It's a matter of timing! I previously purchased BNS (600) and BMO (600) back in March/April of 2020. The price then and when I sold and the percentage gain in share price is as follows:
* BMO bought @ $69.56 ... sold at $147.50 in March/22 ... for a gain of 112%
* BNS bought @ $52.84 ... sold at $93.00 in March/22 ... for a gain of 76%
And, of course there was the great dividend yield from both during the two year period. Btw, both stocks did manage to climb a little higher after I sold but I can't complain.
Yesterday, I decided to take a position in BNS again (1000) at $74.95. Maybe I should have waited to see if it would drop another $ but I'm holding for 1-2 years so no big deal. I feel very confident that I'll be able to unload at around $95 somewhere in that time frame... I'll take the dividend while I wait.
It's my humble opinion that the banks will continue to show both share appreciation and regular dividend increases as they move forward.
So, while there appears to be a number of you who are not fans of BNS, my take is that BNS... in my case anyway... is an awesome investment.
I guess it's a matter of timing!