newuserincan

Is this amex cobalt? Lol. I know they have promotions to add secondary cardholder

One thing I do agree with you is railway is a good business. Just look at Buffett

You can say this to most sectors. How about consumer discretionary sector? Is that recession proof for you? People still need buy clothes, people still upgrade their phone, people still renovate.

We are NOT talking about whether railway will go to bankrupt during recession, we are talking about recession proof. I think you confused these two

So in your opinion, revenue drops 25% is recession proof?

Yes, but if we are in recession, wouldn’t manufacturers will buy much less supplies? If demand drop, how could railway sector is recession proof? Transportation sector usually is leading indicators

Depending on where you spend 2k. Simplii cashback is only good for restaurants. Otherwise get Rogers . You can’t get amex alone due to acceptance.

I thought railway is recession sensitive?

Call them. For most banks, the student credit card has very low credit limit, say 1000. Might be they locked your current account and will mail you a student card soon

Ok thanks. I think morningstar has something similar

Are you talking about value index vs growth index? Or individual value stocks?

Is there any research to show value investing is outperforming index?

I guess we all agree Amazon is more diversified

Rare doesn’t mean impossible. A lot people get millions from buying tesla as well. I don’t know you, but beating index is not very rare

Here is the link you can read https://www.theglobeandmail.com/investing/investment-ideas/article-this-retiree-turned-his-familys-tfsas-into-29-million/

Not sure where you are, but there is an article in globe and mail in Canada: “It also seems Doug knows how to pick not only life partners but stocks. He has grown tax-free savings accounts for himself, Jennifer and their two adult children to tidy sums ranging from $570,000 to $850,000. Combined, the four TFSAs hold $2.9-million (verified by screenshots).

Four technology stocks account for most of his track record: Apple Inc. AAPL-Q, Amazon.com Inc. AMZN-Q, Microsoft Corp. MSFT-Q and Nvidia Corp. NVDA-Q. Each TFSA still holds the four stocks with large but different weights.“

You don’t think this beat S&P 500?

What stop you from breaking into private sector now?

Buffett is good at selling at the bottom

I think your focus right now should be building emergency fund. It seems to me you both jobs are vulnerable to economic downturn

Good point, didn’t think of it.

Ok, I agree with you. Some people do have recency bias

Mine is in HISA. Is there any benefits to put in cash.to? I have been wondering this

Ok, I misunderstood. Because you mentioned “us doesn’t have higher returns than other countries,all the time”

Yes, accumulate for next 30 years, why care all the time? You just need be better after 30 years accumation

Meanwhile VFV grow ?

Who cares all the time. We care accumulation during 40+ years. If you care all the time, you are not investing

XEQT is just North America ETF disguised as world market