@CityofEdmonton 7% is too much. Read the room. Not everyone is receiving raises on par or even remotely on par with inflation. There are families struggling out there who make much less and that $50 per month increase can be drastic for people living paychek to Pc.
Investment risks are higher for an APP than the CPP (sensitivity to changes in real returns is ~20% higher for an APP). There's over a one-third chance that an APP contribution rate couldn't be lower than the current CPP.
@InvestmentTalkk@JordanKwan2015 I donβt know whether I should be sad we pay so much in commissions or happy they promote healthy investing by just promoting zero commission etf purchases. Every trade but etf purchase is $5 or $10 depending on the company. (Except wealthsimple)
@Invesquotes βWith cash on handβ is key. People with interest in the stocks currently in discount have already bought the dip they thought was THE dip or just bag holding. Full disclosure: I have done both π
@HeroDividend Of late, I have come to the same realization. Not bc of losses in recent sell-off but bc I have realized how competitive its out there and its nearly impossible to guarantee that your pick wont have its lunch stolen by another in the near or long term. β€οΈ$VUG
@maybebullish hi, a genuine question from an investor. How often and why do you change allocations in $METV ?
Leaves me wondering why thesis changes so often for certain companies.