Account Stats | | | Forum Threads: | 21 | | Last Online: | Tue, Apr 21, 2026 | | Forum Messages: | 2,504 | | Gallery submissions: | 2 |
| Latest Forum Post |
| |
| | |
 | Backalleybuttlove wrote:
Why did you moved your assets to stocks and ETFs the day before the shooting started? | |
I didn't know the shooting would start. I was also concerned about a Fed rate rise, or even leaving it unchanged, would cause a drop in value. Bond values fall as rates rise. Trump's antics were also pushing up Treasury yields, to the detriment of bond holders.
| Backalleybuttlove wrote:
That must have been very unsettling to see it nosedive like that. I've only done high risk/volatile bets with chump change.
| |
It was, a bit, but I've been there before. The stocks I chose were established Canadian banks and companies, with a chunk thrown at a TSK Index ETF. I'm currently underwater on one of the positions but while I wait for it to recover the shares have a dividend yield of just over 9%, a good quarterly chunk of change. Also, dividends (well, Eligible Dividends) are, under most circumstances, the most tax-efficient source of investment income in Canada. | |
|
| Jump to Message | |
| | |
