Tsx 11,000

You better fire your advisor for waiting for the third bottom, I missed out waiting for it, it's long gone IMO. :mad:
 
BallzDeep said:
You better fire your advisor for waiting for the third bottom,

The damn elusive 3rd bottom. It's like saying no to the 1st lady and saying no to the 2nd lady while waiting for that 3rd lady. Guys, if you like the first lady, just go and grab her.

Old Irish proverb: "A woman in the hand is worth 3 in the bushes".
 
Yeah, still waiting for the 3'rd bottom which is looking less and less likely.

Though that said, I think things are perhaps a little ahead of themselves now.
 
james t kirk said:
I think things are perhaps a little ahead of themselves now.

Guys, there is $2 trillion in cash waiting for the 3rd bottom. That money will find its way into the equity markets at some point.
 
Rockslinger said:
Guys, there is $2 trillion in cash waiting for the 3rd bottom. That money will find its way into the equity markets at some point.
Perhaps a good reason to beat them to it? :D
 
I didn't get manulife at $9 but I did load up on BMO when its dividend was around 10%, I believe it was at $23 or so. Not quite as good as MFC at $9 but I'm still happy.
 
fuji said:
but I did load up on BMO when its dividend was around 10%, I believe it was at $23 or so.

Yes, I recall a lot of talk on this Board back then about BMO cutting its dividend. BMO actually did a stock issue at $30 just before you bought your lot. Good going, Fuji.
 
Rockslinger said:
Guys, there is $2 trillion in cash waiting for the 3rd bottom. That money will find its way into the equity markets at some point.

I have read theories about that. It's not really true. At least 60% of that is not really investable for various reasons. This rally is insane, not gonna try and predict how it ends, but it looks just like last summer to me.
 
nottyboi said:
I have read theories about that. It's not really true. At least 60% of that is not really investable for various reasons. This rally is insane, not gonna try and predict how it ends, but it looks just like last summer to me.

I am curious about some of those reasons that cash is not investible.
Can you expand on that?

Thanks
 
Rockslinger said:
Is this the real deal? Do you feel richer now:) ? Aren't you glad you bought ManuLife at $9?


I don't just feel richer, I am richer. All of my assets are floating back up again.