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Old 08-16-2012, 05:32 PM   #1
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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?
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Old 08-16-2012, 09:44 PM   #2
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equities and bonds have an inverse relationship.
sounds like someone sold you a product you know jack about..
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Old 08-17-2012, 04:07 PM   #3
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time to pull my money out of it... never really a stocks/market person.
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Old 08-17-2012, 05:22 PM   #4
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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?
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Sometimes we tend to be in despair when the person we love leaves us, but the truth is, it's not our loss, but theirs, for they left the only person who couldn't give up on them.


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Old 08-18-2012, 02:07 AM   #5
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Quote:
Originally Posted by tiger_handheld View Post
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.
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Old 08-22-2012, 05:07 PM   #6
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