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Yup. As I keep saying, growth stocks will be riskier than ever this year and in 2023.
growth stocks
That's SPYHow much of growth stocks are in SP500?
Yup. As I keep saying, growth stocks will be riskier than ever this year and in 2023.
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The money should be something that can only be increased by the amount of GDP growth.Let's make this guy the Finance Minister already.
Throwing pebbles at him isn't enough for you? This is the kind of Canada you want?I'm surprised someone hasn't punched him in the face yet.
Well, people have been calling me nuts when I told them I have more than 90% bank stocks in my portfolio....,,Anyone is taking some profits in financials? Bank stocks are insane. More than doubled in the last 2 years. Unhealthy? Or banks are now making double money? I doubt that.
You could ask Germans what they think of Deutsche bank shares as an investment.Well, people have been calling me nuts when I told them I have more than 90% bank stocks in my portfolio....,,![]()
As always, it's hard to predict. I prefer to hold bank stocks when they are more expensive, and buy them when they are on sale, which comes around every couple of years. My last bank purchases were in 2020; BMO at $63, BNS at $50, CIBC at $78, RY at $87. So while I might not buy BNS at $93 today, I am not really interested in selling, because you just never know when to get back in. What if it drops to $80, and you think "I'll wait for $75", and it goes to $100? Whoops.Anyone is taking some profits in financials? Bank stocks are insane. More than doubled in the last 2 years. Unhealthy? Or banks are now making double money? I doubt that.
Just to nitpick, if you are going to ask if banks are making double earnings because their share price has doubled from their lows during the pandemic, you also need to ask if banks made 40% less when their share price dropped correspondingly from their pre-pandemic price levels.Anyone is taking some profits in financials? Bank stocks are insane. More than doubled in the last 2 years. Unhealthy? Or banks are now making double money? I doubt that.
I'll tell what Canada I don't want; the one we have right now.Throwing pebbles at him isn't enough for you? This is the kind of Canada you want?