RE:Even at $49
SadieLadyCO 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.
They dropped 30-35+% and your only calling where "they should be, 15-20% higher"?
I think your coming in a bit too light, easier target to hit, but little low I believe for higher populations and lower fat in the capital structures...