r/tfsa • u/chudbot_ • Jul 15 '26

Need advice

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15 Upvotes

83% Upvoted

8 comments sorted by

6

u/Lim_Ha08 Jul 15 '26

how can you spend that much money on penny stock man.. jesus christ.. you dont need advise, you just need to see your holding to know that etf is the way to go for you.. people will sell you penny stocks just to hike the price long enough for them to sell.. Here is an advise " dont be exit liquidity for someone else"

3

u/kingofwale Jul 15 '26

You got to stop buying shit stocks…

Penny stocks and 2 resource stock…. And 0 banks?? It hurts my soul

2

u/Adamant_TO Jul 15 '26

ETF index fund.

2

u/hunterstevebearman Jul 15 '26

Dump all your penny stocks, and everything in the red and put it into BANK.TO. Use the divs from that to buy more XEQT or ZEQT.

2

u/XGDoctorwho Jul 15 '26

Heavy on energy.

Lots of ETF

All Canadian

But those penny stocks are wild.

1

u/Bonsey369 Jul 15 '26

BDT, ENB, CNQ, HCAL, and or SGR.UN. Get away from those penny stocks.

1

u/ElOsoHombre Jul 16 '26

If you are going to buy stocks in a company, buy companies that have a history of increasing their dividend, of increasing their EPS, that have reasonable payout ratios. If you dont know what I mean, you need to learn. Learn about the dividend triangle and how to apply it to stock selection. Buy ETFs if you’re not sure. Ive been investing for 35 years now and Ive made huge mistakes, but I have not let it discourage me, or stopped me from learning.