|
|
|
Stocks
- Thread starter Boots
- Start date
Just go BTC GME and DOGE.
Guaranteed now that Musk owns Twitter. Hell pump and dump it all.
Different rates. The bank rate for borrowing was 17% in 1981. However, the 5-year GIC return rate was ~12%. It always costs more to borrow money than to save it. Banks make their money on the spread.
From a numerical standpoint, yes, but in 1981, inflation in Canada was ~10%, so your effective rate of return after adjusted for inflation was closer to 2%.
AllistonGT
Well-known member
Would you still buy I have a bunch that needs to go somewhereA week ago, sources said Lion Electric.
LEV.TO
Pullback under $4.00 might be tempting?
The bunch might have fun in DIV.TO for a yr or two? (still my fav)
My Dividend money is in FRU right now Just for ***** I picked up 2700 LEV at 4.3 see how it does over the next couple of months
Added 250 ZIM shares lets see how that goes LOL
Are you still in LSPD or did you give up?
Should have gave up but still in they are having another great day. Only 1.6 percent of my holdings so not the end of the world I just hate seeing the evaporation
I've started pumping lspd to get my cost down. If they go up more than 5% in a day I sell ~30% of my holdings, down 5% in a day, use money from the sale to buy again. Thankfully I have some money out now so it will go in this afternoon. I won't add more money to lspd but converting the existing money into more shares makes sense to me.
That would suck but it is a distinct possibility. It would be my first big loser since BreX (which was also the last time I used an advisor as I bought a mutual fund with their advise and the fund was mostly brex, wtf). LSPD was a flyer with some money hoping for a 5x or better over the next few years.
Or trying to catch a falling knife...
Mikedezo44
Well-known member
My mom recently told me she finally cashed out a 25k mutual fund that was up $66 after 20 years lol. Same thing, bank talked her into it back then. Will make more on a 14 month GIC right now after nothing for 20 years. Only people to make money on them seem to be bank or brokers. My dad went with our neighbors brother for some other mutual funds 25 years ago and none of them ever made anything either, broker actually had the nerve to call my dad to tell him to get rid of them because they weren't making him any money on commission either and he wanted to clean up his books.
|
|
|
|
|