TSX:SRV.UN - Post by User
Comment by
flamingogoldon Mar 18, 2024 1:03pm
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Post# 35938606
RE:RE:RE:RE:RE:Sofa
RE:RE:RE:RE:RE:SofaKeep in mind also there is a huge pile of money sitting on the sidelines in safe GICs and money markets. Whether rates start dropping this summer or Fall, as they do a lot of that "safe" money is going to start looking for juicier returns and will have to flow back into equities agan driving up share prices even more.
maplak wrote: Last year my entire portfolio was down as much as 20 % at one point. This year I have recovered all of it and as of now I am up about -9 % to + 20 % over four accounts in mean time collecting dividends. So far so good can't complain. In my opinion interest rates won't go down any time soon. Inflation is still high plus stubborn crude oil prices also not going down helping to fuel inflation. Good thing is that when interest rate finally drops dividend stocks will benefit. My prediction in late fall. I also think regardless some analysts complaining about overpriced market it will continue to go up. Remember there is only one pile of money and since real estate and land investments are dead the most of the money will flow into equities. My guess.