Stock research: Canada oil stock portfolio business plan

June 10, 2020

Introduction

It is important for me to learn how business works, so I have to write down what I am thinking and my next plan for my portfolio.

Case study

Right now, it is not attractive for me to invest more fund on those Canadian stocks.

The down risk is half of maximum compared to price on March 20, 2020.

CNQ 50% loss => return: back to Feb. 20 highest price 20%
SU.TO 25% loss => return:
PPL.TO
OVV.TO 50% loss => return: around 100% $30 highest position

Ideally, I like to take some risk, and wait another -10% daily gain, total gain with another 10%. I like to invest $10,000, and maximum should be $20,000 dollars in total.

My plan is to make over $10,000 dollars return in next 6 months.

Since I have $1889.40 dollars profit on this project, so that I should invest $4000 dollars tomorrow morning, if the price goes down 50%, so my investment will have -10% return.

At that time, I will think about investing another $5000 dollars, I do believe that the price is cheap. I am willing to lose another 25%.

The idea is to play with market, and also start to bet next 3 to 6 month I have enough return on my portfolio, at least over $10,000 dollars.

The idea is not to lose money, do not buy low and sell high. But I like to lower down risk, and take some risk to get high reward.

Purchase amount calculation

I will prorate the purchase based on gains. Here is the portfolio showing gains.