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Old 02-27-2020, 07:12 PM
pikeman06 pikeman06 is offline
 
Join Date: Apr 2010
Posts: 1,615
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Just gotta know when to pull the pin when you are playing the market. Anybody who is still hangin on is in for another 10 percent at least before it settles. You've seen the pathetic 5 and 10 year g.i.c interest rates now you know why a one year term deposits had a better rate than some of the 10 year ones. I hung onto a couple just because they been good to me and actually have some real assets. Some of the stocks that are tanking didn't do much to deserve the big swing in share prices they have gotten. I think it was a product of people switching from rrsp and mutual funds to a stock based t.f.s.a that payed a dividend. Now is when those people learn what a stock market crash is all about. It's more about the value of the share than the little dividend you get.
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