So, after severe procrastination I decided to jump into the fray & open a brokerage account where I bought my first stocks in years. Last time I bought any was 40 years ago.
Better later than never I suppose.
I got room in my TFSA so I started investing. Thought this might be an appropriate thread to talk about it. Anyway it's a new adventure fer me so tell you how it goes...folks!
Unlike many of you turncoats hea' I've decided to embrace this Liberal Government's economic plans.
I recently purchased 100 shares in Imperial metals because they are developing a copper mine in Northern British Columbia. This is in conjunction with Newmont Gold. I figger with backers n partners like that, it's a can't lose win win for Investors and all of Canada.
Next I intend to invest in pipelines and natural gas, another area being promoted by the Carney Government.
So if all goes well im gonna leave all you naysayers bitin' the dust eh?
I believe in Canada's future even if many of you here do not.
I keep hearing we might be on the verge of a recession or something even worse.
So if any of ya don't have or can't afford physical Gold, Gold stocks might be yer best bet, eh.
So I recently opened up a trading account to start buying stocks. Truth be known, I hadn't bought any in quite a while. Last time I did, I bought 100 shares in a company for $600 or $6 per share. And I ended up selling them for $750 for a $150 profit. Shortly after that the shares went down & the company went bust.
Anyways I opened up a Questrade account & soon figgered out that the best way ta buy stocks is as little as possible at the beginning. Not 100 shares, 1000 or 10,000.
Like anything the investor has ta figger out if the shares he buys from are any good.
So the strategy I've employed is to buy 1,5 or 10 shares at a time. But if it's a penny stock then buy 100 if it's really cheap, buy 1000 shares. Then wait a few days, week or even a month to see where the stock is going. If the stock goes up, buy s'more. But if it doesn't then don't buy any more or just sell the initial investment.
Seems in an unstable market or poor economy it doesn't make any sense to pile into the stock market. So if it crashes next year ya don't lose yer shirt.
In other words just keep the inventory of stocks in the portfolio low particularly during a slow economy like we are experiencing now.
Anyways that's how i intend to approach it, with as low risk as possible. Buy if at all possible during the dips, and sell if they become a bumper crop.
However I'm not an all in kinda investor.
Feel free to agree or disagree but that's how I intend to approach buying stocks.
Buy and hold long term is the best strategy IMHO. Buy good companies and watch your $$ grow.
Quote from: Renegade Quark on October 13, 2025, 12:38:52 AMBuy and hold long term is the best strategy IMHO. Buy good companies and watch your $$ grow.
Old Joe is at least seventy and the wanker is a fake as fuck troll. His act is day trading for seniors.
I prefer the "Flush the money down the toilet and save on brokerage fees" strategy. It also frees up a lot of extra time.
....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!
Glad I could help! BTW, Thiel says you need to buy a few stitches for your asshole.
Quote 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
Quote 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.
Quote 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?
I 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!
Staunch Republican and former Reagan Advisor Steve Hanke explains why the American stock market is crashing:
So
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
...so it's best to continue to buy shares in the top 3 Canadian banks & forget the rest.
Quote 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? :popcorn:
Quote 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? :popcorn:
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?!?
Quote 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?
Quote 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?
Quote 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.
Not too much more tho.
Maybe jes' 30 oz of Silver
& an ounce of Gold.
Might even get an ounce of Platinum.
That way I'll achieve my goal of 200 oz Silver.
Still workin' on the 25 oz of Gold tho.
I'm tryin' ta make to 10 oz of Platinum one day as well.
After that I'll stop I think.
Gittin' too expensive.
It's not really an investment so much as a hedge against currency debasement and economic Hard Times many think are comin'
Anyways, thanks Lokmar fer all yer timely advice through the years.
I shore benefited from it!
Quote from: Ravey on December 12, 2025, 08:04:35 PMJo Jo loves nom nom noming on his GOLD foiled chocolate coins :laugh3:
(https://i.ibb.co/Ndsq2TrV/sloppyjoef.gif)
You gotta own Gold or else you're a non-person unworthy of continuing to exist
Ravey
Raven.
At least .... that's what YouTube tells me. So it must be true.
So....get some Gold...or else yer out.
Heck you don' even deserve to be citizen of yer own country if ya don' have any.
so git some...if you don' own any already, Raven.
FOMO...yanno.
Quote from: Prof Emeritus at Fawk U on December 12, 2025, 10:20:41 PMNow what did Bono and The Edge do to you? :s_laugh:
Ya beddah buy some Gold or else you'll be left behind too
Prof Emeritus at Fawk U
Prof
Quote from: sicknote on December 12, 2025, 10:21:48 PMYou better have written ThielT nicely into your will you magpie, he cares for you soo much.
Ya better buy some Gold too
sicknote
sicknote.
Else you'll be left behind like the rest of them.
Don't say I didn't warn ya!
I care so deeply for the ones on The Blue Cashew who don't own any gold.
Maybe
DKG
DKG can help since he appears to have deep pockets.
Hit 'em folks, and he might cough up an ounce o2 for you!
Quote from: JOE on December 12, 2025, 10:22:05 PMYa beddah buy some Gold or else you'll be left behind too Prof Emeritus at Fawk U
Prof
Go buy yourself a gold plated dildo because it sounds like you need one.
Not too long ago, my credit scare was only 420.
(850 is top score in USA, 900 in Canada)
Needless to say, I was in dire straits.
so if yer down on yer luck like I was, fear not, you kin make a comeback like I did.
Unlike Dave Ramsey, I didn't even have ta declare bankruptcy or a debt settlement.
so it can be done.
I remember a couple of years ago
formosanF fashionista wrote a thread about it.
So...it's kind of a response to that.
There's hope...even where yer down on yer luck & there doesn't appear to be any left.
JOEJ are you honestly this one dimensional, you are like LotusBud talking about Trump or Admin posting cringe memes.
Is your entire personality this one thing :facepalm:
Quote from: sicknote on December 12, 2025, 10:44:52 PMJOEJ are you honestly this one dimensional, you are like LotusBud talking about Trump or Admin posting cringe memes.
Is your entire personality this one thing :facepalm:
I think you people here at the Blue Cashew are too serious
sicknote
Ya never joke, ya always seem uptight, never relax
Heck everything bothers you people.
About the only persons I can seem to have a conversation with are
Reggie Essent
Reggie and
Dove
Dove.
The rest of ya...are always hidin' behind yer handles/alts.
what are you afraid of?
Heck even Reggie ventures over to BF or other forums & he aint afraid to mix it up over there.
Dove too.
Ya'll oughta relax. Let down yer hair.
Quote from: JOE on December 12, 2025, 10:49:30 PMI think you people here at the Blue Cashew are too serious sicknote
Ya never joke, ya always seem uptight, never relax
Heck everything bothers you people.
About the only persons I can seem to have a conversation with are Reggie Essent
Reggie and Dove
Dove.
The rest of ya...are always hidin' behind yer handles/alts.
what are you afraid of?
Heck even Reggie ventures over to BF or other forums & he aint afraid to mix it up over there.
Dove too.
Ya'll oughta relax. Let down yer hair.
Hey bud let's just be clear it was an honest observation, I just dont see you talk about anything other than money.
Its boring, im not annoyed at you or upset or anything and I do have a laugh I've been poking fun at you for weeks pal :popcorn:
I was gonna buy some this morning, but I looked at the price & now it's too much.
Over $60 US for Silver Maple or $90 Canadian.
$600 US + for 10 or $900 Canadian where a scant 6 months ago it was half that price.
Suffice to say, I'm no longer interested in paying those prices.
I had been hoping to top off my silver stack at 200 ounces, but now it's no longer cost effective.
So I might stop.
Jes be satisfied with what I got.
Oh well.
Unfortunately, this may be the last year I'll buy anymore silver.
Eat shit and die, dick sleeve.
U fukin idiot, with the gold/silver ratio below 70:1, you should be swapping silver for gold! Better yet, platinum!
I'm really surprised it hit nearly $65 this last week. Maybe it goes higher, who the fuck knows. Speculation is $100/oz now. I never would have bet on it. I dont think it goes down until mining has caught up with demand. 2 years is my guess.
All my keyuds getting more of my silver stack for Christmas this year. Got a 10th oz gold eagle for my new grandkid.
Quote from: Lokmar on December 13, 2025, 05:23:56 PMI'm really surprised it hit nearly $65 this last week. Maybe it goes higher, who the fuck knows. Speculation is $100/oz now.
Quote from: Lokmar on December 13, 2025, 05:23:56 PMU fukin idiot, with the gold/silver ratio below 70:1, you should be swapping silver for gold! Better yet, platinum!
Say...that might be a good idea...Lokmar!
Thx fer the tip! 'Stead of spendin' all my money on overpriced metals.
I might trade in 80 ounces of silver fer one ounce of Gold, eh?
Or 30 oz silver could get me one ounce of Platinum & still have some left over.
Will letcha know.
thanks Bud!
Quote from: JOE on December 15, 2025, 07:09:16 AMSay...that might be a good idea...Lokmar!
Thx fer the tip! 'Stead of spendin' all my money on overpriced metals.
I might trade in 80 ounces of silver fer one ounce of Gold, eh?
Or 30 oz silver could get me one ounce of Platinum & still have some left over.
Will letcha know.
thanks Bud!
Pussycat, there is no need to make up stories. I will make sure to put some silver and gold chocolate coins in your stocking for Christmas.
....when he called me 'a fuckin' idiot' I knew my Good Friend Lokmar had some Golden Nuggets of wisdom:
QuoteU fukin idiot, with the gold/silver ratio below 70:1, you should be swapping silver for gold! Better yet, platinum!
...so I did Lokmar! I did!
I got me 1 oz of pure Gold after I swapped it for 70 oz of silver, eh?
Thing is because I bought silver last year before the prices went up I got the Gold for less than $2500 US dollars.
Yet Gold us $4300 US per ounce.
That was a good swap...Lokmar!
Plus the mintage was really low on this coin, less than 300.
So that makes it quite rare.
Anyway that was good advice ...Lokmar.
That was like gettin a 1/2 ounce gold fer free.
Didn't even spend a dime today.
Quote from: Lokmar on December 18, 2025, 03:13:28 PMFomenting racism. Thats what libtards do best! SEIG HEIL!
Hey thanks for the tip about tradin' in the silver fer gold eh?
Thanks ta you I've enriched myself further
That was good advice...Lokmar!
Quote from: Lokmar on December 18, 2025, 04:56:41 PMMy advice was buy platinum actually. Its gone up a much higher 5age than gold, dummy. Should have listened!
I'm gonna do that too ....Lokmar!
I still got at least 80 more ounces of silver ta trade in eh?
...I done like ya told me to....Lokmar!
Traded in the Silver.
Now I got 2 more oz of Platinum and 5 more ounces of Gold.
I hope yer right!
.....only time will tell.
Will post pics if ya like.
Quote from: JOE on December 20, 2025, 08:59:09 PM...I done like ya told me to....Lokmar!
Traded in the Silver.
Now I got 2 more oz of Platinum and 5 more ounces of Gold.
I hope yer right!
.....only time will tell.
Will post pics if ya like.
I see you're capable of learning. I'm surprised!
My family in Florida got Silver Eagles for Christmas this year. All I have now are collectables.
Quote from: Lokmar on December 20, 2025, 09:51:08 PMI see you're capable of learning. I'm surprised!
I'll post some pics of my trade ins later on
...specially fer you
...Lokmar!
Quote from: Lokmar on December 20, 2025, 09:53:16 PMMy family in Florida got Silver Eagles for Christmas this year. All I have now are collectables.
Somehow Me thinx this Silver Honeymoon won't last for Investors...Lokmar!
I think yer right about tradin' it in, eh?
Gold, but Platinum even better.
May as well take advantage of 'the honeymoon in the Silver price while it lasts, eh?
Whaddya think, Lokmar?
Will the price of Silver keep goin' up?
Or will it fall?
Quote from: JOE on December 20, 2025, 09:57:51 PMSomehow Me thinx this Silver Honeymoon won't last for Investors...Lokmar!
I think yer right about tradin' it in, eh?
Gold, but Platinum even better.
May as well take advantage of 'the honeymoon in Silver while it lasts, eh?
Whaddya think, Lokmar?
Will the price of Silver keep goin' up?
Or will it fall?
Its anyones guess at this point. Some are saying silver will hit $100 in 2026. Unless someone starts mining the ever loving shit out of silver, I dont see a price drop any time soon.
Quote from: Lokmar on December 20, 2025, 09:59:24 PMIts anyones guess at this point. Some are saying silver will hit $100 in 2026. Unless someone starts mining the ever loving shit out of silver, I dont see a price drop any time soon.
Well I only paid between $20-40 US for all that Silver per ounce last year or 2, eh?
So average maybe $30 ounce at most.
So trading up made sense, cuz it was like gettin' Platinum & Gold 1/2 price, cuz Silver price outpaced the other 2.
Otherwise I woulda paid twice as much for what I got today.
I didn't pay very much for all that silver, eh?
But it was just the luck of the draw so I cashed out/traded in.
Anyway think I'm done with buying precious metals...Lokmar.
Theyre too damn expensive now.
Really the only way to get them in today's market is to trade up silver bought a year ago & then use those gains to buy something else.
So I don't think I'll buy anymore. Just wait for a correction see if prices drop.
If they do I'll buy s'more.
But .... if they don't....I'm done! No more!
Warren Buffett is preparing Berkshire Hathaway for a fall in the US Dollar...
https://x.com/Mrcryptoxwhale/status/2002152297749753996?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E2002152297749753996%7Ctwgr%5Ede92ded5489b5b2bfad2cd6bbdd158193ebd7ff4%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-36668176162078918352.ampproject.net%2F2510081644000%2Fframe.html
...what are the implications for investors & the stock market in 2026?
Quote from: JOE on December 21, 2025, 09:07:57 PMWarren Buffett is preparing Berkshire Hathaway for a fall in the US Dollar...
Joe Biden is 83 and he has mush for brains, Warren Buffet is 95. There's gotta be some mental decline by now.
Quote from: sicknote on December 25, 2025, 02:23:50 PMI'd like to say it's been a blast JOEJ but I don't want any coal next year for Christmas.
Wheel him off ThielT :popcorn:
No coal fer me.
I bought s'more Gold 'n Platinum for Christmas,
sicknote
.
I'll post s'more photos of them if you like.
I know my good friend Lokmar would approve.
Good to buy platinum. Good to trade silver for platinum OR gold.
Quote from: Lokmar on December 28, 2025, 08:41:54 PMGood to buy platinum. Good to trade silver for platinum OR gold.
I did as you told me to ...Lokmar!
I traded in more Silver fer Gold 'n Platinum, eh?
By now, most of my Silver stash is depleted but by Gold 'n Platinum reserves are incerasing, eh?
I'll post some pics at a later date of my acquisitions.
Quote from: JOE on December 28, 2025, 09:53:30 PMI did as you told me to ...Lokmar!
I traded in more Silver fer Gold 'n Platinum, eh?
By now, most of my Silver stash is depleted but by Gold 'n Platinum reserves are incerasing, eh?
I'll post some pics at a later date of my acquisitions.
Hopefully you did before the pull back silver just had. It was bound to happen.
....yesiree!
'specially after Silver went down 7% today.
But Gold only declined by .5%
https://www.kitco.com/price/precious-metals
Thanks .....Lokmar!
That was Mighty Good advice.
Have a Happy New Year!
....Traded most of my Silver in fer Gold n Platinum & paid a fraction of it's current market value.
Because of Lokmar I acquired Gold n Platinum fer pennies on the dollar
That had ta be the easiest n most lucrative investment I ever made in my life.
Thanks again...Lokmar!
You've been a good friend even if you deny or don't realize it.
Being close ta Christianity & her God musta bestowed ya with money making powers fer others, eh?
Thank you josephine. I am pretty much the greatest!
Thiel will be retaliating shortly by pummeling your asshole into oblivion while hissing in my general direction.
FACT!
Quote from: Lokmar on January 03, 2026, 12:10:06 AMThank you josephine. I am pretty much the greatest!
I know because you are close ta God he bestowed upon you the power to make others wealthier...Lokmar!
I am living evidence of this.
And the Lord is Good ta me because of you...Lokmar!
I know both work hard, dutifully pay their taxes which has allowed me to receive a generous pension from the Canadian government. And neither is eligible for a government pension for some time yet. Plus the retirement age might be raised & cut back by the time they retire so I am grateful.
I live in the Best Country in the Whole World.
Congratulations! Now you can drop the chocolate gold coins and move up to the bullion!
(https://i.imgur.com/x93a8yI.png)
APMEX Imposes $10K Minimum To Curb Demand Due To Record Gold & Silver Highs
(https://i.imgur.com/jVsK1go.jpeg)
APMEX said unprecedented order volumes tied to repeated record highs in gold and silver have pushed operational capacity to the point that it is instituting a $10,000 minimum order to "help keep volumes down and improve service levels," alongside broader fulfillment and product-availability controls.
In a customer letter, CEO Ken Lewis described the last two weeks as historic, citing multiple record highs for both metals and a surge in demand "unlike anything we've seen in years," driven by global uncertainty, inflation concerns, and renewed interest in hard assets, with inflows from both new customers and returning investors adjusting positions.
"This level of demand brings real challenges across the entire industry. Supply is tight, order volumes are elevated, and service channels are under pressure. Many firms are struggling to keep pace. In moments like these, the difference between providers becomes clear," he explained.
https://thedeepdive.ca/apmex-imposes-10k-minimum-to-curb-demand-due-to-record-gold-silver-highs/