Is there an ETF of a bread basket of Canadian stocks??

[Nine_Ender]

The way our Government is giving away money I don't see much hope for the Canadian Peso in the near future.

Not sure we are any more stable; smaller for sure but pretty well have the same problems.

That said I'm happy and proud to be Canadian. Wouldn't live anywhere else, except in the winter

My opinion Cdn$/US$ bottomed out again at 70 cent area and will go back to 80-82 cents. We are at 74.5 now. Risk/reward remains better to be long Cdn$/US$ then not, but it's fairly neutral short term. We are definitely more stable then the US. There are cultural reasons for that, but that isn't necessarily good for investing.

 

[deaddog]

"Canada does not have a prison industry
Tell that to the guys who are locked up."


In Canada there are 40k Prisoners
In the US there are 2,2M prisoners
Population of US about 10X Canada
Imprison rate in US, therefore 5X Canada.

You could spin that as we are more law abiding or more inept at catching criminals or Canadian judges are more lenient, we put a lot of criminals back on the street.

Then there is the possibility that Canadian criminals are much smarter than those in the US.

It's all in how the media spins it.

 

[deaddog]

My opinion Cdn$/US$ bottomed out again at 70 cent area and will go back to 80-82 cents. We are at 74.5 now. Risk/reward remains better to be long Cdn$/US$ then not, but it's fairly neutral short term. We are definitely more stable then the US. There are cultural reasons for that, but that isn't necessarily good for investing.

Bank robbers rob banks because that is where the money is. I trade in the US market because that is where the action is.

 

[Nine_Ender]

Bank robbers rob banks because that is where the money is. I trade in the US market because that is where the action is.

Until the action stops. I trade in both US and Canada. There have been HUGE opportunities in Cdn energy and mining since March. There were huge opportunities in Canadian banks in March. Most of the miners I invested are up at least 100% since I bought them this year. Basically I got super interested in Canadian stocks in March when prices went to February 2010 levels. Many different ways to make money but one of the few areas that has outperformed US IT since March is Canadian mining stocks.

 

[deaddog]

Until the action stops. I trade in both US and Canada. There have been HUGE opportunities in Cdn energy and mining since March. There were huge opportunities in Canadian banks in March. Most of the miners I invested are up at least 100% since I bought them this year. Basically I got super interested in Canadian stocks in March when prices went to February 2010 levels. Many different ways to make money but one of the few areas that has outperformed US IT since March is Canadian mining stocks.

Very true. One of the opportunities I missed.

 

[Sig]

Tell that to the guys who are locked up.

Even most Americans aren't aware that a large number of the United States' prisons are run by private, for profit companies. Some of us believe that provides a perverse incentive against criminal justice reform and it's without question that it creates a lobby against anything that would reduce the number of people incarcerated. I don't believe Canada has such a system, but could be wrong?

 

[zdreg]

Even most Americans aren't aware that a large number of the United States' prisons are run by private, for profit companies. Some of us believe that provides a perverse incentive against criminal justice reform and it's without question that it creates a lobby against anything that would reduce the number of people incarcerated. I don't believe Canada has such a system, but could be wrong?

The lobby against reducing incarcerated prisons comes nearly entirely from guards, their unions, at government run jails and prisons on the national and local levels. It is the usual propaganda by Sig.
"Private prisons in the United States incarcerated 121,718 people in 2017, representing 8.2% of the total state and federal prison population."