tag:blogger.com,1999:blog-6818486532233792196.post4136060374015832117..comments2024-03-18T14:35:45.389-04:00Comments on The Dividend Girl: Suze Orman Money Class at TV: taking advantage of the US recession to sale booksSunnyhttp://www.blogger.com/profile/10439081666297874311noreply@blogger.comBlogger15125tag:blogger.com,1999:blog-6818486532233792196.post-89982163329386468392011-12-01T21:45:03.584-05:002011-12-01T21:45:03.584-05:00I always want to buy more stocks, but when I do bu...I always want to buy more stocks, but when I do buy, I hold after. I am for the biggest part a buy-and-hold investor. What I have currently as portfolio is the result of years of ACCUMULATION. I am among the type of investors you can simply dream of. When I hold, I hold for real.Sunnyhttps://www.blogger.com/profile/10439081666297874311noreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-18351420158431855582011-12-01T21:25:59.635-05:002011-12-01T21:25:59.635-05:00It seems you're not the only one that's in...It seems you're not the only one that's in that situation, not wanting to buy any more stock. That's why the stock market has basically gone no where this past year. I am also having a hard time finding good stocks to invest in at a good price.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-3759009646796117222011-12-01T20:31:37.013-05:002011-12-01T20:31:37.013-05:00I think of myself as being probably one of the bes...I think of myself as being probably one of the best retail investor if not the best. :)<br /><br />Not the best in term of capital gain or in term of stock pick, but I am the best in term of stock attitude. I had been investing non stop for the past 7 years, following stock market crash after stock market crash.<br /><br />Some of my stocks had done very well, some other don't. I have develop my way to invest. I am not into popular stock. I never invested in oil specific stocks, RIM, Nortel or other shit. I am not into insurance companies stock either. Forget about Sun Life, Manuvie or other. An insurance company cannot be a good investment as they have to cover people and they give away too much money to be an interesting and highly profitable business. I don't think companies like Sun Life, Manulife and other are what we can consider being good companies to invest. They are not. I am very specific on what I am looking for. So specific that I came to an end where nothing interest me at this time in the stock market, no more new investment.<br /><br />In other words, I am kicking ass, and I am not even coming from a financial background. I had build my portfolio in stock crashes and that's the way to go. Fortune can be made in time of desperation and that's had been my purposes in my 5 years of active blogging.Sunnyhttps://www.blogger.com/profile/10439081666297874311noreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-34021253140606357842011-11-30T19:03:46.415-05:002011-11-30T19:03:46.415-05:00Most people that invest in stocks even people with...Most people that invest in stocks even people with a finance background like Derek Foster will make the same mistake of buying too much of one company and not diversifing enough. Most will be tempted to buy fallen star like Enron, Nortel, Rim and so on. Also most will be tempted to sell their losers and buy stocks that are going up which is the opposite you need to do. While most are going into safe stock right now, I believe you need to increase your more cyclical stocks. <br /><br />Market crash will get most correcting their mistakes and go a different path.<br /><br />Investing doesn't have to be complicated. Just buy 25% canadian etf, 25% US etf, 25% international and 25% bonds. Rebalance one or twice a year. The rebalancing makes you sell high and buy low. Don't have to worry about picking stocks. You don't lose sleep wondering if you made a mistake picking JE, MFC, ECA, DGI.UN, etc. <br /><br />I have a finance background and have done some of the mistake as Derek. Like someone else said, this can be addictive and you start to feel like you can't lose. But don't worry, market has a way at making you humble.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-25395632544601931122011-11-30T15:55:20.529-05:002011-11-30T15:55:20.529-05:00preserving the capital is what makes the money...preserving the capital is what makes the money...Ruth Anne Kruuvnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-54924086339642454222011-11-30T10:33:26.730-05:002011-11-30T10:33:26.730-05:00When Derek first retired, he was living off is sto...When Derek first retired, he was living off is stock portfolio. The books came after. Just goes to show that you just can't stay at home and do nothing. The kids are in school and I believe is wife works part time. Retirement early is not what it seems; think about it, what would you do every day if you wouldn't have to work.<br /><br />Derek's portfolio has changed as he admits he made mistake and he's adapting with his situation. Derek's portfolio was down quite a bit in 2008 and now he invest in larger more defensive companies that happens to be in the US that are less volatile than the smaller canadian companies. He's more worried about preserving his capital that doubling it. I still think that he should have a percentage invested in bonds though.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-37473223163143404262011-11-30T01:42:41.842-05:002011-11-30T01:42:41.842-05:00The problem with Derek Foster is that he makes inv...The problem with Derek Foster is that he makes investing seem too easy. He has admitted that he has a degree in accounting (i believe or finance). You don't think that he puts a lot of time into each of his investments. I read one of his comments explaining his leveraged bet on PM where he described looking at the history of their warning labels among other things. These are not the actions of an "idiot investor". <br /><br />He is a very intelligent person who has tapped into a market of people who want to build wealth easily. He is a book salesperson. I enjoy his books but trying to get new investors into things like options is dangerous. Also, even if you follow his portfolio, you have to time your purchases and be able to evaluate when these stocks represent good value. And even if you are able to do so, you are fighting against money managers etc. buying the same stocks. <br /><br />All this to say, I am a fan of reading his books, just make sure you read them with a critical eye. Perhaps reading books like "The Intelligent Investor", "The Warren Buffet Way", and "The Quest for Alpha" would bring some other perspectives.Jamesnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-86502540666538551932011-11-29T22:30:14.098-05:002011-11-29T22:30:14.098-05:00Hi Mark,
Derek Foster portfolio change over the y...Hi Mark,<br /><br />Derek Foster portfolio change over the years. I made a great deal of cash with PPL, ENF and a few other. Those were his stocks. But strange thing being that he doesn't own them anymore. So is pretty mess up.<br /><br />Derek Foster make money from his books and have a lot of $$$. So his portfolio reflect his new situation.<br /><br />The newsletters and books are good reading. My result really kick off following the reading of the Lazy Investor in 2008. I cannot denied the importance of his work on my result.<br /><br />What he wrote about his ways for individuals to make money from the stock market. It's not exactly what he did himself. That part irritate me for a while but following what, I took the book for what they were without attaching them to the author and it worked better that way. There's a HUGE in between that is right between what he had done himself and what he is teaching. Of course, that suck but that's how it is with Derek Foster.<br /><br />However, it's all good stuff.Sunnyhttps://www.blogger.com/profile/10439081666297874311noreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-42164018677440399442011-11-29T22:06:14.317-05:002011-11-29T22:06:14.317-05:00Hi Sunny-Congrats on educating yourself by subscri...Hi Sunny-Congrats on educating yourself by subscribing to Derek Foster's newsletter. How are you enjoying it? Is it a monthly/weekly publication? <br />One criticism I have of Derek Foster is that he doesn't see the BIG PICTURE. You say he is invested in US stocks. Does he give a compelling reason or do you take his advice blindly? As an investor, It's important to read books and to always educate yourself on stuff you don't understand, because in the end, the dog that knows what's happening and invests with that knowledge will do better than the amateurs and talking heads on CNBC.<br />MarkAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-88677505681785953252011-11-29T16:01:48.173-05:002011-11-29T16:01:48.173-05:00It's not because I don't like Suze Orman t...It's not because I don't like Suze Orman that I think I am somebody else, by the way.Sunnyhttps://www.blogger.com/profile/10439081666297874311noreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-18027735591546279982011-11-29T16:01:08.091-05:002011-11-29T16:01:08.091-05:00I am pretty down to earth with everything and that...I am pretty down to earth with everything and that included my investment. <br /><br />It's pretty much conservative stuff that I hold anyway. I don't trade on options because I don't undertstand them. I don't go too much in the deep and I just do what I understand. <br /><br />I am not taking that much risks. I can handle my current level of debt but I know I shouldn't go deeper. The whole point of this was to have a 100k worth portfolio for my 30th birthday last year, I did so. It wasn't more than that. But I am getting a sense of what you mean.<br /><br />I was pleased to received Derek Foster latest newsletter. I took a quick look. It's seem like his only holding US stocks. I was surprised. The idea is good. A Dividend Girl need a dividend update. You can compare that stuff to a Dividend Girl manicure.Sunnyhttps://www.blogger.com/profile/10439081666297874311noreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-70198546482648999402011-11-29T13:15:22.759-05:002011-11-29T13:15:22.759-05:00Since you are the 'dividend' girl it would...Since you are the 'dividend' girl it would be interesting for you to do a dividend portfolio update like Derek Foster did in his newsletter. (Which stocks cut dividends, which didnt change and which increased dividends and by what %)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-60288660863081834322011-11-29T02:29:01.739-05:002011-11-29T02:29:01.739-05:00It does not make any sense for you to have an emer...It does not make any sense for you to have an emergency fund while you carry all that debt. But you should focus on paying down some of your debt especially since you seem to have no focus in your portfolio and chase high yielders like JE. <br /><br />I wish you luck but fear you might fall into the trap of thinking you have more expertise then you do.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-2677170159017687152011-11-28T17:23:23.495-05:002011-11-28T17:23:23.495-05:00Hi Ruth,
The stock market was up today, which is ...Hi Ruth,<br /><br />The stock market was up today, which is a good thing. I am getting closed to the 110k in my non-registered portfolio. It's great to be able to experience some gains again.<br /><br />I understand that having an emergency funds is something important. I agreed with that. Suze Orman sometime gives good advice, other time she doesn't. I am doing to explain more in my next post about what I had watched at TV yesterday and disgusted me.Sunnyhttps://www.blogger.com/profile/10439081666297874311noreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-57969806610782688442011-11-28T11:01:40.830-05:002011-11-28T11:01:40.830-05:00HI Sunny..love your blogs and your thoughts. i am...HI Sunny..love your blogs and your thoughts. i am however a fan of suzie..an emergency fund is a must for most people. i noticed you are in favour of just energy, i think they must have a lot of debt.it will be a dog's age for that stock to go back up..the stock market is way up today and just energy is down, a broken stock that pays all it's profits on dividends and you lose on the capital. yes, not a loss till you sell but it could be in a better stock instead of waiting and it could go down again. my thoughts , i think you have done wonders for your age group considering some i know that have only a car and debt..way to go!Ruth Anne Kruuvnoreply@blogger.com