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Re: john1311 post# 88826

Friday, 09/21/2018 9:59:09 AM

Friday, September 21, 2018 9:59:09 AM

Post# of 128585
I have kind of split up my money and taken some long positions that I intend to keep for the long term - ranked from conservative to speculative it would be Canada big five banks, STZ, Canopy Growth and Rivers - and then I have a bunch of cash I might use to average down my position in either STZ, WEED or RIV if the market is so kind as to present me an opportunity, and if not I will continue divestment, next up might be FANG

I am a long term WEED holder, I bought in at $63 and change last I think and will not be selling that for years to come, even though right now I think it is overbought. I have taken the silly position of holding it no matter what the market says about it

currently 60/40 cash to investments

Buying low, selling high is a tough way to make free money, this is easier.