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-   -   cibc canadian bond index (https://www.revscene.net/forums/672436-cibc-canadian-bond-index.html)

mr_chin 08-16-2012 04:32 PM
cibc canadian bond index
 
whenever the market (s&p, dow jones, etc.) goes up, this bond goes down.

recently the market has been doing pretty good and my share fell $0.19. should i keep my money in there?

tiger_handheld 08-16-2012 08:44 PM
equities and bonds have an inverse relationship.
sounds like someone sold you a product you know jack about..

mr_chin 08-17-2012 03:07 PM
time to pull my money out of it... never really a stocks/market person.

tiger_handheld 08-17-2012 04:22 PM
If I were you i'd take some profits from stocks/mutual funds and invest in bonds to get lower cost base. I bet you bought the bonds somewhere in 2008?

mr_chin 08-18-2012 01:07 AM
Quote:
Originally Posted by tiger_handheld (Post 8006209)
If I were you i'd take some profits from stocks/mutual funds and invest in bonds to get lower cost base. I bet you bought the bonds somewhere in 2008?
i think i'm up like $40.

no i bought it 6 months ago. i don't know if i should keep my money in something i have no knowledge of.

DaFonz 08-22-2012 04:07 PM
Canadian Couch Potato

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