Stop trying to time the market.
You cannot. Nobody can.
Not the professionals. Not the algorithms. Not the guy on Reddit.
Dollar cost averaging removes the question entirely.
Time IN the market always beats timing the market.
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Most Canadians have a TFSA. Almost none use it correctly.
It is not a savings account. It is a tax-free investment account.
Every dollar of growth; yours. No tax. Ever.
Go check your CRA contribution room today.
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The average Canadian will earn over $1 million in their lifetime. Almost none of it will still be there when it matters most.
That's the problem Zeroed In was built to solve.
Canadian financial literacy. 12 chapters. One price. The Long Game.
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@ShaziGoalie@paulmaqz Years ago I had a stand by flight to wait for so me and a buddy grabbed a bottle of booze, climbed into the newly constructed areas and threw a party until it was time to line up for the stand by tickets.
@ColinBambury They don't. They are extremely leveraged and only a small handful are capable of profits. Most are just surviving off of deep pockets willing to feed them.
@desertsong10@SaltyGoat17 Also that it was Trump who signed the trillion dollar stimulus package to print money at the fastest rate seen on earth and the inflation of that occured years later. Just like when you buy on credit and don't really realize what you did for a few years. Imagine that.
@SaltyGoat17 Way more, inflation is a rate of change not price action. What you are looking at is a perpetual chart of up, up, up and up. Everything is more.
@TheDeenster2@GuntherEagleman You get a discount from us, you steal it from Venezuela, you sell it for a premium and complain when you fill up for half the price of the rest of us. I shed no tears for your cries and ask you to travel the world for a little while.
@TheDeenster2@GuntherEagleman You wanna know what I don't like. That Canada sells to USA at Western Canadian Select prices and then buys it back as finished gasoline and I have to pay $9 a gallon but Yankees complain about $4.68. And you think life is rough. Who is ripping who off again?
@TheDeenster2@GuntherEagleman You wanted to know why you are connected to international prices. I explained it isn't yours but an international product. So that is why you pay international rates.