 |
| Canadian Banks | Forums | Terms of Use |
|
|
Welcome to the Canadian Financial Forums forums. You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today! If you have any problems with the registration process or your account login, please contact contact us. |
|
|||||||
|
|
Thread Tools | Display Modes |
|
#2
12-01-2009, 02:55 PM
|
|||
|
|||
You need to do a lot more research for stocks. Sure, banks have recovered but you have to look back months or years to notice the drop when it happens. Banks might still go higher, you need to look into their price history, read their financial statements each quarter (most coming out in early Devcember) to see if they're still doing ok. I think they are. And, bank stocks are fantastic for dividends even if the price is stable.
I would start with GICs, particularly market-linked GICs, then move into mutual funds or ETFs. You should leave individual stocks for later when you have some experience under your belt. Individual stocks carry the most risk because they're so specific, start with more general or diversified investments. 
|
|
|
Threaded Mode