Q Mr. Harper, on October 7th, you said:
“I think there are probably some great buying opportunities emerging on the stock market.”If I had taken your advice and invested $10,000 in a TSX index fund that day, how much money would I have today?
A Your investment would be worth $9015, a loss of $985 in a mere four days.
Q If you were Prime Minister now, which you are, and knew four days ago what you today as Prime Minister know now presently, what would you , as Prime Minister today, have said four days ago, to people today wondering about what you said four days ago?
A Vote Conservative February 14th?
Of course, this was all entirely hypothetical. With people worrying about their jobs, their pensions, and having lost thousands on the markets, not many people have $10,000 lying around to follow Stephen “I’m an economist” Harper’s sound financial advice. And if you do, you're probably already voting Conservative.
Thing is, there actually are lots of buying opportunities. IF YOU HAVE MONEY.
It’s times like this that I’ve got my portfolio entirely in comic books and hockey cards. Recommend this Post on Progressive Bloggers