Better offf finding a couple of solid reliable dividend paying stocks as opposed to mutual funds . Mutual funds are a vehicle for growing equity but administration fees are often prohibitive . Once one has a larger portfolio individual blue chip is relatively safe and profitable .
Canada’s Green Shift Could Displace Three-Quarters Of Oil Workers
- Thread starter mentalfloss
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True, but most of it is RRSPs and administering your own is not that simple. Also until recently I spent a lot of time in camps with sketchy or no internet and almost never having daytime access to internet so having someone else look after it seemed sensible.
Just correcting your wording. You made it sound like you purchased for $36 and then made it sound like you sold the whole thing for $1000 which, is a LOSS!!! Just needed to clarify on your behalf. Obviously, if you purchased for $36 and sold for $1000 you did make real good "coin" but that's not what it came across as. Just sayin....
no.. I purchased 1000 shares at $36 per share, $36,000 total..
they are worth $42,000 today.. 2 months later
They need a gas powered leaf blower to fix up that mess.