards to sign up? >> Jerry's List of Credit Cards with $200+ Welcome bonus/Aeroplan & AMEX Churning FAQ
AMEX Personal 60K || Business Platinum 75K || Biz Gold 40K
AMEX Personal 60K || Business Platinum 75K || Biz Gold 40K
- johnnyepy666
- Penalty Box
- Mar 28, 2017
- 508 posts
- 339 upvotes
Bought dips on corsair, ipoe, and more blackberry
- cbalain
- Newbie
- Aug 29, 2012
- 50 posts
- 24 upvotes
- Ottawa
Bought some LSPD on the dip. Hope it swings back up for an easy profit.
- MashGhasem
- Member
- Nov 24, 2016
- 458 posts
- 537 upvotes
Out of all the wsb pumps ever... The BB pump is the first one I'm super tempted to get into. But haven't found my balls yet.
- faken
- Deal Fanatic
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- Sep 21, 2007
- 6530 posts
- 2897 upvotes
- Winnipeg
I sold my position at 16.18 yesterday. I'm looking to reenter with 1/2 position at 15.25MashGhasem wrote: ↑ Out of all the wsb pumps ever... The BB pump is the first one I'm super tempted to get into. But haven't found my balls yet.
"An essential aspect of creativity is not being afraid to fail." -- Edward Land
- goodzyk
- Member
- May 25, 2009
- 336 posts
- 148 upvotes
you guys do remember one of the cardinal rules? Buy on the rumour sell on the news ? Maybe hold a little bit lolwayneg9999 wrote: ↑ No, but actuary20 did lol.
- badmus
- Deal Addict
- Jul 12, 2008
- 2999 posts
- 904 upvotes
- GTA
I have noticed this issue with ETFs that don’t have caps on the amount a position can represent and that focus on giving higher positions to the largest companies.craftsman wrote: ↑ The problem with the ETF is that it's really just 3 stocks - CNQ, SU, and CVE - which make up 60+% of the ETF. All three are large-cap plays which are fine if that's what you are looking for but the level of upside may be more capped than if you moved down to the mid-caps. Also, each of the three I listed pays 5.46%, 3.58%, and 2.93% dividends so you are much better off buying these 3 stocks separately and collect a higher total dividend and you won't have to worry about 0.61% MER.
XIT.TO for instance has 80% of its holdings in just 4 big stocks (SHOP, Constellation, CGI and OTEX) 3 of which missed the tech rally, LSPD and BB had to make big moves for them to be noticed in the ETF.
I believe that’s part of why Buffett used to say ETFs makes no sense to investors who “know something”.
- hockeyfan1990
- Sr. Member
- Apr 18, 2017
- 656 posts
- 530 upvotes
JMIA baby! Pumping today!hockeyfan1990 wrote: ↑Adding to my position in JMIA
- sleepyguy
- Deal Fanatic
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- Jun 11, 2001
- 9283 posts
- 1488 upvotes
GME up, LOL!
WSB wins again, haha!
WSB wins again, haha!
- jerryhung
- Deal Expert
-
- Sep 19, 2004
- 23924 posts
- 5573 upvotes
- where I belong
WSB 1, Citron 0 (well it did drop it to $36 to stop me out, FML), GME now $49's
I have little JMIA only
but nowadays, +10-20% a day without news seems quite normal LOL
Which Credit Cards to sign up? >> Jerry's List of Credit Cards with $200+ Welcome bonus/Aeroplan & AMEX Churning FAQ
AMEX Personal 60K || Business Platinum 75K || Biz Gold 40K
AMEX Personal 60K || Business Platinum 75K || Biz Gold 40K
- MashGhasem
- Member
- Nov 24, 2016
- 458 posts
- 537 upvotes
So I made a post yesterday and said I sold half of my enb and used it to buy hcln. Today hcln is the only thing green in my TFSA. Lmao
I'm so tempted to just sell all my boomer stocks and just go ballz deep into hcln.
I give up.
I'm so tempted to just sell all my boomer stocks and just go ballz deep into hcln.
I give up.
- johnnyepy666
- Penalty Box
- Mar 28, 2017
- 508 posts
- 339 upvotes
Boomer stock sucks price is already priced in. You need long term growth.MashGhasem wrote: ↑ So I made a post yesterday and said I sold half of my enb and used it to buy hcln. Today hcln is the only thing green in my TFSA. Lmao
I'm so tempted to just sell all my boomer stocks and just go ballz deep into hcln.
I give up.
- adam1799
- Newbie
- Mar 24, 2020
- 29 posts
- 22 upvotes
This is the first time I have participated in some WSB shenanigans - bought some GME. Just enough I won't be sad if it tanks but will make decent money if it sky rockets.
- EuRaFree
- Sr. Member
-
- Dec 2, 2017
- 523 posts
- 532 upvotes
I'd not change the strategy based on one day performance. But oh well, what do I know.MashGhasem wrote: ↑ So I made a post yesterday and said I sold half of my enb and used it to buy hcln. Today hcln is the only thing green in my TFSA. Lmao
I'm so tempted to just sell all my boomer stocks and just go ballz deep into hcln.
I give up.
Speaking of "boomer" poor choices. My boomer picks are 43% green so far midday.
- MashGhasem
- Member
- Nov 24, 2016
- 458 posts
- 537 upvotes
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