Post by
mouserman on Jun 12, 2023 11:05am
Lifecos continue to outperform the banks
Good reason for this , with higher interest rates, shocking the many debt ridden Canadians, as they fall further behind in making payments for home mortgage, car payments, credit cards, etc, etc
At record levels BEFORE the latest hike. So banks much more at risk than Lifecos, which generally do better in high interest rate envirnoments.
Today the gains from IAG and MFC outpacing the losses from SLF and GWO, so Overall a gain of a few pennies. Meanwhile 5 of the 6 CAD banks down today... only CM showing green, but only up 2 pennies.
Comment by
GeorgeSass7 on Jun 12, 2023 12:07pm
You should invest in $TIO instead, it's one of the leading fintech stocks in the market gaining momentum rapidly Tingo's use of it technology to improve the agro & health sector is another reason to invest in this stock.
Comment by
amugsgame on Jun 12, 2023 3:14pm
Think you'll find people on this board actually have some intelligence and won't be jumping on a penny stock pump and dump that's lost 80% SP recently.