9:50 am
February 20, 2018
10:52 am
October 27, 2013
There area a lot of stock forums and financial investing sites. Further, I don't know of any blue chips (large cap by definition) below about $10B in market cap. Your threshold of $25M is barely a nano-cap.
My smallest market cap holding is NFI with a market cap of just under $2B and I doubt it is considered a blue chip. All other holdings have market caps in excess of $10B (and nominally, though not necessarily, all blue chip).
11:00 am
January 12, 2019
12:56 pm
February 20, 2018
1:05 pm
December 12, 2009
I would definitely support an equities discussion forum because we can already discuss equities and bonds here via the "General discussion forum," thus a separate forum would better organize the threads topically, but also because this forum has a lot of other non-HISA forums including those focused on everything from "Credit card reward programs" to "Mortgages".
I would agree with AltaRed, however, that Bud (a.k.a. dealjunkie/hotmony) should do a bit of research on what's considered a "blue chip" company in terms of market cap. Even in the smaller market cap Canadian market, $25 million would still be a micro cap and, in larger markets, would definitely be a nano cap company like AltaRed suggests.
Generally speaking, in the Canadian market, I consider $1-2.5 billion to be "mid-cap," more than $2.5 billion to be "large cap," and more than $10 billion to be "mega cap". $100 million to $1 billion, I consider to be "small cap". Micro cap would be $25 million to $100 million, and below $25 million would be "nano cap".
Cheers,
Doug
1:11 pm
December 12, 2009
Bud said
Disagree we need it for sure the asset classes are connected.Peter be aware of competitors trying to dissuade u.
Fw was very harsh on gic investors they have stock n fund forums. Altared arent u a regular there not suggesting why ur against
You could put.a mod on a stock forum
AltaRed is a prolific poster on another message board, of which I'm also non-active member, yes, but he's not a moderator or co-owner of that board (as far as I'm aware). Thus, he's not exactly a "competitor".
Also, I took AltaRed's response as a highly tentative, "soft oppose" based on your initial proposal. In light of my response and further responses, I suspect he could be persuaded to support. I also didn't take Dean's response to be a particularly strong opposition to a separate discussion forum, too, and he, too, could likely be persuaded to support your proposal with added, logical, and strong rationale. Have I got that right, Dean and AltaRed?
Cheers,
Doug
1:19 pm
February 20, 2018
2:56 pm
December 12, 2009
Bud said
25mill to accomodate fallin angels mostly for example for someone who owned a breX for example before it was delisted. Also the odd microcap with reputable directors. 2nd cup market cap 30mill etc there are some names out there in the cheap seats that may have some life left..
Yes, that's true that micro- and nano-cap stocks can be potentially good value despite their small market caps. Likewise, large cap stocks can be dogs and, eventually, worthless. However, in the latter case, there's a process under which their continuous downward pressure in stock price reduces them from being a "mega cap" to a "large cap" to a "small cap" and so forth. I also personally believe it's important to define market cap sizes differently in Canadian and U.S. contexts. Thus, I wouldn't put a $200 billion requirement on being a "mega cap" in the Canadian context. And, of course, you have some companies that are trading on sheer momentum and potential for growth due to favourable business sectors (i.e., Shopify) that have now become one of Canada's 10 largest publicly-traded companies. Despite being a "large cap" company, I wouldn't characterize Shopify as "blue chip". They have incredibly low barriers to entry. Indeed, privately-held Automattic makes their WooCommerce software available for free and is arguably better than Shopify, from what I've seen. 😉
Cheers,
Doug
2:59 pm
October 27, 2013
There are so many places to go for stock forums, I just think there would be 'fatigue' having yet another one. No objection of course if that is what members want, but I don't have enthusiasm for active participation on my part.
My 'go to' and favourite is non-commercial (no advertising) Financial Wisdom Forum having been there and its predecessor for almost 20 years. It has a number of 'class act' members. Plus its sister forum Bogleheads, also non-commercial, in the USA.
Another is commercially owned, with advertising, Canada Money Forum. There there is Reddit (personal finance Canada) which I do not participate in. All of those are much broader than simply stock forums.
Google 'canada stock forums' and you will find something for everybody. Stockchase, Stockrants, Stockaholics, Superstockpicker, etc, etc.
If y'all decide to go ahead, I'd suggest putting some constraints on subject matter or it will multiply like rabbits into a wide span of topics.
3:55 pm
October 21, 2013
One of the reasons I think THIS forum succeeds is that it is not full of a lot of clutter.
Not a good idea to add stocks IMO. There are other places to go for that, where it is their focus.
There are occasionally subjects that come up which overlap with stocks or extend our understanding of fixed income, and I think those do have a place here as they add perspective to the main subject of interest-bearing investments. These would include market-linked GICs, money market or similar funds, bonds, historical relationship between returns for cash/GICs vs stocks, proportion of assets to invest in fixed income vs equities, some balanced funds (e.g. Mawer), etc. However, none of these has drawn sufficient traffic to warrant their own sub-forum yet.
6:09 pm
February 20, 2018
Most of the other forums mentioned are useless stockhouse bullboards for a time had merit if one wanted to drive a stock up or down not just microcaps. It all started with the fundlibrary till they got paranoid, sold out or something and started going after their posters eventually they folded it was early days online just as the internet bubble was beginning before myspace social media was still considered a bit player. FW coulda been bigger but they didnt get it or want to. They will ban you if you talk up GICs, suggesting they are better than etf funds for example they ban anyone who is a bit aggressive and doesn't go along with their philosophy which is fixed income isn't good for investors in the long run and their financial planners. They were belligerent to anyone who didnt fall in line. Its nice to see this forum kick their butt.
6:34 pm
March 17, 2018
I'm not that familiar with Financial Wisdom Forum or Canadian Money Forum, but I used to look at Bogleheads ( sister site of FWF ) and found it was a few people posting all the time who were fairly elitist and quick to ban you if you stepped out of THEIR line. That turned me off of FWF whose website is built to look the same way.
6:05 am
September 30, 2017
There are a lot of stock forums and financial investing sites. ...
There are 'LOTS' of good stock forums, elsewhere.
Also from the about page of site ...
... Our goal is to provide an educational and welcoming community for people to discuss Canadian high interest savings accounts and other related topics. ...
FWIW - (as a member) I object to the idea of stock forum(s) on this site. IMO, stocks are not related to savings accounts .
[ Responding to Doug's #15 ] Yes Doug, mortgages and credit cards ... so many cans of worms.
9:15 am
December 15, 2016
I think this forum is just fine the way that it is, information and discussion of savings rates and related items.
There are plenty of forums that discuss stocks and the stock market without getting off track here. This is one of the better sites that I have come across to find up to date on rates, offers, etc.
FWIW,I have been a member of Financial Wisdom site for over 10 years and find it to be the best site on the internet for discussion of various issues.
The seem to have a lot of very knowledgeable posters that post quite often. Shakespeare, Norbert, Norm come to mind. James Hymas stops by occasonially with insights on the preferred market. IMO, his own blog on prefs,Prefblog is unbeatable.
If someone wishes they may ask all the questions they want and will usually get an answer but don't go over there and start acting stupid because they don't suffer fools gladly.
9:37 am
December 12, 2009
hwyc said
FWIW - (as a member) I object to the idea of stock forum(s) on this site. IMO, stocks are not related to savings accounts .
True, but neither are mortgages and credit cards 😉
On the one hand, I don't want to see this become a Stockhouse, Stockchase, or other message board for raging stock bulls; however, I'd be more inclined to have an "Investments and Portfolio Strategy" sub-forum, for discussion of equities (stocks), ETFs, mutual funds, and portfolio strategy as @Loonie suggested. I think it would help to further separate such discussions from the all encompassing "General financial discussion" catch-all that that forum has become.
Cheers,
Doug
7:10 pm
February 20, 2018
Righand said
FWIW,I find it to be the best site on the internet for discussion of various issues.
LOL
Never made a dime over there here there's some deals. Real financial decisions are happening off this forum. Millions transacted by members. This forum is an industry player. Fw has some talent theyll leave there for here in time depends how open it remains. Quickest way to get em over is set up an equity forum. They're starting to get nervous. Another thing theyll out a member who "acts stupid"
7:29 pm
October 27, 2013
Briguy said
I'm not that familiar with Financial Wisdom Forum or Canadian Money Forum, but I used to look at Bogleheads ( sister site of FWF ) and found it was a few people posting all the time who were fairly elitist and quick to ban you if you stepped out of THEIR line. That turned me off of FWF whose website is built to look the same way.
Bogleheads does run a tight ship. Less so at FWF which uses the same software package. CMF is more of a free for all. Depends on what one is looking for. Personally, I like a high signal to noise ratio and civility and people who can spell and use some grammar.
8:35 pm
December 12, 2009
AltaRed said
Bogleheads does run a tight ship. Less so at FWF which uses the same software package. CMF is more of a free for all. Depends on what one is looking for. Personally, I like a high signal to noise ratio and civility and people who can spell and use some grammar.
I've been attracted to Canadian Money Forum and like how civil everyone is there. I also like how organized everyone's thread titles are (that is, name of company and stock ticker symbol in parenthesis). I've never been to Bogleheads (I tend not to be attracted to Jack Bogle pseudo-fanboy clubs) and FWF, but Canadian Money Forum, despite the ads (they have server costs after all) does run a respectable "ship."
RedFlagDeals/PersonalFinance and reddit.com/r/PersonalFinanceCanada are total free for alls. If anything, they would actually be an argument for creating an "Investing and Portfolio Strategy" for discussions on equities, fixed income, ETFs, and portfolio strategy, instead of currently lumping them into the enormous catch-all that is "General financial discussion." Similarly, "Your stories" has also been used as a sort of off-topic grab bag for social chatter, so perhaps a "Coffeehouse" sub-forum could be helpful for that and then "Your stories" could be used for drafts of articles one proposes to write for the site (pardon the rhyming) and solicit feedback on or to link to one's newly published article.
Cheers,
Doug
5:46 am
March 17, 2018
Doug said
I've been attracted to Canadian Money Forum and like how civil everyone is there. I also like how organized everyone's thread titles are (that is, name of company and stock ticker symbol in parenthesis). I've never been to Bogleheads (I tend not to be attracted to Jack Bogle pseudo-fanboy clubs) and FWF, but Canadian Money Forum, despite the ads (they have server costs after all) does run a respectable "ship."
RedFlagDeals/PersonalFinance and reddit.com/r/PersonalFinanceCanada are total free for alls. If anything, they would actually be an argument for creating an "Investing and Portfolio Strategy" for discussions on equities, fixed income, ETFs, and portfolio strategy, instead of currently lumping them into the enormous catch-all that is "General financial discussion." Similarly, "Your stories" has also been used as a sort of off-topic grab bag for social chatter, so perhaps a "Coffeehouse" sub-forum could be helpful for that and then "Your stories" could be used for drafts of articles one proposes to write for the site (pardon the rhyming) and solicit feedback on or to link to one's newly published article.
Cheers,
Doug
I find Redflagdeals has some very knowledgeable posters in the Personal Finance section on credit card deals, foreign exchange, and bank accounts. They have at least one financial poster who is rude, but most are very helpful. A few of the posters like myself,Doug etc are in both forums. They have a useful feature where rude posters get put in "penalty box" where every post has to be reviewed by a moderator before being published. I would suggest Peter implement that here rather than banning, since it's pretty easy to circumvent banning by changing names and email addresses etc.
6:39 am
February 20, 2018
People r too sensitive the only troublesome posters are spammers 10+ posts in one swoop for example. Some posters have non-visable behavorial disabilities its discrimination to exclude them. Who cares what people say as long as theyre not violent. I follow Trumps tweets religiously for political n economic reasons does that make me a racist. Social media thought suppression is a problem. When i make a decision i want to know what everyone is thinking. Many think homeless r crazy but look at the political social economic impact theyre having on ur wallet billions its huge they often drive the narrative r affecting peoples lives directly. Nobody is fooling anybody.
Please write your comments in the forum.