Post by
CountryBoy69 on Sep 21, 2023 5:23pm
Mouse
So what are you suggesting , that the raise is due to incompetence on the part of Quadravest or do they know something both you and the board don't. For some reason l don't really think they would at this time shoot themselves in the foot or commit Suppuko , do you . I am suggesting right or wrong that your day trading might be a mistake. I also see my biggest board detractors have exited stage door left. Here to day with a big yap gone tomorrow like the rabbit runners they are while a fewcof us are still here. I label them as bigmouth , attention span of a flea posers. One it seems , the guy who sits next to God , left seat rather than right is still here , question does he still own. Almost 40 years ago when l was in sales l sod some stuff to a homeowner and l noticed he had some channel on his TV , not sure if BNN was there then. I asked him why as l was not in the market then, he told me he had won 25 grand in a lottery and both himself and his wife thought he should quit his job and daytrade to make a living. The couple of hours l was in his house and had a few drinks with him , it looked impressive , he made about 4 trades and was up about 400 bucks, nothing to the millionaires who proliferate on this and other sights but that was in 1984 and looked pretty impressive. Always wondered 40 years after the fact where he is now.
Comment by
mouserman on Sep 22, 2023 9:10am
I think it has more to do with the prospectus for these 2 SPLIT FUNDS in Quadravest. The preferred have a condition that provides for yearly adjustments to yield to follow closely the rising yields /rates being offered to floating preferreds on the TSX. IF the yields go down one day, so too will the rates for these preferreds. I dont see that happening in the near future.