First Tidal Acquisition Corp T.AAA

RE: This is to good

[dmaclachlan86]

Hey I'm not a fund manager and I'm not going to argue with any of you about Mutual Funds.  There's a reason why I don't own any and that reason is because if you know what you are doing, do your own buying and selling.  What I can say is that RBC has funds that have had an average rate of return of about 10% annually and others that have not had a negative year in the past 10 years.  Mutual funds aren't for those looking for extreme capital growth but rather for those who know nothing about the stock market and are looking for equity exposure.  What do you recommend, keeping your RSP in cash?  It's all risk reward.  Some mutual funds are low-risk and the rate of return is almost guaranteed while others are high risk and can experience extreme fluctuations.  The bottom line is that equities have outperformed any other asset class over the past 50 years.  Although the markets can be volatile, if you're looking at an RSP for example where you have a longer time horizon, you can weather the dips or even better buy more through a monthly contribution plan, which allows you to take advantage of the dips and when the day for retirement comes you will be up on everything.  If you don't believe me, go look at the performance of equities over the past 50 years and compare them to any other asset class.  Mutual funds give you the equity exposure you need to keep up with inflation and provide capital growth.  P.S.  I do not like mutual funds.  All I own are penny stocks.  AAA, UCU, NCG, CAN, MMT are my top picks.  Risk... I LOVE IT!