Over the past six years, the TSX is off 16.45%. The DOW fared better. It's only down 4.52%. The broader US market, the S&P 500 is down 8.27% in the past sixty months. Yup, all three major North American markets are down for the past five years. And you're wondering why finance guy says you're not ready to retire.
Don't like to be a pessimist but I just don't see things improving with the conditions around the world. Maybe I should change the blog title to "The Pessimistic Canadian Investor".
To end with something on a positive note, since doing this chart I checked out the NASDAQ exchange. For the same period it's up 6.2%...so, if you're into tech (Apple) you might be celebrating.
Gotta mention. I sold my Apple shares last week at $610.00. Nice gain from the $535.00 purchase price. They're down to $574.00 today.
Don't like to be a pessimist but I just don't see things improving with the conditions around the world. Maybe I should change the blog title to "The Pessimistic Canadian Investor".
To end with something on a positive note, since doing this chart I checked out the NASDAQ exchange. For the same period it's up 6.2%...so, if you're into tech (Apple) you might be celebrating.
Gotta mention. I sold my Apple shares last week at $610.00. Nice gain from the $535.00 purchase price. They're down to $574.00 today.
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