Parsley we need min a 20 percent down to buy a house.
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My dad bought half million dollars worth of various Canadian banks when they were down in that 08 year, most would not cut their dividends. Now he is earning 10 percent on that invested money probably for a long time to come. He is talking of another dip because of his advise. So maybe happen maybe not.
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Actually you only need 5% down and take it out 35
years,and cmhc backstops so the banks arnt afraid to
lend,this has made a bubble.
On the plus side the banks wont lose much but tax
payers get stuck with the bill.
One other bad thing global derivatives.
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Hey Hopper,
Do you think there is some upside still in RIM...I checked the stock out after you mentioned it the other day.
I like their position...still growing in a growth market....new products...strong with corp accounts.
Yes they have competition but it seems like it is them and Apple...not sure Google will be able to scale enough to catch them.
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Investors are definately giving rim a hard time. I chuckle when you see the advisors commenting I don't know why we don't own it. They have so much money they could be buying back their own shares right now if they wanted.
Appl is trading at 21 times earnings because of forward thinking. Rim has not much forward thinking in their share price for a 40 percent per year gain they should have. Starting down this morning makes no sense. BMO also off a few pennies. The both should not be down.
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asm,uxg,czn(long bomb)-dumped remx and sgg
recently,considering pvg a spin off of ssri BUT the
builder of ssri,quartermain,is running the show at pvg
so now that im thinking about this again in my head i
m definitely IN.
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Tracked yri and uuu a while back,took a quick look at
their charts and they seem still good to me.
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