pull down to refresh
100 sats \ 6 replies \ @grayruby 24 Jan \ on: Do you trade stocks and how? Stacker_Stocks
No I don't trade stocks anymore. I actually sold all my non registered equity holdings during the last bitcoin bear market and converted most of it to Bitcoin.
I do own still own stocks in a retirement account but I don't actively trade. I contribute a bit of money to it monthly and reinvest dividends. I rarely swap out positions. I don't keep a lot of holdings in my retirement portfolio. A good chunk of it is in btcc which is the Canadian bitcoin etf. I also own a couple tech stocks, couple high dividend payers, preferred shares etf, oil and gold etfs, a couple Canadian banks, and a few other things.
I actually sold all my non registered equity holdings during the last bitcoin bear market and converted most of it to Bitcoin.
Smart! Kudos to you.
reply
This is the way <3
reply
...a couple Canadian banks, ...
That's a straight red! 🟥 DC needs to see this!
reply
reply
It was a sports related joke. Everyone's entitled to their own choices, and I'm not one to judge. I definitely should have included the :) emoji.
reply
Ok sorry about. I misunderstood. I have had people try to respond to my comments before by inciting Darth as if that is going to threaten me into changing my opinion.
I sold all the stocks I owned for bitcoin but I can’t sell my retirement account or I pay a massive tax penalty. I have had it for almost 2 decades so I don’t bother making changes to it. I just add when I have some money. Bank stocks have been in there since I first opened it.
reply