02-26-2020, 09:21 AM
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Join Date: Dec 2009
Location: Alberta
Posts: 3,650
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Quote:
Originally Posted by Justfishin73
I couldn't disagree more. I play the market swings, and have for 25 years, averaging around 30% return. If you don't know what you are doing, then yes,don't bother. I do know what I'm doing, and do well. Got very lucky getting in Aurora early and cashed out about 2 years ago. Got a 5x return in TFSA (no taxes for you turdoe!!!), then diversified into different funds, 32% last year. If you pay attention and know your stuff, can be very profitable.
I'll be back in when the DOW hits 24,000. Until then, it is about preserving capital, not looking for swings.
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Sorry but I feel your statement of your returns are grossly over inflated.
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