Saturday, March 20, 2021

2020 Sept. Canada oil stock portfolio | A beginner | Hold and invest long term

 March 20, 2021

Introduction

I am a beginner as a stock investor. I have to learn from my own mistakes, and learn how to discipline myself. If I can hold those oil stock positions and purchase more when the price is low after the purchase, the return will be much more. 

2020 Sept. Canada oil stocks

Those are my favorite oil stocks, SU.TO, IMO.TO, ENB.TO, HSE.TO, CVE.TO. 



What if 

What if I was smart enough to purchase 10,000 shares of OVV.TO on March 27, 2020, I also was able to hold those 10,000 shares to June, 2020 when it had 500% return? 

I may be able to take more risk on the stock market, and learn how to make huge return in less than 12 months. 

For me $10,000 Canadian dollars is huge amount, I have to save first 7 years from 2010 to 2017 in order for me to save $50,000 Canadian dollars. 

I have to learn the importance of investing, it is critical for me to learn how to catch the market down turn and also lowest price. 


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