Bank of Nova Scotia T.BNS

Alternate Symbol(s): BNS

Financial Services

The Bank of Nova Scotia (the Bank) is a Canadian chartered bank. The Bank's segments include Canadian Banking, International Banking, Global Wealth Management, Global Banking and Markets, and Other. The Canadian Banking segment provides a full suite of financial advice and banking solutions. The International Banking segment is a diverse franchise offering financial advice and solutions to retail, corporate and commercial clients. The Global Wealth Management segment is focused on delivering comprehensive wealth management advice and solutions to clients across the Bank's footprint. The Global Wealth Management segment serves investment fund and advisory clients across 13 countries. The Global Banking and Markets segment provides corporate clients with lending and transaction services, investment banking advice and access to capital markets. The Other segment includes Group Treasury, smaller operating segments and corporate items which are not allocated to a business line.

TSX:BNS - Post by User

Bank of Nova Scotia > Can anyone say $50s soon?

<< Previous

Bullboard Posts

Next >>

Comment by NonCredibleSrcon Sep 29, 2023 9:49am

208 Views

Post# 35661386

RE:Can anyone say $50s soon?

Perspective matters here!

I'll see your $50's - and I am OK with that. What that does is allow me to purchase more.

Banks are currently priced low looking 12-18 months into the future with current econmic factors in place. Now is the time to look past those factors and plan/buy for 13-19 months down the road.

For many, we could be entering a cycle whereby generational wealth can be achieved if they can weather the short term downside.