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255 contributions to Invest & Retire Community
Canadian Trading Platforms
With limited trading platform choices in Canada, I have bee actively looking for a less expensive and user friendly platform. Currently most of my trading is happening in Questrade, I do have IBKR account as well. Following is the information I am sharing as it may benefit someone. Questrade (QT) - Option commissions are high $10.95, good news now you can use Tradingview to place orders with QT Webull - Started operating in Canada in January, commission is cheaper, but currently no Option trading available in Canada Tastytrade - not in Canada yet, they have pushed their launch to end of the year from this summer. I am bit unhappy with this decision as I was really looking forward to this platform. MooMoo - Operating in Canada, commissions are cheaper, I am trying their platform, looks good to me. Options is only available for US stocks. Overall, I feel like MooMoo is the way to go. Anyone have experience with this platform?
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New comment 8h ago
2 likes • 10h
I did a 10 min check of MooMoo site and seems to provide a lot of data. Cheaper commissions as well.
My holdings until June...
Love to be transparent...
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New comment 15h ago
1 like • 15h
@Marc Graybush As mentioned by @Kim Huynh We need some time to spend and understand all the details about the calendar spread. Thank you for sharing your trades.👍
No rate cut this year (maybe near the very end).
728 - Saeed made 55% from PYPL put hedge in a week As inflation remains at 3.4% for April, I did a forecast for the remainder of this year. Some economists are still hoping for June rate cut but Fed has not changed its stance from its 2% inflation goal. Based on my 6-month inflation, we will stay above 3% inflation every month for the next 6 months. However, this doesn't mean the market wouldn't go up.​ The market will likely continue to remain bullish with two dips remaining. The first dip is in May which we are now getting out of.​​ The second dip will likely happen near Aug-Sep.​ Cheers, Eric ----- Eric Seto Chartered Professional Accountant (CPA) Chartered Investment Manager (CIM) Founder of 5MinInvesting.com Free webinar - how to get 30%: https://5mininvesting.com/free-case-study/ In May, my goal is to help 10 people without a financial background to master investing. Investing Accelerator is designed for people without a financial background. The goal is to achieve 30% return per year. In the first phase, you will learn long term investing and targeting 30% for tax free compound growth. This will help accelerate your overall wealth. In the second phase, you will learn monthly passive income to provide a more predictable cash flow (target 30% per year) which can cover your expenses. This will help accelerate your retirement goals. If you are interested, then let's hop on a call to see if you can benefit from the strategies in Investing Accelerator and get 30% per year. During the call, we will map out exactly how you can achieve 30%, what you are lacking, how you can improve. If you have any questions about the program, you can ask during the call as well. Schedule a call here: https://bit.ly/48mJlgR Remember to go to the Classroom tab for additional investing resources.
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New comment 15h ago
1 like • 15h
@Lindsay Talbot I think that too but still not enough to really give a relief to economy. Life is getting more expensive and, as usual, FED will be too late in cutting the rates.
How I lost 4.4KG in 3 weeks (And how that relates to investing better)
729 - Mark made 15% to 54% from ISRG in 3 months In the last 3 weeks, I lost 4.4 KG. How? - I fasted. Fasting is about not eating (exercising restraint) for 16 hours and eating within an 8-hour window. This allows your body to rest and also lowers your insulin level. ​By combining fasting with eating hard-boiled eggs (2 eggs) for one of the meals, I lost 4.4 KG. Why it works? Fasting lowers your insulin level, allowing your body to rest and consume fat instead of the food you're eating. If you are always eating​, your body can't consume fat. Eating 2 eggs for one of the meals allow your body to absorb protein with low oil content (instead of pan-fried eggs which I love). This ​is an example where you feed yourself good food first instead of fast-food. After doing a lot of analysis, fasting is similar to how I invest. For my investing strategy to be successful, I hold cash 38% of the time in the market. Of course, everyone makes money during the bull market. Thus, investing is about avoiding and taking advantage of bear markets. Holding cash is not a bad thing as it allows you to rest (similar to fasting) and re-enter at the best time. To understand how powerful timing is.... ​​ If you can avoid one bear market, you can double your return.​​​​​​​​​​​​​ Cheers, Eric ---- Eric Seto Chartered Professional Accountant (CPA) Chartered Investment Manager (CIM) Founder of 5MinInvesting.com Free webinar - how to get 30%: https://5mininvesting.com/free-case-study/ In May, my goal is to help 10 people without a financial background to master investing. Investing Accelerator is designed for people without a financial background. The goal is to achieve 30% return per year. In the first phase, you will learn long term investing and targeting 30% for tax free compound growth. This will help accelerate your overall wealth. In the second phase, you will learn monthly passive income to provide a more predictable cash flow (target 30% per year) which can cover your expenses. This will help accelerate your retirement goals.
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New comment 15h ago
2 likes • 15h
Eric, doing the fasting you were able to save some money as well. 😀 Who wants to loose weight better to do it before 50. After 50 is going to be a lot harder.
Another PYPL
PYPL has been in an upward channel for some time. This is a good example of a stock that is easy to make money with, both holding shares and as PMI. Can someone suggest another one that looks similar on the chart? Nice and steady.
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New comment 1d ago
1 like • 4d
@Eugene Voutchkov I have CNC myself and I think that is quite undervalued.
1 like • 4d
@Eugene Voutchkov I have CNC as well and I think is undervalued .
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Cris Bob
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510points to level up
@cris-bob-3435
Value investor with over 10 years experience in market. I am looking for retirement in a few years.

Active 10h ago
Joined Jun 7, 2023
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