Time to Buy? Sell? Or Wait it Out? | Investing for Canadians

[@beaviswealth]

📈📚🇨🇦 Join The Investing Academy Today - bit.ly/theinvestingacademy Markets are down. Should you buy the dip, sell your positions, or stay the course? In this video, we discuss options.

[@siam9845]

Brandon, you dad is the best. Buying with my dividends, more dividend stocks. Soft and steady.

[@beaviswealth]

Hey Sandy. Really appreciate that. Steady as she goes! - Marc

[@FPSEli]

I own mostly "boring" stocks and they're all doing alright; down a bit, but rebounding. Only made 1 gamble, it got hit a bit but it has also bounced back. I think this has taught me to stick with "boring" dependable businesses.

[@beaviswealth]

Yah, 'boring' stocks have looked pretty good lately! Thanks for sharing. -Marc

[@MegsCarpentry-lovedogs]

@@beaviswealth The turtle wins the race👍, not the racing rabbit😉. Smart and steady Eddie.

[@krisdang]

100% BRK investor here, I joined from the top 2 months ago and it has been nothing but pain. This video soothed my pain.

[@Reddylion]

Nice

[@mrsuitcase9799]

I usually move 10-20% of my portfolio into cash after a few years of "good times". The rest, I just stand pat in a balanced portfolio. When exciting times like these come, and its a good size dip, that's when I throw about half of the cash back into the portfolio. The other half of that cash is saved to buy back in for when the drop continues to "stupid" levels (e.g. your 2008's, your tech wreck, etc.). Sure, that cash isn't making as much during the good times, but when things turn for the worse, it gets my mindset out of panic selling mode, and into "when do I buy?" mode. And that's a healthy mindset to have. Can I time those 2 purchases perfectly? No. But at least I get to see that portion have a quicker recovery than the rest of the portfolio. If you like this idea - remember - take your time, don't rush - if it bounces back before you buy back in... well, you were still 80% invested, so why complain?

[@beaviswealth]

Love your thought process and discipline. Thanks for sharing. - Marc

[@rleafs7144]

Love the honesty of this video and this entire channel as a whole. Really helps to make informed decisions on my finances. Thanks so much!

[@beaviswealth]

Your comment is very much appreciated. Thank you. - Marc

[@hamedbozorgi4657]

Can you give some examples of robust dividend payers companies in correction? Oil and gas, telecom, and consumer staples are very expensive right now.

[@djsmith3217]

I am more of an income/growth investor with a dabble of venture long plays. It might be my first foray into these scary times, but I just wanna thank you two for the great content. I feel confident for the future. So thanks.

[@beaviswealth]

Thanks so much... and thanks for your support of our channel. - Marc

[@donnavacca493]

I have a large amount to invest, $500,000 from the sale of real estate. I am a buy and hold, blue chip, dividend investor and I am retired…I decided to split the amount into 3 and invest in same 10-12 stocks every 3-4 months time, so if goes lower I will get a deal or if higher I’m already in and enjoy the gain…in other words, dollar cost averaging investing. I’ve been investing for over 25 yrs and been through many ups and downs. I look at this time as an opportunity to get in. I do keep 15-20% cash on hand for comfort and to cover any expenses without having to sell stocks. At this point in time I take my dividends in cash to keep a cash flow, when younger and growing my portfolio, I reinvested all dividends.

[@tomahawk581]

I'm always buying - bought a little portion of Target (-25%) today.

[@beaviswealth]

The market was a little harsh on TGT today, I'm thinking. - Marc

[@carson1861]

I have learned well... you and Brandon affirm my strategy with almost every video. This one hits the nail on the head again. Thank you Mark

[@beaviswealth]

Hi Carson... thanks, as always. - Marc

[@percevalzinzin5983]

Nice vid, Marc, thanks. One thought: you said an 80% drop takes a 500% gain to recover. It is actually 400%. Magic formula is if price is divided by N, it takes an increase of (N-1)*100% to recover. N=2, Gain=100%; N=3, Gain=200%; ... in your example of dropping 80%, N=5, Gain=400%.

[@beaviswealth]

Thanks, Perceval. Missed that one. - Marc

[@carolynkingdon5139]

Can you share which companies you are investing in now with higher dividends? Thanks as always for sharing your insights Marc!

[@jt8280]

Marc, kudos to you ! I know you are talking and buying aapl.

[@marctrottier3732]

...a must watch...

[@beaviswealth]

Thanks, Marc. - Marc

[@willkeen5010]

Great investment advice Marc. I would also add that for any short term investment say 18 months and under, a gic is becoming attractive again. Picked up an 18 month from BNS for 3.65% which helps me sleep at night :)

[@beaviswealth]

Thanks, Will. I've seen some rates creeping up, yes. - Marc

[@stevefoster61]

Great video! Will you do another where you share what companies you are buying today?

[@beaviswealth]

Hi Steve. I'm putting some notes together for a possible video... might do so. Thanks. - Marc

[@thedisciplinesjourney]

Thanks a lot Marc! My best regards! 💯

[@cutiecatboy]

I saw a video recently that basically explained that while institutions are selling, the retail investors keep buying the dip, which sort of gives mixed results in the market, that’s food for thoughts. As for myself I’m gonna keep buying a few stocks every day on the way down. In fact I’m a little sad when we get days like today where everything’s on the green because I don’t really know what to buy lol!

[@beaviswealth]

Don't be sad!!! 🙂 I know what you mean... when you're wanting to buy, you want a better price. But we take the ups with the downs.. I like your discipline. - Marc

[@cheynebest7028]

Buffet has started to buy... pretty big indicator

[@beaviswealth]

Could be a clue, right? Thanks for commenting. - Marc

[@ab.4425]

Great video Marc!! Thank you so much!!

[@anatoly8018]

thanks for the great content. I'm buying monthly, however 50% dip on s&p is still going to be very painful.

[@beaviswealth]

You're welcome... yes, 50% is never 'fun', but I like your discipline. - Marc

[@Reddylion]

Nice video !

[@dalesiemens]

Well said ! This was really a great chat and I appreciate the topics you covered. Very helpful thanks

[@joannapatterson4625]

I own mostly ETFs. Most are down. I am collecting good monthly income, not concerned.

[@beaviswealth]

That's awesome. The cash flow will help, and I'm glad you're 'along for the ride'. Cheers. - Marc

[@The786Aziz]

May I ask which ETF's you have?

[@joannapatterson4625]

@@The786Aziz various: HYLD HDIF HDIV EIT ENS are some of my core holdings

[@The786Aziz]

@@joannapatterson4625 Thank you

[@flow2tech]

@@The786Aziz careful with those .They are all covered call ETFs designed for income but very little growth..As a matter of fact they tend to drop over time and stay depressed in comparison to the ipo . Pick a fee and look at their long term charts..

[@mrslcom]

The future is and always will be uncertain. Focus on your time horizon and its appropriate asset allocation. Market timing is a waste of time. No one really knows which way the market will go. There are valid reasons for both.

[@beaviswealth]

Sounds like a great strategy... thanks. - Marc

[@sensationaldenny]

Ive actually done really well on some energy stocks Ive bought earlier this year, Suncor, Cenovous are 2 Alberta based companies making huge profits right now as demand for energy is going up while the prices are super high at the same time. My Suncor shares are up 11% in the past 3 months

[@lumberdog198]

Sry you don't get a heart!

[@mikaelvellmun7228]

Hey Marc, With the recent dip I've adjusted my portfolio to be alot heavier in REITS(Riocan) due to the ~5% dividend and 20% off its recent highs. A small percent in QQQ and VFV and the rest In Canadian banks, telecoms, and algonquin/Power Corp. I feel like it's a safeish play...with solid overall dividends and some upside growth wise due to the recent correction. What is your opinion on being 50% riocan in my portfolio for risk?

[@dbryant4]

I'm a subscriber and really like your channel, so I hope you don't take this the wrong way, but I am currently a proponent of, as I have chosen to call it, "selling the swell," i.e. the inverse of "buying the dip."

[@beaviswealth]

Love it, Andrew! Sell the Swell! Combine the two and you've got good old fashioned rebalancing, disciplined style! - Marc

[@smallmj2886]

I'm sticking with my set weekly investment through these interesting times. I'm able to bring down my average price a little bit on a few ETFs every week.

[@beaviswealth]

Sounds like a good strategy... I don't know what companies you own, but assuming they are solid entities... you'll do well over the time. Thanks for sharing your strategy. - Marc

[@RoughRiderRuss]

Hey Marc. I'm continuing to DCA into the market. I think it will continue to be volatile for a while yet. Any thoughts on REITS at this time? Thanks for the video, needed something like this one to keep a cool head.

[@Mike-ix4fs]

Hit a 300% return on Suncor today.😁

[@jasperschouten9353]

Thats amazing I'm at 100%

[@piknik8230]

Thank you for this video marc!

[@beaviswealth]

My pleasure! Thank you for watching. - Marc

[@HK-eb3by]

At the 2:00 mark when he said the start of something much worse and much longer nails it. Interest rate in Canada is just 1% at BOC and across the west has been next to nothing since 2008 at a time when insane government spending and inflation is just beginning to catch up to us. This doesn't sound like the floor is near.

[@beaviswealth]

I agree.. it's really hard to tell right now where the markets are headed in the near term. Quite possibly more pain to come. - Marc

[@roberttaylor3594]

I don't know if the dip is over ( kinda short! I'm expecting something longer), but I bought FOUR whole shares of Disney this AM. What about their business justifies such a steep long drop? I propose that it is not justified at all.So apparently I think it is time to buy, if it makes sense. I still plan to put all dividends into something each month. Was hoping CU would come down, but no luck!

[@beaviswealth]

I remember buying into DIS a bit early in its 2020 dip, but in the end, saw the gains. Like you say, who knows how close we are to the bottom, but buying good companies at a reasonable price usually pays dividends. - Marc

[@Andrew-uh2er]

What do you guys think of bond ETFs? Specifically (ultra) short-term bonds as the interest rate uncertainty is looming

[@beaviswealth]

Bond ETFs play a role in a portfolio, as far as I'm concerned. I realize that's a very unpopular statement given the curent times, but I always look over a longer time frame. Short term ETFs would have been better over the past while. Going forward, when you think the rate hikes have peaked, probably adding some longer duration bonds will prove profitable, especially when rates (eventually) start to come down again. Lots of uncertainty now... balance is the key. - Marc

[@Andrew-uh2er]

@@beaviswealth Thanks, Marc! Your guys’ content has been a key part of my interest in investing since I came across your videos in 2020!

[@Lopersen]

Appreciated! Thanks team🙏

[@beaviswealth]

Thank you, Manny. - Marc

[@behuman5725]

Very solid good advice thank you 🙏

[@beaviswealth]

You're welcome. Thanks for watching. _ Marc

[@eac381]

Excellent advice as usual.

[@beaviswealth]

Thanks, Robert. 👍- Marc

[@paulabeattie8565]

Is Hamilton etf considered a good company? I bought $200k yesterday.

[@pwong0227]

I bought HCAL HYLD HDIV too for monthly distribution. I also converted US equities with gain to VOO and BAM.

[@DOR65]

Thoughts on selling a position for a loss and simply moving on??

[@beaviswealth]

Hey Rick. Sometimes, that's the way to go. I can't comment on your situation specifically, but if you've got a holding that doesn't show much hope for the future, holding on just to avoid a loss doesn't make much sense. If there's another investment you feel could make better use of your money, that's something you might choose to do. Factor in capital loss/gains if it's in a non-registered account. Not sure if you're a member of our Academy or not, but if you are, there's a lesson called "Knowing When to Sell & Cut Losses" in our Master Course. Thanks for watching our channel! - Marc

[@lumberdog198]

good quality company's like Target. home depot 'walmart' Dollar tree' Kraft foods? These are all takimg a hit

[@juanperez-gh8bl]

jajaja "el dolor se acerca" creo que es un gran momento para comprar, como dijiste Marc, si somos inversores a largo plazo es una gran oportunidad, también para incrementar los dividendos que recibimos, durante todo este año los dividendos han sido esa felicidad en la caída. "hahaha "pain is coming" I think it's a great moment to buy, like you said Marc, if we're long-term investors it's a great opportunity, also to increase the dividends we receive, throughout this year the dividends have been that happiness in the fall."

[@beaviswealth]

Hola amigo. Cuídate. - Marc

[@marvinpham5180]

LETS GET THIS BREAD UP MARC !! 🎉😂

[@diverse_insightt.o6499]

In my opinion it’s all about your age me being 24 I have to contribute for the next 40 years with a time horizon like that it gives me confidence to invest my money even with the volatility and all the NOISE in the market.

[@beaviswealth]

I love your confidence and strategy. Keep it up. - Marc

[@diverse_insightt.o6499]

@@beaviswealth thanks for all the helpful education you and Brandon have provided us with

[@ptsb5a]

@Diverse_Insight T.O I'm with you. I don't have the same time line but I'm also not scared. Stay the course.

[@eddy563]

“When things start to go down, you never know where they will stop”, Alan Greenspan.. it is foolish to try to time the market

[@flow2tech]

@eddy Just keep buying through it with a sound dca strategy..Sometimes paying more sometimes less ...But staying invested for the long term is a pretty sound solution

[@jasonstupak4535]

Watched and liked, thanks Marc! Always quality content from you.

[@beaviswealth]

Thanks, as always, Jason. Cheers. - Marc

[@jeffreycheung7452]

You think raising intertest rate can resolve the Inflation? IMO our situation is more complication than what we have in the history. i.e. Ukraine and Russia world, US and China conflicts continue, supply chain big interruption, pandemic is not over and we don't know when. A lot of issues more than just raise interest rate. The worse thing is you do see if there is any solution. Looks at the retail companies result, Walmart, Target, Dollars tree poor Q1 result and stocks dropped more than 10% and continue falling. OMG Target down 24% today Costco drops more than 10% today. Any thoughts? Should we hold more cash or should we buy now during the down turn now?

[@beaviswealth]

Hi Jeffrey. IMO, raising interest rates alone will not resolve inflation, no. The other issues you've listed need to be addressed as well to get us through this. Your cash question comes down to your tolerance for risk, and a strategy that might see you buying into the market at lower prices, if the markets continue to drop. I think it's always a good idea to have cash on hand, and in times like these I typically would buy in stages.. not committing everything at once. Hope you can factor this into your decisions going forward. - Marc

[@AG-hl1ni]

PLTR

[@harrisonwolff7611]

Is air Canada a good buy?

[@JungleEddie]

I dumped my tax refund into a flash in the pan company that is down 8% in the last month. It is CN Rail. 😉 Edit: I bought today so I bought the dip.

[@beaviswealth]

😂 Gotta be wary of those fly by night companies! - Marc

[@hockeycentral1149]

That dip could be lower

[@JungleEddie]

@@hockeycentral1149 then I will have to buy more.

[@flow2tech]

@@hockeycentral1149 could be but stick to the strategy of just keep buying..Sometimes paying more sometimes less..It doesn't matter in the long run with good quality companies..

[@andrebenoit283]

Buy U.S. dollars 😎

[@Tekz12]

First?

[@beaviswealth]

Looks like it! - Marc

[@Tekz12]

@@beaviswealth Great video as always guys!

[@regisleclerc1447]

markets went down for about 2 years in the dot com bubble...and how long was the bear market of 08-09 ?! Market has been going down for about 6 months now...could still be a lot more pain ahead...

[@MegsCarpentry-lovedogs]

Always totally enjoy your presentations Marc. Glad you brought up the recovery after a loss to return....a friend and I had a chat about this last month and voila! Now you integrate it into your presentation. And....cool to show history stuff. Puts things into a healthy perspective. All really excellent presentation...keeping it real.👍💯📈📉🤔🙃🇨🇦🍁

[@beaviswealth]

Always appreciate you watching, and I'm happy we can read your mind and incorporate your thoughts into our videos. Stay tuned. 🙂 - Marc

[@MegsCarpentry-lovedogs]

@@beaviswealth 👍💯😀