GREY:XEBEQ - Post by User
Comment by
tony08on Jun 12, 2022 9:23am
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Post# 34749929
RE:Final thoughts
RE:Final thoughts filoux004 wrote: Final thoughts, after the 2008 crash it took 5 years to recapture markets ATH. On a brighter note, it took 2 years after the 1987 crash to recapture the ATH. Who knows, split the apple in the middle 3.5 years. What I do know is that mutual fund redemptions are in full swing and Cathy Wood will be remembered as just another shooting star. Peace Long XBC.
You can always make the numbers say what you want.
I remember very well the 2008 crash (caused by financial institutions in the U.S.).
Already in the spring of 2009 there was a multitude of good solid canadian companies that were at bargain prices.
Already in the fall of 2009, Canadian banks had all recovered their losses from a year ago.
Spring 2009 was the beginning of a series of more than ten years where (without being an expert fund manager) I personally made very solid profits on the stock market.