Bye .. no new car
Bye .. no new car
The Original !
1234567, ¦h³Ò¦h±o
Just like in real estate the best day to buy is today!
This quote is hidden because you are ignoring this member. Show Quote
Down 2%?! You in blue chips in a TFSA? You 65 or older?This quote is hidden because you are ignoring this member. Show Quote
Look at your risk profile and assess for yourself.
https://www.investopedia.com/article.../03/050203.asp
S&P back up almost 2%. Crisis over.
.
- - - Updated - - -
^^X2This quote is hidden because you are ignoring this member. Show Quote
Annnnnnnd it just tanked againThis quote is hidden because you are ignoring this member. Show Quote
This quote is hidden because you are ignoring this member. Show Quote
Now this thread looks exactly like the cryto thread.
...
Last edited by Sugarphreak; 08-18-2019 at 01:34 AM.
don't equate short term volatility to poor management. Looking daily at your long term investments is a sure way to inject far too much emotion into the process and create even worse long term results. If you want safety, buy T-bills.
This quote is hidden because you are ignoring this member. Show Quote
Received a market update email from both investment companies I have accounts through warning that the sky isn't falling. Don't really actively check or follow the value of them, just keep chugging along. How bad is it?
You should totally sell low and buy high!This quote is hidden because you are ignoring this member. Show Quote
- - - Updated - - -
Holy fucknuts, there are now 5-year GICs paying out @ 2.88% that aren't Oaken (Home Capital Group).
With almost no volatility throughout 2017, volatility has returned in a hurry.This quote is hidden because you are ignoring this member. Show Quote
But in reality, markets have pretty much reset to levels we saw around October 2017.
So, if you haven't looked at your statements/portfolio since October, should be about the same
These opinions are entirely my own and do not represent any other person or organization.
For the people complaining about "losing" money on their investment accounts. Would you rather the market keep going straight up and paying more money for the same businesses/investments or would you rather have a window of opportunity to buy the same stocks at discounts? At the end of the day the return from stocks is equal to two things - company earnings growth and dividends. Earnings and dividends will continue to grow at a steady pace while the stock market will continue to wildly fluctuate, giving you opportunities to buy it at a discount OR a premium.
The only people who should be pissed off are retirees who need to draw from their investment accounts to pay for their living expenses. Everyone else who is earning and saving should be glad we're able to buy into the market at a discount (at least compared to the past few months).
The 'be greedy when others are fearful' quote is a good way to keep your wits about you during a correction like this. Another good one is 'the stock market is just a distraction to the business of investing'. In other words, keep you eye on the game, not the scoreboard.
I sent in a transfer to cash yesterday. Should be happening today or Monday. Im still up, only every so slightly. I felt the market was high for a long time anyway.This quote is hidden because you are ignoring this member. Show Quote
Dont stress. Buy the dip.
True. I wanted to get our MF to cash about a couple weeks ago but didn't get to the paper work until couple days ago. Good to have a nice cash position ready to bargain hunt soon!
To put things into perspective:
https://qz.com/1201412/see-exactly-h...he-worst-ever/
Oh yeah... Wealthsimple isn't actively managed, unless you consider re-balancing ETFs to be active management.This quote is hidden because you are ignoring this member. Show Quote
Here's a look at the big picture. The market has been steady climbing since 2009, these corrections are healthy.