GREY:EORBF - Post by User
Comment by
Protonman-on Jan 17, 2013 12:56pm
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Post# 20851757
RE: RE: RE: RE: RE: Time to buy more
RE: RE: RE: RE: RE: Time to buy more I remember, many moons ago, the flurry of Canadian bank ads extolling the virtues of investing in RRSP 's.
The graphs showing the growth of your RRSP investments over time were particularly impressive, as dividends and accrued interest served to compound the growth. You have to remember that, back in the 80's, interest rates were north of 8%. Today, the greatest risk is that inflation will erode your purchasing power, when the time comes for your retirement.
Therefore, it is incumbent upon us to find assets that have measured risk and can provide at least moderate rewards. Orbite fits this profile, with a once-in-a-lifetime opportunity to provide substantial reward to boot.