RE:RE:RE:RE:Even at $49Yeah but the OP was comparing the entrance price and current yield to a GIC and you conveniently moved the bar back to a year ago entrance price which is completely irrelevant to the stock and entrance price now.
And what does a year ago even have to do with new entrance investors?
The truth is BCE is going up and GIC rates are going down....right now.
You think people a year ago didn't average down or sell out and buy back or even just have had lower ACBs and collected enough handsome divies over the decades to ride out the drop?
That's your reasoning for still holding BB right?
But BB is down 46% from last year...wouldn't a GIC have been better?
Is that what you did sold BB and bought GICs?
Shake your head all you want. I don't care.
This board doesn't exist in a vacuum.
GLTA
rixpix wrote: Quintessential1 wrote: Yeah and if you had of invested $10000 in BB 12 months ago it would be worth $5600.
At least BCE pays a dividend.
GLTA
rixpix wrote: 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.
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!
No one ever compared BB to BCE.
Your post is totally irrelevant to what we've said. SMH!