Royal Bank of Canada is one of those stocks I feel I can trade within my portfolio and know that even if the trade fails, the stock is still a winner. This stock has been a core holding in my account for decades. It is a stock I believe strongly in and one I think cannot hurt my portfolio.
Royal Bank Of Canada Stock Is Not The Biggest Gainer But…
While perhaps not the biggest gainer in a year for my portfolio, this latest trade if I could repeat it monthly, could bring in 20% every year. For now though I will content myself knowing I could pick up 1.7% on this trade for about 3.5 weeks of risk and have decent protection against a decline in the stock’s value as well.
Lot To Like With RY Stock
The Key To Royal Bank Of Canada Stock is having a plan well entrenched. That way there is never a need to panic and lots of room to take advantage of trading opportunities as they appear. There is a lot to like about Royal Bank Of Canada Stock. Stock symbol is RY.
Royal Bank Of Canada Stock trades on both New York and the Toronto Stock Exchange. I only trade it on the TSX and in Canadian currency.
I have written a number of articles discussing the importance of planning in investing. This link lists many articles on the topic of planning.
Royal Bank of Canada Stock Trade Alert and Strategy Discussion
This Royal Bank of Canada trade alert and strategy discussion article is for FullyInformed Canada members. FullyInformed Canada Members can login directly through this link or they can sign in to the full members site here. Non-members can join here or read about the benefits of a membership.
Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.