And the 6% divy yield doesn't add in there anywhere?

Your spelling is better than your math...always was.

Selling here to buy a 4% GIC bad....buying here for an over  6.5% yield good.  

Go Enbridge! ;-)


FiddyFiddyOddzz wrote: Basic math Son - if yer stock lost 5 %, but yer GIC, she be gaining four percent, your stock price needs to gain NINE percent in a year from today's level to catch up with the GIC.  
Geez b'y, does I have to spell this out to ya ?

Quin wrote:" Your GIC isn't going up year after year."