RE:Even at $49SadieLadyCO wrote: You will get 8.10%...Where are you going to make 8% in a GIC. or Bond...Interest rates are coming down and will stay around 2.5% to 3% for a long time.
And sooner or later the telecom will be back where they should be...ALL of them about 15 to 20% higher.
How can you compare BCE to a GIC?
BCE shares have lost 25% of their value in the last 12 months.
If you had invested $10,000 in a GIC 12 months ago it would not be worth $7,500 today. SMH!