I mean you can literally watch the volume as they move money from different sectors. You think they're all buying up cheap shares and "buying the dip" - its not true.
Bonds
- Thread starter Durk
- Start date
Yeah, you're right. Silicon Valley Bank and a couple others like Signature Bank went under recently. They held a lot of long-term bonds that dropped in value when interest rates went up. When people rushed to pull their money out, the banks had to sell those bonds at a loss, which caused the collapse.
It doesn't hit Canada directly, but it shook up the markets. Canadian banks are more regulated, but global events like this can still affect investor confidence. Something to keep an eye on.
It doesn't hit Canada directly, but it shook up the markets. Canadian banks are more regulated, but global events like this can still affect investor confidence. Something to keep an eye on.
What account are you gettign 4.55% and how often is interest calculated? My high interest savings account sucks right now.. Looking at options
My post was from 2 years ago when intrest rates were way higher. I’d doubt you’d get 4.55% now.
EFT’s are climbing again, they stalled out last week, but I don’t think Trump is going to do any more crazy shit, so the market shouldn’t drop agsin by any big amount.
The amount it did crash has already rebounded for me.
That is where I put my money now.
But I am likely the guy you’d take the least amount of investment advice from. I pay someone to make me 10% a year and he gets 1 1/2%.
I am not a risk taker, so I’m slow and steady.
I am much better at making it then investing it.
