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Posted by Lokmar
- December 03, 2025, 09:36:44 AMQuote from: JOE on December 03, 2025, 02:24:24 AMWell Lokmar....I'm not sure.
But I keep hearing itll be a rough time. Ie -
That's why I'm rebalancing the portfolio rather than later when it's too late.
Takin' a page outta Warren Buffets playbook, should be at least 40% invested in TBills & safe utility stocks that will never go out of business like banks utilities eh? Or the larger banks that will never go outta business if ya can't find one in the States, then RBC ie Royal Bank of Canada is a safe bet cuz it's like a government backed security. The government here will never let it go bankrupt. I think even Americans buy their stock in the NYSE. Or Canadian Utilities stock is recommended by Americans on YouTube. Another quasi government stock that wont go bankrupt.
As far as the USA goes I think even investing in Google and Apple aren't bad either because they can be a defensive AND an offensive stock at the same time. In hard times people will need cheap entertainment. Of course Google owns YouTube which actually provides a lot of ordinary people with a steady income, even in bad times. They get paid for providing free entertainment and content to the public. And Apple iTunes which is another source of cheap entertainment. Also companies that provide games which is also a cheap entertainment. Netflix as well.
But of course when people don't have any money they wont buy a Tesla or go on expensive vacations. Or buy homes.
Rather prepare for hard times now rather than later...eh Lokmar?
I got lots of shit including a car paid off this year. I've bought all the guns and ammo I wanted to. I'm where I want to be.
Posted by JOE
- December 03, 2025, 02:24:24 AMQuote from: Lokmar on December 02, 2025, 12:13:05 PMSo when's this crash, josephine? WHEN?
Well Lokmar....I'm not sure.
But I keep hearing itll be a rough time. Ie -
That's why I'm rebalancing the portfolio rather than later when it's too late.
Takin' a page outta Warren Buffets playbook, should be at least 40% invested in TBills & safe utility stocks that will never go out of business like banks utilities eh? Or the larger banks that will never go outta business if ya can't find one in the States, then RBC ie Royal Bank of Canada is a safe bet cuz it's like a government backed security. The government here will never let it go bankrupt. I think even Americans buy their stock in the NYSE. Or Canadian Utilities stock is recommended by Americans on YouTube. Another quasi government stock that wont go bankrupt.
As far as the USA goes I think even investing in Google and Apple aren't bad either because they can be a defensive AND an offensive stock at the same time. In hard times people will need cheap entertainment. Of course Google owns YouTube which actually provides a lot of ordinary people with a steady income, even in bad times. They get paid for providing free entertainment and content to the public. And Apple iTunes which is another source of cheap entertainment. Also companies that provide games which is also a cheap entertainment. Netflix as well.
But of course when people don't have any money they wont buy a Tesla or go on expensive vacations. Or buy homes.
Rather prepare for hard times now rather than later...eh Lokmar?
Posted by Lokmar
- December 02, 2025, 12:13:05 PMQuote from: JOE on December 02, 2025, 09:42:29 AMAre you heavily invested in the stock market Lokmar?
I'm buying mostly utilities bank stocks & staples eh. Gold n money market too.
If I was buying American stocks itd be something like PepsiCo or Coca Cola eh. Or pg&e.
Me thinx 2026 will be a rough year in the markets especially those who own tech stocks & bitcoin.
I'd go to higher ground & buy stocks that are safe...eh Lokmar?!?
So when's this crash, josephine? WHEN?
Posted by JOE
- December 02, 2025, 09:42:29 AMQuote from: Lokmar on December 02, 2025, 09:21:40 AMIts been a month since this BS and the stock market STILL hasnt "crashed". When, josephine?
Are you heavily invested in the stock market Lokmar?
I'm buying mostly utilities bank stocks & staples eh. Gold n money market too.
If I was buying American stocks itd be something like PepsiCo or Coca Cola eh. Or pg&e.
Me thinx 2026 will be a rough year in the markets especially those who own tech stocks & bitcoin.
I'd go to higher ground & buy stocks that are safe...eh Lokmar?!?
Posted by Lokmar
- December 02, 2025, 09:21:40 AMQuote from: JOE on November 06, 2025, 09:58:27 PMStaunch Republican and former Reagan Advisor Steve Hanke explains why the American stock market is crashing:
Its been a month since this BS and the stock market STILL hasnt "crashed". When, josephine?
Posted by JOE
- December 02, 2025, 07:34:34 AM...so it's best to continue to buy shares in the top 3 Canadian banks & forget the rest.
Posted by JOE
- December 02, 2025, 07:32:05 AMSo DKG
DKG I bought shares in each of Canada's Big Banks.
After a month here's what I found:
3 of them were up.
1. Scotiabank
2. National Bank
3. Royal Bank
3 of them went down:
1. CIBC
2. Bank of Montreal
3. TD - Toronto Dominion
DKG I bought shares in each of Canada's Big Banks.After a month here's what I found:
3 of them were up.
1. Scotiabank
2. National Bank
3. Royal Bank
3 of them went down:
1. CIBC
2. Bank of Montreal
3. TD - Toronto Dominion
Posted by JOE
- November 06, 2025, 09:58:27 PMStaunch Republican and former Reagan Advisor Steve Hanke explains why the American stock market is crashing:
Posted by JOE
- November 03, 2025, 12:03:39 AMI shoulda bought s'more when I had the chance.
Silver will become 'the New Gold' when the SHTF eh?
Why ask the people of Argentina.
Silver is their preferred metal if choice...not Gold!
Silver will become 'the New Gold' when the SHTF eh?
Why ask the people of Argentina.
Silver is their preferred metal if choice...not Gold!
Posted by JOE
- October 19, 2025, 05:03:25 PMQuote from: Lokmar on October 19, 2025, 03:08:08 PMI wish I could have too, josephine. Instead, I focused on paying off debt and giving everyone birthday and Christmas presents in gold and silver.
Yer a good man...Lokmar!
I suppose when ya become a family man & father ya caint be selfish, eh?
Kinda reminds me of this movie scene:
No turnin' back en?
Posted by Lokmar
- October 19, 2025, 03:08:08 PMQuote from: JOE on October 19, 2025, 05:58:02 AMI bought s'more Gold last week Lokmar.
And it's worth 10% more this week than the week before.
I wish you coulda bought some too & benefited the way I did...Lokmar.
I might buy s'more.
Maybe another 5 ounces eh?
It's gettin kinda expensive tho.
So I might buy s'more Gold stocks instead.
Those have gone up real good too...Lokmar!
You oughta buy some a those if you haven't already Lokmar
I wish I could have too, josephine. Instead, I focused on paying off debt and giving everyone birthday and Christmas presents in gold and silver.
Posted by JOE
- October 19, 2025, 05:58:02 AMQuote from: Lokmar on October 19, 2025, 02:49:41 AMGlad I could help! BTW, Thiel says you need to buy a few stitches for your asshole.
I bought s'more Gold last week Lokmar.
And it's worth 10% more this week than the week before.
I wish you coulda bought some too & benefited the way I did...Lokmar.
I might buy s'more.
Maybe another 5 ounces eh?
It's gettin kinda expensive tho.
So I might buy s'more Gold stocks instead.
Those have gone up real good too...Lokmar!
You oughta buy some a those if you haven't already Lokmar
Posted by Lokmar
- October 19, 2025, 02:49:41 AMGlad I could help! BTW, Thiel says you need to buy a few stitches for your asshole.
Posted by JOE
- October 19, 2025, 01:16:33 AM....subsequently Gold has appreciated 100% in price since last year.
Oh well. Their loss, my gain I suppose.
Actually it was Lokmar who advised me ta buy a lotta Gold last year.
So I owe it ta him.
Thanks, Lokmar!
Oh well. Their loss, my gain I suppose.
Actually it was Lokmar who advised me ta buy a lotta Gold last year.
So I owe it ta him.
Thanks, Lokmar!
Posted by Oliver the Second
- October 13, 2025, 11:50:37 AMI prefer the "Flush the money down the toilet and save on brokerage fees" strategy. It also frees up a lot of extra time.