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About the Author: Richard Money

34 Comments

  1. 📈📚 Join The Investing Academy ➤ https://bit.ly/theinvestingacademy

    It’s no secret that the stock market can be volatile, but staying informed can help you manage your investments effectively. In this video, we’ll explain the importance of taking a snapshot of the stock market and show you the key indices and metrics to track.

  2. Thanks for the info. I am paying off my house, maxing out those yearly prepayments. If i enough time before i retire i will do some investing like this.

    1. Oh man… I can’t believe we forgot to mention that in the video. Thanks for the reminder. 🙂- Marc

    1. The CEO sold his 3.6 million shares in the days leading up to the collapse, and the morning of the collapse all the executives got their bonuses, so you can be rest assured that everything is on the up & up.

  3. Exactly Marc, you do not have to do anything “today!” Take a breath!👍💯 in considering to buy the dip. It takes discipline but buying a little bit, nibble at it and not jump all in. 10,15 or 20% of your total buy amount is something to consider, then Wait…..to see what happens a few days later or so. Its call a partial buy. I have a buy target, which preferably would be below the existing ACB….so waiting, take a breath folks. Thanks for this broad look at important points related to investing. 🙏 ☺ 🇨🇦

    1. It’s usually a good idea to take a step back and take a breath in times like these. I’m sure this will work itself out. 👍🙂 – Marc

    2. @Brandon Beavis Investing Marc, as you pointed out on the graph, where all the crisis’s had happened in the past, it always worked itself out, eventually….and in the meantime, enjoy those dividends coming in while you wait….and if ones portfolio is diversified, even if some dividends are suspended, the other diversified investments will most likely still supply the dividend. Keep up the interesting work you are doing and thank you for all the guidance you bring to our Canadian audience💯 ☺🇨🇦

  4. 2 US bank fails is kinda clouding the scene….good time to buy Canadian banks? like in 2008 when it was the US banks that were blowing up and Canadian banks were fine, due to not really participating in the whole mortgage pyramid scheme thing. But the Canadian banks dropped like a stone as well for no good reason. If you filmed this on Saturday the news was 1 day old

    1. Hey Robert. It will be interesting to see how this all shakes out. Pretty confident it will be ok, but might be an interesting short while ahead of us. – Marc

  5. Had an ad pop up in the middle of the in-video blossom ad. More hints of an upcoming recession from our hosts? Need to make that stinky cheddar I guess right? 🧀

  6. thanks for the great video guys. love to see you both still on the same channel. glad we all voted for it!! your knowledge combined is free internet gold!

  7. A video I would be interested in seeing is what sorts of investments you think would be best suited for the upcoming FHSA. Considering the time horizon of the account isn’t really long, so something really growth oriented might not be the best, but it’s also not really short either so just putting it into something like a GIC may not be optimal either. I’ll be opening one when it becomes available and I am still going back and forth in my mind what I will be putting the money into.

  8. This video is an excellent summary, very informative! Would love to see this as a regular series in your videos too please! Thank you for all the educational financial content you both provide!

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