Quote:
Originally Posted by Slava
No big deal if you are one of the proponents of October always being the worst month on the stock markets though I guess? 
I still think that things are going to be good sooner rather than later. Make your RRSP contributions, save the tax (which is a virtually guaranteed return) and enjoy the long-term benefits of buying low. |
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I bought some MFC for $14.50 on February 19th. Thought I was buying low....Today it is $11.55 so are you still going to give me $20 for it
Anyways, I agree with buying low but be careful out there and don't be soo sure we are at our lows in this market. The experts have become amateurs in this market (look no further then Buffett) and there is no rush to buy something today that you can get cheaper tomorrow. My MFC doesn't look too bad when held up to Buffetts Conoco purchase that he bought high at the top of the market...