[londoncalling]

Added to long term holding CWB.TO at 30.32 bringing it up to a 1/2 position. The bank reported a poor quarter with net income down considerably. The bank should do better next quarter and finish the year in a better position if commodities and energy remain strong. I would prefer to see oil drop back to 90 so that oil companies remain very profitable but gas price inflation subsides.

 

[Faramir]

So is the WTIC chart showing a build up to another breakout in oil?

 

[Pescado]

Nibbled at BNS last week.

 

[Pescado]

Added to my MX position. The sediment is getting more bullish with the worlds largest Methanol producer.

 

[zinfit]

Bought positions in two cyber security stocks Palo Alto and Crowdstrike. Every organization whether public sector or private sector must prioritize cybersecurity security. It's a risk that cannot be ignored. These two are the leaders that the big organizations are turning to.

 

[Pescado]

I agree zinfit. I have a position in PANW as well. Hoping to add more. Nice space to be in.

 

[james4beach]

Bought some XIC today as I shuffled money out of ENB, redeploying into the Canadian index.

No net change in my Canadian equity amount.

 

[fstamand]

Topped up some BCE, divvies next week.

 

[Covariance]

Bought CAR.UN

 

[KaeJS]

Topped up some BCE, divvies next week.

I added to my position as well. Bought a bit too early at 67.97

 

[fstamand]

Added to QSR and SNC. Started a position in AMZN.

 

[londoncalling]

I have orders placed for AMZN, MSFT and APPL.

 

[zinfit]

I have orders placed for AMZN, MSFT and APPL.

In five years you will be smiling. They all very dominant and successful with what they do. I have them on my list it is just a timing thing with me. I will probably include HP, Costco and Google to that group as well. I am waiting for the recession and interest rate peak.

 

[MrBlackhill]

I'll keep buying value stocks. Maybe in 2023 it'll be a good timing to switch to growth.

Look at this graph and compare the following 3 years or 5 years performance of growth vs value when it's above or below the equilibrium at 1.

We're still way above 1.

Growth vs. Value Stocks - 44 Year Chart | Longtermtrends

Which performed better in recent years, growth stocks or value stocks? The ratio in this chart divides the Wilshire US Large-Cap Growth Index by the Wilshire US Large-Cap Value Index. When the ratio rises, growth stocks outperform value stocks - and when it falls, value stocks outperform growth...

www.longtermtrends.net

Also, this decade we'll have to be very strategic because stocks are expected a very poor performance.

Stock Asset Allocation vs SPX 10-Year Return

financial-charts.effingapp.com

 

[londoncalling]

My orders are well below current share price so they may not execute. Like most of my buys I will likely be in a bit earlier than others due to FOMO. However, I will be buying the same quality companies at a price 25% lower than others were willing to pay at the start of the year. I don't expect them to perform as well as they did the past few years but will still be able to provide decent returns going forward.

 

[Beaver101]

Wow, the market is really dropping today. Time to go shopping but what to buy? Too many choices.

 

[scorpion_ca]

I am in accumulation stage and my lesson learned is that don't wait for the bottom price. In 2018 and 2020, I waited for further price drop which didn't occur and I couldn't buy it. I remember that I changed the price of VUN from 45 to 44 in March, 2020 and it dropped to 44.5 and then rest is history. It went up to all the way 84.5. Nowadays I buy only 10 quantity with each time price drop 10 to 20 cents. Therefore, I don't miss the boat and have cash ready if it drops further.

Orders filled in today - HCLN, ZRE, XAW, XEQT, TEC

 

[james4beach]

Wow, the market is really dropping today. Time to go shopping but what to buy? Too many choices.

That's where an asset allocation plan helps. It tells you exactly what you are required to buy in order to satisfy your allocation targets.

 

[Ukrainiandude]

I am in accumulation stage and my lesson learned is that don't wait for the bottom price. In 2018 and 2020, I waited for further price drop which didn't occur and I couldn't buy it. I remember that I changed the price of VUN from 45 to 44 in March, 2020 and it dropped to 44.5 and then rest is history. It went up to all the way 84.5. Nowadays I buy only 10 quantity with each time price drop 10 to 20 cents. Therefore, I don't miss the boat and have cash ready if it drops further.

Orders filled in today - HCLN, ZRE, XAW, XEQT, TEC

Traditional fall sale is coming. But it might not find the bottom until spring or so.

 

[AltaRed]

Traditional fall sale is coming. But it might not find the bottom until spring or so.

Unless your crystal ball is crystal clear, that is only a supposition or assertion. The odds seem to suggest there is a higher probability of markets continuing to go lower in the near term, but because no one actually knows anything, DCA in accumulation is the least stressful and potentially the most rewarding thing to do.

In all my years of accumulation, I have minimal memory or recollection of what went well (or bad) when in a measurable sense. What I do remember is lessons learned in an effort to avoid repeating them in the future. One of them is trying to guess market direction several months out is a fool's game.