KE
ketchim
Legend
Joined Apr 2008
Posts 89,928
Nine of the Index 10 main groups were in negative territory :
with five decliners for every two advancers.
VI
villagebelle
Test Regular
Joined Sep 2011
Posts 4,632
Just spoke to my broker earlier today about my maturing GIC and he advised to go the mutual funds route
because historically the market has always bounced back - just look what happened in 2008 (I am no where close to losing as much as I did then)
also, every within every 5-yr period I have always been on the gain side
KE
ketchim
Legend
Joined Apr 2008
Posts 89,928
Canada's main stock index rose on Friday as crude oil prices rallied
and after U.S. retail sales data provided encouragement
It included a 3.6 percent gain for energy stocks
while financial sector stocks rose 1.5 percent.
KE
ketchim
Legend
Joined Apr 2008
Posts 89,928
[quote author=VillageBelle link=topic=102637.msg678170#msg678170 date=1455221876]
Just spoke to my broker earlier today about my maturing GIC and he advised to go the mutual funds route
[/quote]
Fire Him !
chairman
Head Moderator
Joined Jul 2008
Posts 60,439
which mutual funds want to go to.
he gets paid no matter what.
KE
ketchim
Legend
Joined Apr 2008
Posts 89,928
Still, the index is on track to lose 3.7 percent for the week, having hit a three-week low on Thursday
as disappointing corporate earnings added to broad investor unease about the global economy.
KE
ketchim
Legend
Joined Apr 2008
Posts 89,928
Canada’s main stock index opened higher on Tuesday as oil prices rose
after four of the world’s largest producers agreed to freeze output.
KE
ketchim
Legend
Joined Apr 2008
Posts 89,928
Slumping oil prices, fears of a China-led slowdown in the global economy
uncertainty over the central banks’ monetary policies and unflattering U.S. corporate reports
have roiled the markets this year.
KE
ketchim
Legend
Joined Apr 2008
Posts 89,928
The Dow Jones industrial average was up 140.46 points
The S&P 500 was up 15.98 points
The Nasdaq Composite was up 63.86 points