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08-16-2012, 04:32 PM
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#1
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I contribute to threads in the offtopic forum
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cibc canadian bond index
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?
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08-16-2012, 08:44 PM
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#2
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MiX iT Up!
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equities and bonds have an inverse relationship.
sounds like someone sold you a product you know jack about..
__________________
Sometimes we tend to be in despair when the person we love leaves us, but the truth is, it's not our loss, but theirs, for they left the only person who couldn't give up on them.
Make the effort and take the risk..
"Do what you feel in your heart to be right- for you'll be criticized anyway. You'll be damned if you do, and damned if you don't." - Eleanor Roosevelt
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08-17-2012, 03:07 PM
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#3
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I contribute to threads in the offtopic forum
Join Date: Dec 2003
Location: Vancouver
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time to pull my money out of it... never really a stocks/market person.
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08-17-2012, 04:22 PM
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#4
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MiX iT Up!
Join Date: May 2006
Location: vancouver
Posts: 8,154
Thanked 2,076 Times in 871 Posts
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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?
__________________
Sometimes we tend to be in despair when the person we love leaves us, but the truth is, it's not our loss, but theirs, for they left the only person who couldn't give up on them.
Make the effort and take the risk..
"Do what you feel in your heart to be right- for you'll be criticized anyway. You'll be damned if you do, and damned if you don't." - Eleanor Roosevelt
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08-18-2012, 01:07 AM
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#5
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I contribute to threads in the offtopic forum
Join Date: Dec 2003
Location: Vancouver
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Quote:
Originally Posted by tiger_handheld
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?
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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.
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08-22-2012, 04:07 PM
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#6
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RS has made me the bitter person i am today!
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