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Penn West Energy Trust (PWT.UN)
Enbridge (ENB)
White Rock Real Estate Investment (WRK.UN)

I am currently in their dividend reinvestment program (DRiP). All these companies also have Stock purchase plans.
I will probably add a major bank (probably RBC or Scotiabank) sometime soon so I am involved in Real Estate, Energy and Banking.

quote:

Originally posted by Naruepol so heres my set up.

Nice!
Can I come and watch?

quote:

Originally posted by endless_summer Nice! Can I come and watch?

what is there to watch? all i do is play gears of war all day.

how would I go abut getting into trading, my mom passedvaway last year and She left me some cash how would I go about starting a portfolio?

Do I need schooling or can I learn on my own, or better getting someone to do it for me.

also how much money do you need to get started?

is it exspensive to pay someone to do my trading?

I'm sure it is. I got a lot of uestions, obviously.

quote:

Originally posted by Jben how would I go abut getting into trading, my mom passedvaway last year and She left me some cash how would I go about starting a portfolio? Do I need schooling or can I learn on my own, or better getting someone to do it for me. also how much money do you need to get started?

1)Capital
2)Broker
3)Computer
4)Charting Software


The most important thing you need is education. It�s expensive but once you have it money comes free. And capital is important too.

Dude formal education doesn�t seen to have much to do with a person skill as a trader. I have no background in finance or economics, im a kinesology student.I learned everything myself.

There�s a wealth of information around that has been published, many great books have been written. I have a library that consist of over 30 books on finance and trading, all of them purchased when I was learning the trade. And now as I look back at my collection and
fucking laugh at the junk I�ve acquired.

Most books on trading, teach you a certain method of charts and rules. But rules change everday in the market. If everyone learned one method do you think the market will let you use that method to make money?

The only book i recomend is the encyclopedia of chart patterns by bulkowski. Im a techincal trader i trade off momentum and always find myself looking back to it as a reference.

Ideally you should have at least 10k, if your starting out small keep your expectiations realistic.

quote:

Originally posted by Jben is it exspensive to pay someone to do my trading? I'm sure it is. I got a lot of uestions, obviously.

a stock broker or a financial planner is someone who invest your money until you have none.

Naruepol,

What product do you trade? (ie. Forex, Stocks..etc?)
How long have you been trading? Do you do this full time?

And what kind of technical analysis do you use on your momentum trading style?

quote:

Originally posted by Naruepol

I guess i should read up on the subject and follow the market a bit more closely before making any moves.

Thanks for the info naruepol.

First stock that I start to trade - VMW

Some I have at the moment

TIM
DGC
BQI

CSIQ
FRE
CPSL

and no comment from big loser like me...

Once the ban on shorting stocks is lifted. I think the best best is to short all US med to large banking institutions. Shorting the US currency is a good move.

Gold is overly inflated but will keep going up for a while.

The bailout is going to cause a lot more trouble for the markets and economy.

quote:

Originally posted by The Ear I wish I could post answers here... but b/c I work for a securities firm that's a Limited Market Dealer I can't write anything that would be considered specific investment advice outside of talking about the products we provide. In case any of youu were wondering why I chirp about investing without specifics in other threads. Why must OSC make things so difficult sometimes?

What do you do, sales?

In this market there are big deals to be had. The fundamentals of many companies haven't changed drastically - perhaps a softening related to the US economy but many companies have diversified enough to be able to weather it. There are very few places to hide, and a lot of stocks have taken a beating as investors are reacting so quickly to the slightest amount of news. Even gold isn't a safe haven anymore.

This is really a value investor's christmas, but you have to be a little more risk averse to jump in at the moment. No one is really sure where this is going to bottom out.

quote:

Originally posted by Jackn Funk Naruepol, What product do you trade? (ie. Forex, Stocks..etc?) How long have you been trading? Do you do this full time? And what kind of technical analysis do you use on your momentum trading style?

securites.

2 years, i dont have the money to do it full time. working towards my b.a.s and probably gonna take the cfa exams, and hopefully get a job as a trader or technical analysis.

my analysis most commonly involves chart analysis,trend-line analysis, and mathematical studies of price behavior,
such as momentum or moving averages. most of the time im wrong.

quote:

Originally posted by Naruepol securites. 2 years, i dont have the money to do it full time. working towards my b.a.s and probably gonna take the cfa exams, and hopefully get a job as a trader or technical analysis. my analysis most commonly involves chart analysis,trend-line analysis, and mathematical studies of price behavior, such as momentum or moving averages. most of the time im wrong.

Get going on the CFA ASAP - might as well get it done while the markets are shit and no one is hiring anyways. Keep in mind the CFA requires 4 years of work experience before you can be awarded the designation.

Jben, I'd say you could start with 5K, not 10K. Before you decide how much money you will start with, spend 6 or more months reading heavily on different investment strategies. If you're picking growth stocks like RIMM, Potash, HP etc - 5K won't buy you that much. (although I think I read that HP's PE multiple recently hit an all time low)

There are virtual exchanges where you can create a virtual portfolio to practice your strategy.

Some other questions:

- what's your investment objective (retirement? income? when do you want to be able to cash out?)
- WHat's your risk tolerance (tied in with the above question partially)
- How often or how much time can you reasonably spend on your portfolio? Not everyone needs 2 screens and technical wizzardry to be a good investor)
- Are there any companies you want to avoid for ethical or other reasons - ie tobacco companies, mining, etc.

I cashed out my investments last year for school and I'm so glad I did given how everything's tanked in the last year - although now I have no money to get back in!

quote:

Originally posted by Naruepol what is there to watch? all i do is play gears of war all day.

lol, i see someone's glued to bnn all day

btw, i think a good move right now would be to throw some money at NYSE bull ETF.. once the US congress approves the bailout, markets will move up, at least in the v. short term

quote:

Originally posted by mute79 lol, i see someone's glued to bnn all day btw, i think a good move right now would be to throw some money at NYSE bull ETF.. once the US congress approves the bailout, markets will move up, at least in the v. short term

I don't think so. Look at the markets today - everything is down, even though the deal is closer to being voted in. I'm watching BNN at the moment and have seen two stocks that are up today, everything else is red.

The reality is that no one knows what the long term consequences are, and uncertainty is breeding a massive sell off that may take years to recover. It's unprecedented - so your best bet IMO is to park your money in something safe and liquid, or do some heavy research and invest in a company that you understand and is clearly undervalued. Trying to profit from short term momentum in the market is getting extremely difficult because investor behavior is so ridiculously erratic and unpredictable at the moment.

Or look into a different asset class, outside the equity markets.

***this is not advice***

quote:

Originally posted by Skipper I don't think so. Look at the markets today - everything is down, even though the deal is closer to being voted in. I'm watching BNN at the moment and have seen two stocks that are up today, everything else is red. The reality is that no one knows what the long term consequences are, and uncertainty is breeding a massive sell off that may take years to recover. It's unprecedented - so your best bet IMO is to park your money in something safe and liquid, or do some heavy research and invest in a company that you understand and is clearly undervalued. Trying to profit from short term momentum in the market is getting extremely difficult because investor behavior is so ridiculously erratic and unpredictable at the moment.

You're just proving my point. See, when other investors (that have done the research, and understand what companies to invest into) are ready to move once the congress approves the bailout bill, the investor sentiment will change (for the better), which will then already be accounted into the nyse index. So, buying into bull nyse index, at double exposure ETF, would be riding the bull and reaping the benefits. This is all in the very short term, as I stated earlier.

I guess I'm misunderstanding - I thought you were saying that the bailout is going to improve investor sentiment, and people will buy back in to the market because the bailout will provide some comfort that things are going to get better. Take a look at the markets today and that's clearly not the case.

that is what i said. markets haven't reflected the bailout, because it hasn't been approved by the congress yet. which is why i'm saying that i think now is the right time to throw money at an etf, right before markets swing upwards

tsx is down over 800 points right now , wowzzz

lol, congress voted against the bill (228 to 205)

brutal

CNN Breaking News

-- Dow industrials fall more than 600 on fears bailout package vote will fail.

I am speechless at what is going on right now!
This is truly historic. I think the effects of this are going to spread far and wide, for a long time.

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