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cibc canadian bond index
mr_chin
08-16-2012, 04:32 PM
whenever the market (s&p, dow jones, etc.) goes up, this bond goes down.
recently the market has been doing pretty good and my share fell $0.19. should i keep my money in there?
tiger_handheld
08-16-2012, 08:44 PM
equities and bonds have an inverse relationship.
sounds like someone sold you a product you know jack about..
mr_chin
08-17-2012, 03:07 PM
time to pull my money out of it... never really a stocks/market person.
tiger_handheld
08-17-2012, 04:22 PM
If I were you i'd take some profits from stocks/mutual funds and invest in bonds to get lower cost base. I bet you bought the bonds somewhere in 2008?
mr_chin
08-18-2012, 01:07 AM
If I were you i'd take some profits from stocks/mutual funds and invest in bonds to get lower cost base. I bet you bought the bonds somewhere in 2008?
i think i'm up like $40.
no i bought it 6 months ago. i don't know if i should keep my money in something i have no knowledge of.
DaFonz
08-22-2012, 04:07 PM
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