Post by
SadieLadyCO on Jul 25, 2024 4:33pm
Even at $49
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.
Comment by
rixpix on Jul 26, 2024 7:24am
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!
Comment by
Quintessential1 on Jul 26, 2024 9:05am
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
Comment by
rixpix on Jul 26, 2024 9:52am
No one ever compared BB to BCE. Your post is totally irrelevant to what we've said. SMH!
Comment by
Quintessential1 on Jul 26, 2024 12:44pm
This post has been removed in accordance with Community Policy
Comment by
JayBanks on Jul 26, 2024 9:07am
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...