I've noticed that cryptocurrency goes up and down a lot more than stocks. I'm going to adapt my system to crypto for gains that will far outstrip day trading of stocks.
Also, I have an idea for my own block chain: MagicCoin. With MagicCoin, every new coin that is mined will be worth half of what the previous coin was worth. The sooner you get in, the more you make. With this system, there will be no need to wait days or even weeks to double your money.
With MagicCoin, there will be absolutely no excuse for anyone to live in poverty, ever again. If someone wishes to be poor, it will be their own choice.
I called my Mom last night and started the process of talking her into taking her driving exam to get her license back. She said she wasn't interested but she will be, once she sees the new AMG I am getting her. Hopefully, we can find parking reasonably close to the care home. I won't black out the windows until she has cataract surgery, after the pandemic is done.
TD and BMO are way up this morning, as expected, but BCE is down. Overall, I am up of course but how long will I have to wait for the government to pump money into BCE so I can make money on it? This thing desperately needs a bail out. Will that happen by lunch?
I'm new to day trading so any help is appreciated.
@JKJ: Welcome to the dialogue and discussion. The demographics here span all ages but likely more heavily concentrated in the accumulation journey than some forums. That said, there definitely is a cohort of retirees here, including 70+ year old geezers like myself, that retired 15 or more years ago. There many ways to enjoy retirement and manage the portfolio. The key is to find the right balance for you.
Thanks looks like I need to learn how to navigate the forum. Frugality got me to this point and I don't see this changing as I'm not into fancy houses, cars etc. I do have two pastimes in skiing and scuba that are expensive but I'm exploring the possibility of becoming an instructor in both, - not for the income but for the outcome.
Now as for this forum, even if you have only $350k to invest, you can make $50k annually & easily, to add to whatever you’ve accumulated to be able to retire at 53!
... nothing wrong with that. Retirement these days for "some folks" doesn't mean you stop working. You work when you want, how you want and wherever you want. Just not being a slave to someone else. Besides, the great resignation is trending.
Thanks Beaver101, Yes I have read about the great resignation and in many ways it resonates with my situation. Working from home was a privilage but a short lived novelty that wore off pretty quickly with zoom call after zoom call ground me down. That and a department shake-up left me feely completely unmotivated. Still that is the past and now I'm looking into doing things that help me help others etc.
21 - 36 of 36 Posts
This is an older thread, you may not receive a response, and could be reviving an old thread. Please consider creating a new thread.
A forum community dedicated to Canadian personal finance enthusiasts. Come join the discussion about investing, stock portfolios, equities, frugality, real estate, market trading, taxation, retirement, and more!