Bullboard - Stock Discussion Forum Royal Bank of Canada T.RY

Alternate Symbol(s): RBMCF | RBCPF | RY | T.RY.PR.J | T.RY.PR.M | T.RY.PR.N | T.RY.PR.O | RYLBF | T.RY.PR.S

Royal Bank of Canada is a global financial institution. Its business includes Personal & Commercial Banking, Wealth Management, Investor Services, Capital Markets and Insurance. The Personal & Commercial Banking comprises its personal banking operations and certain retail investment businesses in Canada, the Caribbean and United States, as well as its commercial and corporate banking operations... see more

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TSX:RY - Post Discussion

Royal Bank of Canada > Paul Harris - BNN - HOLD

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Post by Possibleidiot01 on Aug 09, 2024 1:42pm

Paul Harris - BNN - HOLD

HOLD

Expensive relative to peers and yields less.

HSBC acquisition seemed to go really well. More of a global bank from an investment management point of view, less from domestic retail. Stick with it. You can own more than 1 Canadian bank; at certain times you may just want to own less or more of one or the other.

banks

$150.060

Owned

195

Comment

Comment by Dibah420 on Aug 10, 2024 11:35am

Yes, it is expensive! Yes, it yields less. But when it comes to performance year after year, there is no comparison. I believe there was one year RY was not at the top, and it was so long ago that I can't remember which. I've held all the majors for eons, all with drips. Except one which I sold recently. Can't complain. Brings to mind an old ...more

150

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