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Category: Finance

How to Buy Ripple If Your Kraken Account Is Not Verified ?

How to Buy Ripple If Your Kraken Account Is Not Verified ?

I am a Canadian Cryptocurrency Investor.  I mainly have positions held in Coinbase. Wanted to invest in Ripple, and Coinbase currently does not offer Ripple. I had opened a Kraken account – however my verification was stuck in Tier 2/3. What that means is I cannot fund my account using a bank or a credit card. After sending Kraken’s support team an email today – an Erukea moment struck me.  I can fund my Kraken account using the Cryptocurrency I…

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Selling/Converting Your Virtual Currency to Canadian ( CAD ) Dollars !

Selling/Converting Your Virtual Currency to Canadian ( CAD ) Dollars !

I started with using Coinbase for my initial purchase into the cryptocurrency world ! I liked Coinbase because it allowed you to fund your account with credit card ! Fast and simple . Wasn’t a fan of their maximum limit for new customers  ( $100 weekly initial limit ) . It increases with additional verification and over time. If you are based out of Canada you can buy/fund your account but you can’t sell and settle into Canadian dollars ! …

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TransUnion/Equifax Shame On You !

TransUnion/Equifax Shame On You !

I am based out of Canada and we only have two options to check our credit score – either TransUnion or Equifax . Periodically, I like to check my credit score. Both sites from their main page offer you to sign up for a monthly monitoring service . There is no visible option for a one time check. I am sure this is what most people are looking for. The only reason I can think of for not offering a…

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Fintech In Canada

Fintech In Canada

An area I find fascinating and try to keep track of is Fintech developments in Canada. I work at a Financial Services Firm in Technology – the financial sector is an area that is currently being disrupted . I was looking for ways to keep on top of the news and developments in this area . These are some of the resources I came across : News Section on Huffingtonpost  Bank of Canada Fintech Experiments A Canadian ETF run by…

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Snapchat ( SNAP ) Sold ! Ahead of the Nov 7th, 2017 Q3 Earnings !

Snapchat ( SNAP ) Sold ! Ahead of the Nov 7th, 2017 Q3 Earnings !

Today is Snapchat’s 3rd quarter earning report . I have held snapchat since June of 2017 ! My thought process when I bought the stock.  I bought it as a short term speculative play and got caught in its downward spiral ! I shared my lessons learned from this trade . I bought the stock as a short term play – however by following the stock I came to appreciate the company’s ability to innovate and release new/unique features .  From personal experience…

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Market Analysis – Oct 4th – AltaGas

Market Analysis – Oct 4th – AltaGas

The market keeps running up  and I keep on waiting on the side line waiting for a pull back to go back in . So getting a bit impatient ! I  watch BNN top pick everyday to get introduced to new companies and ideas. Ryan Bushell an energy sector Portfolio Manager was on – taking about his past picks and his top picks. One of his top picks AltaGas [ALA-T] currently trading at $28.59 and with a dividend yield over 7.3%…

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Keysight Technologies – Keys.N

Keysight Technologies – Keys.N

I came across Keysight Technologies on BNN . It was recommended as part of two BNN guest’s top picks. Another reason it caught my interest was because I used to use their products when I worked at Blackberry to develop and test our chip set . Jennifer Rahman recommended on her top picks. Some points that she highlighted I found attractive: 50 percent of their businesses is repeat business 5 G deployment will require products offered from this company to…

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Snapchat – Lessons

Snapchat – Lessons

About five weeks ago I picked up SNAP for a short term trade. I wrote about it here . I made a few mistakes with this trade. Mistakes  I had bought the stock at $17 per share and had watched it run up to almost $18 – choosing not to sell at this point. Greed can at times mess up short term positions. At that time I didn’t realize a key event that was on the horizon for SNAP. The…

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Lululemon ( LULU ) – Taking Profit !

Lululemon ( LULU ) – Taking Profit !

I am placing a sell order for my Lululemon ( LULU ) position. I bought 145 stocks for $51.07 and currently the stock is trading at $61.94 for a return of 20% ! Part of the reason the stock has gone up is due to buyout  rumors. The company will be releasing its quarterly earnings reports this Thursday .  I prefer not to hold stock positions through earnings report releases  – In the past I have suffered some heavy losses…

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Commodity Investing – Cobalt – Katanga Mining Limited

Commodity Investing – Cobalt – Katanga Mining Limited

There are many ways to invest in commodities such as gold, oil, copper etc. One of the ways I invest in commodities is through the companies that mine the commodity . In the past I have invested in companies related to gold and oil, and currently I hold a position in a Lithium mining company. I came across a Cobalt company recommendation on BNN – Katanga Mining Limited. This was recommended by Michael Smedley, chief investment officer at Morgan Meighen &…

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