Like, what does all this market shift mean for the average canadian other than hearing the mass hysteria machine being fueled by the media?
Much like when times are good on the stock markets, the average investor is screwed no matter what they do. The large institutional investors can buy and sell and make huge swings in the markets and the average joe can only hold on for the ride.
Was just a question. What you and Fido do in the privacy of your bedrooms is your own business.
Pierre Trudeau has spoken .
I've found this for you...
I created a costume many years ago (the Mac Tonight guy from McDonald's fame) I created the head which was a half moon shape about 3 1/2 feet long out of papermache (sp). I cut holes and inserted white screen for the eyes and created the foundation of the outfit from coat hangers and wire. After the papermache dried, I removed the wire to lessen the weight, with the exception of a head piece to keep it in place. I purchased a huge pair of sunglasses (like elephant size) and glued them into place.
Hmmm could be an interesting idea to start investing
(all I got is my government pension fund)
What type of returns could be expected?
If you are goign to do it, I would recommend you do it with money in your RRSP and money you treat as a long term investment (not look at ups and downs). I would recommend you hold your RRSP investments until, well, you retire.
Returns are tricky. Historically, S&P 500 returns are around 9% per year (keep in mind some years are up, others down...this is the average return over some 75 years). Even if some years are up and others down, if you take a slice of 10 years.....no 10 year down down period since the 1930s.
The past strongly recommends that at your age, you hold stocks (higher returns, lower risk since you have decades). The past doesn't garantee the future though.
The thing to remember is that any type of investment has risk. Even guaranteed certificates of deposit (which have no or little capital loss risk, but significant interest rate risk...in that you can be locked into low returns....which is significant given inflation...if you are making 3% per year and inflation is at 4%...you are losing 1% per year...guaranteed).
Investing is a question of managing risk, not avoiding it (which is not possible).