Personally expecting more downside. If it falls 10-15% more I'll buy big banks. If it falls more than 25-30% more I'll jump back in Tech stocks (imagine picking up GOOG at 800$, MSFT below 80$, AAPL below 175-150$, that would be a dream).
If the banks break support line and run down at the December 2018 level I'm going to start buying. If it goes even deeper I'll go full buy mode. Some international Canadian banks are now yielding 5% with a payout ratio of 50% and dividend CAGR of like 8%, it's insane.
If AAPL gets below 200$ I'll start buying. It's just damn too expensive for now. You did very well selling at 320$, I would have done the same!
BAC and JP have a yield of 2.5% and 3%, and payout outs of 24% and 32%. So they are better positioned for a recession than Canadian banks.
For instance, BNS has a current yield of 5%, but a payout of 52%. CAGR is about 8%. Higher yield, but higher payout. Big Canadian banks are listed both on the TSX and NYSE, such as RY, TD, BNS, BMO. (all have current yield between 4.4% and 5%, with payouts between 40% and 50%).
so hopefully tomorrow i get to go home from the hospital i've been here for 5 days already and it's driving me mad. I miss my family like crazy but at least I get to use my own toiletries and my own clothes. My mom is coming to visit soon i can't wait to see her cause i miss her the most.
Cartoonier cloud cover that better fits the art style, as well as (slightly) improved blending/fading... fading clouds when there are larger patterns is still somewhat abrupt for some reason.
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