Quote:
Originally Posted by Regorium
New all time high on $1 CAD over 2022?
Incredible 0.5% gain over that time period.
Now do TD Bank or Scotia or BMO.
Or how about an evenly distributed bank ETF? https://www.marketwatch.com/investin...tchlist_ticker
I'm just saying that buying bank stocks - ie. all of the big banks and not just cherry picking the best performer has not yielded anything close to market. The "Buy bank stocks because they own us" feeling that I responded to has actually lost you money over the last several years. |
Did you just pick the 2022 high to use as your point? I could pick the $78 low in 202 to "prove" it almost doubled. That's being silly though. Would I buy it now? No. I'd wait until their is a drop in the market, and get some then.
And it wasn't "buy bank stocks because they own us" it's "buy bank stocks because they are low risk government supported oligopolies".