Against my Better Judgement….. I sold 1600 VET shares this morning. I did get $29.70 for them, so at least I feel like I did well, compared to where they have been he last two months.
Why? This weekend I visited Scotiabank. I have my mortgage through them. Even though the equity in my home is likely somewhere around $1.3M, and I have no debt, the effing bank wouldn't give me a line of credit without 1. Fully refinancing and 2. doing a full forensic audit on me.
context: I am finishing off a large renovation and needed another $50k to put it to bed.
And don't worry, I still have a load of VET left....but I am extremely frustrated with our BS banks.