RE: RE: 6 months of dividends - gone in one dayGood point, marpincan....anyone who bases their investment decisions on events in Greece should reconsider investing on their own. This idiocy in Greece is just another media-fueled non event that shouldn't surprise anyone. Greece has suffered from bad government after bad government for decades and naturally, it took a global recession to expose it for what it is. Financial heavyweights like Spain and Italy are not even in the same league...and Portugal and Ireland, while a bit smaller, are in very different positions as well. What is true is that all of the above nations have to start controlling their spending before it becomes a problem, but the impact that this has had on the markets in general is laughable. There is nothing to see here...no recession part 2, no drama, no surprise. Take this as yet another buying opportunity, although I do see better value plays outside of our financials as our bank stocks really haven't taken much of a hit yet.
And if you're whining because of SIX WHOLE MONTHS OF LOST DIVIDENDS...suck it up. Stocks go up, stocks go down. Since TD's yield is a shade over 3% right now, the fact that the stock moved a whole 1.5% in one day isn't actually an earth shattering event. Get out of the market, you obviously don't have the tolerance or the knowledge to be invested in equities. Find a nice safe GIC to park your money and then you won't have to whine anymore.