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ETFs busted I told you so
March 24, 2020
9:53 pm
Bud
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Banned
Forum Posts: 1375
Member Since:
February 20, 2018
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Suprise suprise eh guys.. Etfs mutual funds in sheep's clothing. How do you guys think they're gonna wrap them up this decade.. All the financial experts and Phds recommended them.

https://www.google.com/amp/s/w.....his-crisis

https://www.google.com/amp/s/b.....-rages/amp

March 25, 2020
12:18 pm
AltaRed
BC Interior
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Members
Forum Posts: 3650
Member Since:
October 27, 2013
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Terrible sensationalism for a headline. The issue is bond ETFs containing corporate bonds and more specifically those that are wholly corporate bonds. This is a problem 7 years in the making exacerbated by investors chasing yield. A needed reckoning and clean out unfortunately for those who let their guard down.

March 25, 2020
6:42 pm
Save2Retire@55
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Forum Posts: 857
Member Since:
January 3, 2013
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It is a good buying opportunity which I am taking advantage of. Nobody knows where the bottom is but buying twice a week (Couple hundreds every purchase) always worked for me. And I always sell around when I see enough profit (5-7%). Then wait and repeat 🙂

History is the best lesson. It always repeats itself. Things jumped 20% in one year and we were all waiting for a crash.

March 25, 2020
7:07 pm
AltaRed
BC Interior
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Forum Posts: 3650
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October 27, 2013
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I am 'buy and hold' so I don't (try not to) buy shite in the first place.

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