Post by
WindsorGuy on May 18, 2022 1:27pm
Insurance companies VS Banks
Insuraance companies welcome higher rates while banks fear them due to exposure to higher mortgage rates and defaults. GLTA
Comment by
WindsorGuy on May 18, 2022 1:58pm
I just added another 1000 shares. Great value stock with real profits and earnings. GLTA
Comment by
WindsorGuy on May 18, 2022 3:36pm
I luv a sale. Still buying. GLTA
Comment by
Schussing56 on May 19, 2022 8:07am
Well, your brave. TD recently said that POW is a good defensive stock but, in the current political and economic climate, it will be difficult for POW to appreciate much. Shanghai Port opening up on June 1st is a good sign but, record high inflation may keep companies like POW depressed for quite some time? I guess time will tell.
Comment by
WindsorGuy on May 19, 2022 10:22am
Buying on these dips gives you s chance to invest to buy a great company at a discount. BOC meeting June 1st. It has indicted an increase in interest rates by 50 points same as US Fed. Necessary to cool housing market. GLTA
Comment by
WindsorGuy on May 20, 2022 3:31pm
Banks have exposure to mortgage rates going higher and possible defaults were POW does not. That is wwhy i'm avoiding the banks. GLTA