Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Here is an interesting video from Canada's BNN (Can't ignore the growth):
https://www.bnn.ca/can-t-ignore-the-growth-canopy-forces-bay-street-to-take-notice-1.953896
Many of the pot stocks in this ETF have been on an absolute tear the last 3 or 4 months. Canopy Growth (TWMJF) was up 12% yesterday (12.27) and is up another 6% today, perhaps due to this new ETF starting on 12.26. This sector is still incredibly …
Another good way to play the growth in China's internet sector is via T. Rowe Price Emerging Markets Stock Fund (PRMSX). Almost 22.5% of its holdings are in Tencent and Alibaba.
https://finance.yahoo.com/quote/PRMSX/
https://www.cnbc.com/2017/11/…
I like IGV a lot, as well as PRGTX IGV is an etf devoted solely to N. American software companies. Because it's a concentrated sector etf it can therefore be volatile, but the earnings of software companies such as Oracle, Adobe and Salesforce.co…
Thanks Skeet. I prefer a monthly format as a quarterly thread would likely become very lengthy. I'll also fence-sit and suggest a continuation of this bi-monthly format.
Give the quarterly version a try (as you're doing) and see how it works, b…
Long thread but I don't think I've seen the etf IGV mentioned. It's a sector etf focused on N. American software companies with Oracle, Adobe, and Salesforce.com amongst its largest holdings. I've held this etf since Feb. and have added on pullbac…
I'd like to see GOOGL and AMZN do 10:1 splits, making their shares go down to roughly $100. AAPL did a 7:1 split a few years back as its share price was $700+. I own these stocks via funds, FCNTX has done well owning these names, but I'm worried t…
I think that weed related companies will be a huge investment opportunity in the not too distant future, but we're not there yet. Once Canada legalizes recreational weed next year, then the investing door will open a bit wider. Right now weed inve…
@bee - People made more money selling picks and shovels to prospectors in the gold rush than the actual prospectors made digging for gold.
My opinion is similar to Canada's PM Justin Trudeau. The stuff is already out there with the profits going t…
Bee - Here's what's in their pipe as well as some other helpful links:
http://www.horizonsetfs.com/horizons/media/pdfs/productsheets/HMMJ-Product-Sheet.pdf
http://www.horizonsetfs.com/etf/HMMJ
https://equity.guru/2017/04/03/the-horizons-medical-m…
Here's an article about HMMJ.TO:
http://www.marketwatch.com/story/positive-buzz-sends-first-marijuana-etf-sharply-higher-in-early-days-of-trading-2017-04-10?siteid=yhoof2&yptr=yahoo
@ fellow Michiganders - Having grown up in the 80's, Michigan's economy has sucked as long as I've been alive. Flint has always sucked. I suppose that the strength of the phrase, "Michigan's economy sucks" has only increased during my lifetime ...
I didn't know that the load could be waived. First time I've commented on a fund's load, so prior comments came from other people. What's most important is each individual's fund preference, how it fits into their portfolio and their ability to sl…
The newly appointed FDA chief is a long time pharma ally having served on GlaxoSmithKline's board, so I reckon that health care (and quite possibly biotech) will outperform again. Fwiw.
@bee @catch22 Thanks! I just checked BCSIX via my Fido account and it's closed to new investors. Looks like a good fund to watch, hopefully it will re-open.
I always dca into funds. Hopefully time is on my side ...
@catch22 - Thanks for posting so much info! In addition to my Fido account I've opened a Price account, which shows that I can buy PRHSX. Interesting how much this fund has outperformed FSPHX, thanks for this nugget!
Kiddos are doing well but are…
Hi Art - Perhaps the reason that your funds don't hold much HC equities is because this sector is a populist political football used by both sides of the aisle. Hillary attacked pharma pricing while Trump has also made some rumbles about controllin…
@00BY @Ted - Thanks for your comments. I'm going to make one of the 3 health care funds (Fido, Price or Vanguard) a core holding in my portfolio. As mentioned, this sector has an excellent long term history even if politics muddles the short term …
@LLJB - Thanks for your suggestions. I agree that PRHSX, VGHCX and/or FSPHX would be what I'm looking for. I have a brokerage account with both Fido and Price, so either of their two funds will be my likely choice. SBIO seems too volatile and con…
