I made some big plays in terms of timing the market in 2020, I was 100% cash going into Feb 2020
I bought the dip hard in terms of equities in March 2020 (unfortunately only deployed 25% of my cash during this time, my major buys were: XSP, XIN, XIU)
In April/May, I bought the dip hard on financials, they were all trading below or at book value and had not recovered in comparison to the general market (unfortunately, again only deployed 25% of my war chest here) (major buys were: ZEB, BNS, BRK.B)
In November, during the election dip, again I bought the dip hard (I would say I only deployed around 10% of my cash here (major buys were: XQQ, ZUE, XEH, ZDM)
In October, I went condo hunting in the GTA, primarily was looking at places in the Toronto area
I was looking for fairly newish buildings <10 years in age, for those that don't know, the condo market bottomed in October/November of last year
I found a place at STC for 470k, 1bed 1 den, 2 baths, 742 sqft, decent condition
Currently, similar units in the building sold for 540k (pre pandemic, a unit sold for 560k in feb 2020)
my current equity in the home is 175k (100k down, 5k mortgage principal payment, 70k in gains)
yes, I also managed to lease this place out in December 2020 for 1700, was going for (2100 pre pandemic)
btw, I have not sold any of my equity holdings, sitting on about 56k in gains
whats is my next play?
BABA , chinese stocks are dirt cheap right now from the FUD, I would never buy an ETF that tracks china since 90% of the companies are most likely fraud, but 2 companies emerge that western institutional investors have invested in (Tencent, and BABA) and I consider relatively safe
I own 89 shares at a 216 cost basis