• You will need to login or register before you can post a message. If you already have an Agriville account login by clicking the login icon on the top right corner of the page. If you are a new user you will need to Register.

Announcement

Collapse
No announcement yet.

Buy low sell high

Collapse
X
Collapse
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Buy low sell high

    It was in the Too wet to seed thread to stick to the 3 topics, sarcasm yes. So......

    The stocks are low, excellent time to buy. Can borrow and leverage with excellent interest rates. Much easier to double your money now then 1 month ago.

    #2
    I am amazed, all of you are onside
    To subsidize Canadian production of ventilators
    Masks , drugs etc. Etc.
    Why that is socialism?
    Would you not worry about the
    Paying too much , to keep the industry here.
    Have not the Conservatives and to a slightly
    Lessor extent the liberals spent the last 30
    Years doing the opposite.
    Even public seed breeding .
    Send it off , we are in good hands
    Our corporate partners.

    Changing our minds ,are we?

    Comment


      #3
      Originally posted by wd9 View Post
      It was in the Too wet to seed thread to stick to the 3 topics, sarcasm yes. So......

      The stocks are low, excellent time to buy. Can borrow and leverage with excellent interest rates. Much easier to double your money now then 1 month ago.
      You go for it. I'll wait till its basically zero. MSM now calling it start of depression. Unemployment numbers soon to come out. Commentators say numbers will be equal to 1930's. Suicides likely to surpass virus death toll. Jobs are going to be lost forever and sectors die completely. Government now planning to do years of massive stimulus to revamp health system and provide public jobs to all those unemployed. It will be like Ontario but on a federal level and all countries will be doing it. Trillions upon trillions just in Canada. One key point was that the forgotten and neglected sectors that provide the necessities of life will be the new leaders in the post-Covid world. Sounds good to me.

      Virus in slums of India now. Now you can watch the death toll race up like speedometer.

      It's going to be a great weekend.

      Comment


        #4
        Originally posted by wd9 View Post
        It was in the Too wet to seed thread to stick to the 3 topics, sarcasm yes. So......

        The stocks are low, excellent time to buy. Can borrow and leverage with excellent interest rates. Much easier to double your money now then 1 month ago.
        Yes almost every stock looks like it’s priced for a fire sale. Wish I had a crystal ball. Maybe a bug in a hedge funds office

        Comment


          #5
          Originally posted by wd9 View Post
          It was in the Too wet to seed thread to stick to the 3 topics, sarcasm yes. So......

          The stocks are low, excellent time to buy. Can borrow and leverage with excellent interest rates. Much easier to double your money now then 1 month ago.
          Agreed. I see a good argument for borrowing now at low rates with the intention of buying the right Equities. Especially when governments are clearly going the direction of further debt monitization.

          A 1/4 to 1/2 million loan plugged into something like a QQQ etf seem like a good investment long term. Look at these companies and the disruption they will continue to have on business as usual. These entities have a grasp on almost every aspect of society and will only continue to dominate with advances in software, data analysis, artificial intelligence. If this pandemic has even been beneficial for several of the companies in QQQ.

          Ten years at 3%, at the end of that loan you could see double or triple valuation.

          If the market heads for another 15% down this would be an even more attractive play.

          From the farmers prospective, not only does the latest and greatest from machinery manufacturers seem likely to be an absolute nightmare regarding reliability, but I think the extra cash flow for this play could come from capital that would have otherwise be invested into newer machinery prematurely.

          I can’t be the only one that’s a tad conserned about the direction that machinery quality, reliability and serviceability has taken in the last decade. Spending a little more time maintaining the older line is my vote. Injecting that freed up capital into servicing a loan on an ownership stake in some of the most transformative corporate structures of the coming century seem like a decent trade off.

          Keeping in mind that the risks are the possibility of a ten year recovery.

          The Great Depression was a decade long painful stock market recovery. Those were times of less sophisticated capitalism and finance, so difficult to compare.

          The other history lesson that should be referenced is Japan’s lost decade. This is a Different culture and is in a 4x worth debt crisis situation then the USA, also difficult to compare.

          It would be good to hear how other farmers feel about opportunities going forward?

          Comment


            #6
            I see opportunities in bankruptcy machinery deals and farmer suicide estate land deals. Because the only answer the Feds have for the producer is to go into more debt with FCC.

            Comment


              #7
              The problem with borrowing more to invest is you still have to pay the interest and maybe principal back weekly, monthly, semi, or annually.

              If 1 M, at 3% = $30,000 per year for how many years before the asset generates enough income or capital gain to sell, pay taxes, etc and how much free cash does one have to maintain this if market stays flat or negative for an extended period of time?

              That’s what house flippers used to do.

              Comment


                #8
                http://www.americaslibrary.gov/jb/wwii/jb_wwii_subj.html http://www.americaslibrary.gov/jb/wwii/jb_wwii_subj.html

                Comment


                  #9
                  Originally posted by wd9 View Post
                  It was in the Too wet to seed thread to stick to the 3 topics, sarcasm yes. So......

                  The stocks are low, excellent time to buy. Can borrow and leverage with excellent interest rates. Much easier to double your money now then 1 month ago.
                  Good points just not sure about borrowing $ for investing.
                  -Banks and large cap oil companies look like good investments with reasonable dividends.
                  -CIBC has the best dividend of all the large Canadian banks

                  Comment


                    #10
                    All usa banks have suspended dividends indefinitely, wonder why, to prevent this. They still want and need profitability as well.

                    Comment


                      #11
                      Originally posted by Rareearth View Post
                      All usa banks have suspended dividends indefinitely, wonder why, to prevent this. They still want and need profitability as well.
                      Possible there would be more upside with Wells Fargo or Bank of America for a share price but it’s good to have a dividend if you own the stock for several years or decades. The CEO of CIBC said they haven’t cut their dividend since 1886 and promised not to this year but we will see.

                      Comment


                        #12
                        Originally posted by Oliver88 View Post
                        Good points just not sure about borrowing $ for investing.
                        -Banks and large cap oil companies look like good investments with reasonable dividends.
                        -CIBC has the best dividend of all the large Canadian banks
                        It would seem the oil companies would have a very long recovery, and if Russia and Saudi start pumping oil again, maybe never recover. I think the anti oil crew will be really ramping up their efforts with now actual evidence of man made "damage" that has quickly corrected itself will make a huge fight going forward.

                        Comment


                          #13
                          Originally posted by 15444 View Post
                          I see opportunities in bankruptcy machinery deals.
                          Ritchie Bros share price has seemed to have hung on.

                          Comment


                            #14
                            W9

                            Did you take your own advice and execute that day? Look out Cramer!

                            Comment


                              #15
                              Originally posted by foragefarmer View Post
                              W9

                              Did you take your own advice and execute that day? Look out Cramer!
                              No, its really hard to tell if its a temp bull move in a bear market or a bull market. Flat today, bump up yesterday, gonna know exactly what to do in hindsight lol

                              Comment

                              • Reply to this Thread
                              • Return to Topic List
                              Working...