Message Board Archives

about 2 weeks ago

In reply to ray

The stock market had a correction coming

Its a bit quicker now with an idiot in the White House.

In reply to ray

I sold my individual stocks about a month ago too!

In reply to StumpCam

smart...I was hoping to hold on, but then I saw the spiral. Same with individual stocks

In reply to ray

Give it a week or two and you can start buying again .....

In reply to Kay

depends

In reply to ray

Just like in his first term, the Dotard will once again manipulate and use the Wall St casino for his pump and dump schemes.

Good luck to anyone putting their hard earned cash into that corrupt shit show of a "market".

I'm buying on the dip

In reply to ray

The best buy indicator I've found, the most bulletproof, is when random posters in the backroom begin bawling doom and gloom on the market.
It never fails to create gainzzz!

In reply to VIX

I bought the fear today and will continue in tranches for the rest of the week.

Going for broke.

In reply to XFactor

Good on you.

One particular poster here, on this thread too, has been bawling for the last 20 years of an impending and complete market collapse.
Needless to say the market has more than quadrupled in that time.

Can't disagree that prices coming down is a good time to buy...but I am betting they come down more

In reply to ray

What in babyoil you pdiddy nowi dont know who you fooling

In reply to VIX

STDJones believes he can spoof the markets with his forecasts.

In reply to XFactor

I wasn't referring to him. No one pays attention to that low-value poster.
Leave him be with his choochoo trains and dolly houses.

In reply to ray

Some of y'all got wiped out by the Wall St casino during the Dotard's first term and y'all lining up to get wiped out again?

Einstein was right: "The universe and stupidity are infinite".

In reply to SnoopDog

Wall Street is much like gambling. Nobody should place money they don't have.

Money under the mattress comes with risk as well.

In reply to XFactor

When I was in law school our contracts and remedies prof was an old Jewish lawyer.

I'll never forget what he said to us one day after class - the Jews have a saying "no man is poor who owns land".

Good luck and happy gambling to y'all at the Wall St casino.

In reply to SnoopDog

Nutting wrong with owning a piece of the earth, but casinos operate for good reason.

In reply to SnoopDog

This is my portfolio:

25% ...gold
25 % stocks...only Canadian banks
25% real estate
25% T bills can be turned into liquid quickly.

Plus a few Bitcoins to play with.

One will never get hurt. Started over 15 years ago.

In reply to XFactor

In reply to sgtdjones

Never bought T Bills. Matter of fact, I know nothing about them.

Currently, what is the 1 year yield?

In reply to SnoopDog

The Dotard is able to scam the system and write it all off.

In reply to sgtdjones

In reply to XFactor

Canada one year ...2.74% for Feb 28 2025
3 month ...2.82 %
Long Term Average 4.25%

In reply to XFactor

In reply to SnoopDog

You notice every 90 days billions Canadian banks are making...

I am pissed at TD ...$5 billion fine
I am glad the CEO is gone.

TD Bank Group ("TD" or the "Bank") (TSX: TD) (NYSE: TD) today announced its intent to sell its entire equity investment in The Charles Schwab Corporation ("Schwab") (NYSE: SCHW) through a registered offering and share repurchase by Schwab. TD will continue to have a business relationship with Schwab through the Insured Deposit Account (IDA) Agreement. 15 Billion.

In reply to sgtdjones

You seem to have forgotten the financial crisis and housing bubble in the US. The banks have complained miserably about the risk management practices they had to implement, and the Dotard seem to agree with them.

In reply to XFactor

We're talking about Canadian banks.

No one with half a brain would invest in American banks.

In reply to XFactor

Not Canadian banks; they are tightly regulated.

American banks are Ma and Pa Operations.

Cotangent effect. And most of the Canadian banks have a large presence in the US. As you pointed out TD docked 5B.

In reply to XFactor

DId you pick up some Nvidia?

In reply to XFactor

In reply to XFactor

In reply to ray

Yes@$110.95 this morning. I was tempted to sell when it got to $118.

In reply to XFactor

I held off...little skittish

In reply to camos

Canadian banks have a large retail presence in the United States

Toronto-Dominion Bank (TD) has the largest presence with branches and ATMs across many states.

As does Royal Bank of Canada (RBC) and Bank of Montreal (BMO) which operates through BMO Harris Bank.

Canadian Imperial Bank of Commerce (CIBC) operates but to a lesser extent compared to the others.

In reply to ray

The market sell-off could induce fear in the most experienced investor, but Nvidia has a multi-Year growth profile.

I held my nose and bought.

In reply to XFactor
I bank with TD, but none of the banks you mentioned has a national footprint, they may operate in regional areas, but for a bank to be large it has to have national presence, and TD is the only one close to that.

In reply to camos

TD has a large, but not a national presence. Their expansion has been curtailed by a money laundering scandal over the past couple of years.

In reply to camos

Canadian banks portfolios in the USA:

Toronto Dominion
TD Bank, N.A. is a US subsidiary of the Canadian TD Bank Group.
TD Bank acquired Commerce Bank in 2008 and South Financial Group in 2010.
TD Bank's headquarters are in Cherry Hill, New Jersey.
1,241 branches.

Canadian Imperial bank of Commerce
CIBC has offices across the US, including CIBC Bank USA, US Commercial Real Estate, and Real Estate Finance.
CIBC offers cross-border banking solutions, including US bank accounts, credit cards, mortgages, and insurance.


Royal Bank Of Canada
RBC has a US banking subsidiary, RBC Bank, which offers cross-border banking services to Canadian travelers and expats.
RBC also has a US subsidiary, City National Bank, which operates in 11 US states.
RBC has a US wealth management subsidiary, RBC Capital Markets

Bank of Montreal Harris
Affiliated with Bank of the West
The combined companies will have more than 1,000 branches and 42,000 ATMs located in 32 U.S. states.
BMO is one of the largest banks in the Midwest, with over 600 branches in Illinois, Iowa, Wisconsin, Indiana, Kansas, Missouri, Minnesota, Arizona, Florida and California.

Desjardins
(Desjardins Bank branches in Florida: Hallandale Beach, Pompano Beach, Lauderhill and Boynton Beach)

The big 5 banks in Canada

Royal Bank of Canada (RBC),
Net assets under management of CA$1.223 trillion.

Toronto-Dominion Bank (TD Bank),
Assets under management of just under CA$489 billion

Bank of Nova Scotia (Scotiabank),
Assets under management. CA$349 billion

Bank of Montreal (BMO),
Assets under management of CA$386 billion.

Canadian Imperial Bank of Commerce (CIBC).
Assets under management.CA$349.2 billion

In reply to ray

My 401k is down 30% but my individual portfolio is up 145% with strategic sniper put plays. You have to know how to play this unpredictable market in both directions.

In reply to ray

Don’t fall for the I’m smarter than everyone trap. You might’ve gotten lucky this time, but honestly this was nothing. The market routinely pulls back 5, 10, 15 percent from its high point every year. Time in the market is more important than timing the market. Granted there is more volatility because of a certain orange clown, but if you invest long term whatever happens will be just a blip on your long term chart. I’m down a boatload and I really couldn’t care less. I just view it as an opportunity to buy more. The sooner you realize you know nothing and you’re not smarter than the market, the better you will be. Trust me, you will get destroyed trying to go in and out. People 10x smarter than you or me struggle to beat the market. Don’t try it.

P.S. over the years I’ve seen these kinda threads time and again and it’s the only thing I will post on consistently to warn people not to overreact and to keep a long term perspective. I hope the younger folks read this. Goodluck everyone!

In reply to DukeStreet

The market is barely down 5% and you are down 30%? I’m sorry, I don’t know what you do for a living or your financial status, but your comment about knowing when to time the market laughable. That’s very dangerous and I hope no one takes it to heart.

In reply to 1Desiabnu

I'm up high 5 figures in sniping. I suggest you sit down and stay out of big people story. If you don't know, just ask.

In reply to DukeStreet

lol carry on then.

In reply to 1Desiabnu

I guess DukeStreet is all dravites!

In reply to 1Desiabnu

I still have other funds invested long term...the uncertainty with my individual stock holdings was a concern...I don't try to time the market, just needed to step back a little

In reply to 1Desiabnu

Appreciate the advice

In reply to ray

Just got me some NVDA! Couldn’t resist!

In reply to StumpCam

hmmmm

In reply to 1Desiabnu

In reply to SnoopDog

In reply to googley

In reply to SnoopDog

Correct!! For the next 4 years!!

In reply to googley

I keep telling you Bro.

Mek sure your likkle piece of house and land in Guyana is ready and waiting for you. In 4 years Dumbfcukingstan might very well be in tatters and fighting its way out of an economic collapse/depression.

In reply to SnoopDog

“The market can remain irrational for longer than you can remain solvent.” I’m not saying trump is not off his rockers, but the prediction game is froth with danger. Case in point-TESLA. Invest long term and when the market tanks you invest more. If you can time the tops and bottoms perfectly then surely you are a billionaire in our midst.

In reply to XFactor

I hear you Bro.

In regards to Guyana. I can't tell you how many Guyanese expats abandoned their claims and titles to ancestral property in Guyana when they immigrated to the Canada and the States and were outright dismissive about reclaiming those rights. I have family who used to say "I don't care about that little piece of land in Guyana - my family over there can fight over it".

Well times have changed and I'm now hearing from some of those very same people that they are going back to Guyana to "sort out" the family property and renew their Guyana passports etc.

In reply to SnoopDog

My family are a subject of those very stories.

In reply to 1Desiabnu

In reply to SnoopDog

In reply to googley

In reply to ray

Did you, like Trump, invest in Crypto (at the right time)?

Trump’s Crypto Project Appears to Buy Tokens Before White House Summit

In reply to Drapsey

what's ddat?

In reply to Drapsey

You getting the idea, that's the real play to watch, everything else is a decoy. Notice not much attention on this. Plus no corruption will be prosecuted, or investigated (FBI) and no oversight by IRS, SEC, Others

Nvidia tekkin ah beatiing today

In reply to ray

DeepSeek should have tanked that stock.

But just like crypto, and many other tech stocks, its been used and manipulated for pump and dump shenanigans.

In reply to SnoopDog

Brand new day

In reply to ray

You guys should look into shorting some of these bullshit tech stocks.

In reply to SnoopDog

Ouch on Nvidia

I picked some up as well...looks like i should have waited