*Investors Blog*

Yeah the Canadian, the American and most of the rest of the western world's economies are a bit dodgy at the moment. Now combine that with high-ish inflation and rising interest rates.

So why am I buying? Not buying hard but nibbling here and there regularly.

For a start there are always worries. We could be in a recession right now. But even if there is a recession, it will eventually end, and today's prices will seem like a bargain in 3 - 5 years. And I'm a long term investor.

One observation - the stock market turns up long before a recession ends. Has over my investing career anyway. And I don't think that "this time will be different".
 
ecotourist said:
Yeah the Canadian, the American and most of the rest of the western world's economies are a bit dodgy at the moment. Now combine that with high-ish inflation and rising interest rates.

So why am I buying? Not buying hard but nibbling here and there regularly.

For a start there are always worries. We could be in a recession right now. But even if there is a recession, it will eventually end, and today's prices will seem like a bargain in 3 - 5 years. And I'm a long term investor.

One observation - the stock market turns up long before a recession ends. Has over my investing career anyway. And I don't think that "this time will be different".
Click to expand...
Yep, I agree with that, I am buying around the edges also.

I think it will be a stockpickers market. We had decreasing interest rates and an accommodative fed for 40 years - literally. That ended in Summer of 2020. The big question is how are some of these heavily leveraged companies going to do at rolling over their debt when the Government has said it will borrow $4T over the next 2 years and the fed is back to shrinking its balance sheet all at the same time. Will there be enough capital to go around?

I am looking at companies with low debt. If nothing else they will have a huge advantage of being able to capitalize on opportunities that present themselves.
 
Last edited:
SC Maintenance said:
Yep, I agree with that, I am buying around the edges also.

I think it will be a stockpickers market. We had decreasing interest rates and an accommodative fed for 40 years - literally. That ended in Summer of 2020. The big question is how are some of these heavily leveraged companies going to do at rolling over their debt when the Government has said it will borrow $4T over the next 2 years and the fed is back to shrinking its balance sheet all at the same time. Will there be enough capital to go around?

I am looking at companies with low debt. If nothing else they will have a huge advantage of being able to capitalize on opportunities that present themselves.
Click to expand...
Such as???
 
If we are lucky I see the market averages staying where they are and have been for the last two years for the next decade.
The key to me, will be individual companies that will beat those averages. Todays thoughts, defensive but not too defensive.
 
My buddy called me yesterday. Totally thrilled with himself. He made $7200 off of Canoo...
He was going to buy me a $50 belt because he liked his.

He started giving me the details and I kept quiet... 18k shares at .04.....

He called back an hour later sad.. lol
$720 not $7200.....
No belt for Jimmy 😂😂😂
 
Zee09 said:
My buddy called me yesterday. Totally thrilled with himself. He made $7200 off of Canoo...
He was going to buy me a $50 belt because he liked his.

He started giving me the details and I kept quiet... 18k shares at .04.....

He called back an hour later sad.. lol
$720 not $7200.....
No belt for Jimmy 😂😂😂
Click to expand...
What?
 
What is going on with TSLA? Up another $8 so far today. 115% YTD.
This started after CEOs Farley and Barra expressed Tesla's superiority and their own EV development difficulties.
 
JeffKeryk said:
What is going on with TSLA? Up another $8 so far today. 115% YTD.
This started after CEOs Farley and Barra expressed Tesla's superiority and their own EV development difficulties.
Click to expand...
I think a number of things. #1. Your observation above. #2. Likelihood of Tesla Superchargers becoming the standard now that Ford has embraced them. 3. With price drops and the tax credit, Model 3 and Y are price competitive with ICE vehicles. 4. The realization that Tesla is a tech company, not just a car company.
 
Zee09 said:
My buddy called me yesterday. Totally thrilled with himself. He made $7200 off of Canoo...
He was going to buy me a $50 belt because he liked his.

He started giving me the details and I kept quiet... 18k shares at .04.....

He called back an hour later sad.. lol
$720 not $7200.....
No belt for Jimmy 😂😂😂
Click to expand...
He could have scaled the new belt to a $5 one from Walmart. 😄
 
ArrestMeRedZ said:
I think a number of things. #1. Your observation above. #2. Likelihood of Tesla Superchargers becoming the standard now that Ford has embraced them. 3. With price drops and the tax credit, Model 3 and Y are price competitive with ICE vehicles. 4. The realization that Tesla is a tech company, not just a car company.
Click to expand...
Additionally:
  • It must be AI. Whatever that is.
  • Elon is the richest man is the world again. Poor guy.
 
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