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  • Choosing Which Stocks To Sell For A Big Purchase [View article]
    Dale, I'm actually much less emotional than I was when I was trading leveraged ETFs (yikes!). After that, I felt much safer with "plain" stocks <-- not at all plain, but actually fun!

    I actually know some people who are aggressively playing the markets (options and derivatives) to get 50%+ gains. I hope they know what they're doing, and that they're doing using their "play" money for that.

    "There's no research required for purchasing 20-30 aristocrats. There is no research required to purchase 20-30 of the Dividend Achievers (that will include some aristocrats of course) Trust the dividend growth history. That dividend growth history is much smarter than you and me and everyone reading this. :)" -- The history shall reduce emotional gyrations stirred by the market ups and downs :)
    Jun 23, 2015. 11:18 AM | Likes Like |Link to Comment
  • Choosing Which Stocks To Sell For A Big Purchase [View article]
    Dale,

    I stated this in the article:
    "As we know, the general principle is to not put money into the stock market if you plan to use it within 5 years."

    So I agree with you on that, but I didn't really plan to use that money...just that my windshield started cracking and I was getting uneasy with it, and then a buyer came along.

    I agree with having at least 3-6 months cost of living money saved up though.
    Jun 23, 2015. 11:14 AM | Likes Like |Link to Comment
  • Choosing Which Stocks To Sell For A Big Purchase [View article]
    RAS, "saving as "spending on their retirement"" -- I will reroute this to my friend who spends a lot (in my views), but at least they are more willing to learn more about investing after I had several talks with them.
    Jun 23, 2015. 11:10 AM | 1 Like Like |Link to Comment
  • Choosing Which Stocks To Sell For A Big Purchase [View article]
    Dave,

    "I do the mechanicals and the systems repair." - That's still amazing. Anything wrong with my car, and I just take it to the professionals. lol

    "The biggest bug about the Jag is electronic systems. Going to change that all out." -- Do you mean the sound/stereo systems or something else?
    Jun 23, 2015. 11:08 AM | Likes Like |Link to Comment
  • Choosing Which Stocks To Sell For A Big Purchase [View article]
    Breege, wow, thanks for the history lesson. It can even be its own article in its own right.

    I use a combination of the TFSA, RRSP, and non-registered account. For others who don't know, all gained in the TFSA is tax-free, that can be taken out anytime (but can't be put back in until next calendar year unless you have capacity). What's in the RRSP, is tax-deferred with the typical situation to draw out minimum amounts in retirement.

    I used to maximize my growth in the TFSA (or so I thought). Around 2008-2009, I bought stuff that were too risky in there (leveraged ETFs anyone?) and it didn't go as planned. Afterwards, I stuck to quality in TFSA, buying the blue chip dividend stocks (mainly Canadian) at a value. And then, I thought about maximizing the growth in there, but again, with stocks I believe are safe and high quality.

    RRSP should be a second vehicle for investors (esp. if you are at a lower tax bracket). So young investors are likely better off to invest in the TFSA, although I highly suggest new investors to learn their ropes in the non-registered account first so losses can be written off. And if you sell something, remember not to buy it back within 30 days!

    Sorry, it turned out to be a "rambling" of my own. :p Hope I added to your conversation though.
    Jun 23, 2015. 11:05 AM | Likes Like |Link to Comment
  • Choosing Which Stocks To Sell For A Big Purchase [View article]
    Barbairic, ooo the Impreza and Legacy looks sleek
    Jun 23, 2015. 10:41 AM | Likes Like |Link to Comment
  • Introducing The Team Alpha Retirement Portfolio: Now Making An Appearance For Everyone [View article]
    RS,

    Look forward to following the progress of your portfolios. I own a couple of your "surprise" stocks: QCOM & SBUX. SBUX doing very well, and QCOM going stagnant. I think we just need to hang in there for the latter. ;)
    Jun 23, 2015. 02:55 AM | 2 Likes Like |Link to Comment
  • Choosing Which Stocks To Sell For A Big Purchase [View article]
    Breege,

    It's interesting to know what's happening in other parts of the country.

    I'm in the far west, and there's up to $2000 price reduction for certain Honda models. I think I save a couple thousand more by buying a pre-owned one though.

    You summed up the crashes in a short paragraph, but I'm sure it must have been pretty scary and devastating to some people when it happened.

    Can you elaborate a bit more on: "Savings wherein you protect the principal and any growth in it becomes protected as well and savings for 1 - what you may need for future purchases and 2 - if everything goes down the drain"

    How do you make sure your principal and growth are protected? Do you take some profit off the table as needed? or do you mean you make good use of the TFSA, RRSP, and non-registered accounts?

    So far, I'd like to think we haven't experienced everything going down the drain yet (thankfully and gratefully), but more like ball bouncing -- what goes up must come down, but can always bounce up again. Anyway, that's the case for the market as a whole, but not for every individual stock unfortunately.
    Jun 23, 2015. 01:46 AM | Likes Like |Link to Comment
  • Choosing Which Stocks To Sell For A Big Purchase [View article]
    Tim,

    Thanks for your kind comment.

    I had a friend who asked me why I would put almost all my money in stocks, since I don't get to use it. She tells me that life is for you to enjoy, but maybe she doesn't know that I can still enjoy life without overspending. Still, after multiple conversations and encounters with her, I have treat myself more. When I do go to the restaurant, I pick items that I like to eat instead of choosing what costs less.

    When you put our life in 28,000 days, it really brings it into perspective, my 1st reaction is to divide by 365, and my 2nd reaction is a countdown, though I hate to do that because we should just be enjoying the moment instead of being immersed in numbers, right? ;)

    I'm definitely on the side of extreme saving. This purchase of the new car will be my biggest spending yet! I'm not sure if I should feel excitement or anxiety lol
    Jun 22, 2015. 06:06 PM | Likes Like |Link to Comment
  • Choosing Which Stocks To Sell For A Big Purchase [View article]
    Dave,

    lol Good to know I'm not the only one :p
    Jun 22, 2015. 04:11 PM | Likes Like |Link to Comment
  • Choosing Which Stocks To Sell For A Big Purchase [View article]
    Rose, I had my chance with JNJ before. I look forward to picking it up again in the future again and hoping to hold forever.

    Now probably the time to buy high quality energy stocks and biotechs. Especially for Canadians, we got lots of energy stocks to choose from on the TSX without having to pay the high conversion fee to convert to USD.

    Some Canadian energy stocks for starters: ENB, VET, SU, CNQ, CPG, WCP, TRP, etc.

    Biotechs I like: AMGN, GILD, and like you, I'd consider CELG too. But of course right now, I'm saving up for the car. I missed my chance with ABBV. But again, the strong USD is painful to convert to.

    Thanks, I will let you guys know when I do get the car ~
    Jun 22, 2015. 03:59 PM | Likes Like |Link to Comment
  • Choosing Which Stocks To Sell For A Big Purchase [View article]
    Dave,

    Ah, one thing I missed is the tax incurred on selling those shares! They're all in my taxable account. Whoopsies. At least I didn't sell more than I have to. <-- self-comforting :p
    Jun 22, 2015. 03:54 PM | Likes Like |Link to Comment
  • Choosing Which Stocks To Sell For A Big Purchase [View article]
    BoomBoom,

    "I have a crack that runs right across the entire width of the windshield on one of our vehicles." Oh wow, my dad told me he has seen cars with a worse crack, but I suppose I was feeling uneasy due to it getting bigger, and I haven't seen the worse cracks myself so I couldn't compare. But from your experience, looks like I could have kept the car until it ran out of steam.

    Well, the "$500" amount came from the new owner of the car. lol So, I didn't look more into it. But I deducted $200 from the original sale price for the cracked windshield. I mean, from what you said, she can continue driving it without having to fix the windshield.
    Jun 22, 2015. 03:52 PM | Likes Like |Link to Comment
  • Choosing Which Stocks To Sell For A Big Purchase [View article]
    Dave, didn't know you're a talented mechanic as well. You're amazing with the abilities to repair cars and even restore them!

    The now owner of my ex-car wanted a look under the hood (front of car) before she bought it. It took me awhile to even open that lol. (There was a manual thingy in the front.)
    Jun 22, 2015. 03:48 PM | Likes Like |Link to Comment
  • Choosing Which Stocks To Sell For A Big Purchase [View article]
    Rose, thanks. Generally, I avoid hassle, but I will consider that.
    Jun 22, 2015. 01:35 PM | Likes Like |Link to Comment
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