Nice comeback

Im going to need a bigger comeback

Market Summary
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Vanguard US Total Market Index ETF
70.63 CAD
-13.16 (-15.71%)year to date

haha ya meant daily

Bull time will come but I think worst is still yet to come before that happens

I think it’s going to get rough mid November to end of the year.

The market is irrational, its constantly a challenge to determine what's priced in and what isn't. I am often surprised but not surprised that again I have predicted the wrong outcome.

Doesn't mean I won't pick some sector ETF's over just indexing to the S&P or total US market but my single pick days are mostly done.



On another note I don't yet know what to make of companies now being able to pass on credit card fees to customers, I wonder if I'm going back to the days of debit cards.

https://www.cbc.ca/news/business/credit-card-surcharge-shop-1.6606997


Has anyone seen vendors passing on fees yet? I know the second I see it at a grocery store, hardware store or via airline bookings ill drop my card where possible and I think a lot of people will drop their Visa or Mastercard depending on fee rates. Ive seen some posts with pictures of receipts with a 3.5% charge for using a Visa.

This post was edited by SBD on Oct 6 2022 09:19am

I haven't seen it and I doubt it will happen. Vendors are so wildly dependent on accepting credit cards and it would be such a hot topic that the vendors that don't do it would quickly get a shit load more traffic.

Looking to short Twitter at this point. I believe Elon will not follow through with the deal as debt financing ends 8 days prior to the court date. This allows him to exit deal and only pay $1B.

I agree and that's why I was so surprised to see Telus one of Canada's biggest cell phone plan and internet providers hop on. That would make me instantly switch to Bell or Rogers.

https://mobilesyrup.com/2022/10/05/big-three-rogers-telus-bell-credit-card-processing-fees/

Companies have already baked the price into goods I would have assumed so it will be interesting to see what happens.

This post was edited by SBD on Oct 7 2022 09:44am

AMD
Never to go above 70 again? or long trend dip to return..
thoughts?

Added to Tesla