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Bullboard - Stock Discussion Forum Financial 15 Split Corp T.FTN

Alternate Symbol(s):  T.FTN.PR.A | FNNCF

Financial 15 Split Corp. is a mutual fund, which invests in a portfolio consisting of over 15 financial services companies. The Company offers two types of shares, such as Preferred Shares and Class A Shares. Its investment objectives with respect to Preferred Shares are to provide holders of Preferred Shares with cumulative preferential monthly cash dividends in an amount of over 6.75... see more

TSX:FTN - Post Discussion

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Post by Toppicks1 on Nov 01, 2024 11:10pm

LOL

People who missed buying in low are always wanting or predicting big crash events. Elliot wave predictions are always really clear about 5 to 10 years after. When they can use their crayons to draw better thesis. With 85% of all S&P companies reporting record earnings it's hard to imagine a 10% correction. Will take some catistrofic event to get a 20% one in my opinion.
Comment by flamingogold on Nov 02, 2024 7:45am
At current levels and economic fundamentals, a 10% correction is not only possible, but healthy. It clears the deck to go higher. This is something I would welcome. 20% is less likely and needs quite a bit of fear for us to roll over that much. There are several potential catalysts... escalation of war, US post election uncertaintly or unrest, inflation rising again requiring central banks to ...more  
Comment by mouserman on Nov 02, 2024 2:13pm
A few noted analysts are saying 2025 is going to be down most of the year, a death of a thousand cuts... No big drop off, just a steady downward trend. And history also agrees with the year after the election drops. I may go to some 2 x  bear ETFS,and precious metals, much the same as I did when the pandemci frightened folks into selling everything. I waited for the banks to bottom and got ...more  
Comment by NoShoesNoShirt on Nov 02, 2024 3:35pm
2 years of going straight up, setting lots of records, so it's easy to see something coming. We didn't even get the usual seasonal drop between August and October.