RE: RE: Buying when others are selling Risky yes, but I feel strongly that we are in a long term bull market. Volatility is my enemy, so I have secured a line of credit with TD to use and repay when things go wrong. Not all of my portfolio in this margin account fits this criteria, I own lower yielding (hopefully) growth stocks as well like AVF.
I feel that the buying opportunity today is much the same as it was in 2009. Very cheap but strong Canadian companies that will recover one day to their pre-2008 highs. My regular trading account contains the gold/oil exploration stocks just for the fun of it.
Higher interest rates are coming and I plan to paid down the margin long before this day comes. Maybe with my Kinross or Nevsun who finally are waking up. After all if I am wrong and these 'blue chip' stocks tank then the whole country would have gone down the drain. JMHO