Reply to mats. Girl on TSX 60, Many 'Turkeys"Safest way for neophytes, but, as we know, of those 60, about a dozen are real "turkeys," mostly resource stocks, no-longer-precious metals, uranium, potash, blah, blah. Numerically, a dozen turkeys (the kind "snewguy" likes to invest in) is serious enough to pull down the 56, 58 others. BTW, as of Summer 2015, "licenced" brokers will be obligated to disclose all fees, etc, relative to stock performance, which they've had State-side for years. I feel sorry for folks (like "snewguy" who do not have the savvy, time, energy or understanding to navigate this equities situation.
There is alos no shortage of "licenced" turkeys on BNNTV. Many are boasting, lately, of being 40, 50% in "cash" positions when al 3 major N. American indexes have enjoyed this past superb year. Gulp.