圆明园

Post by hello all
yes, in past few months, it dropped but not plunge. mine 7% decrease

this number is very close to mine.
last 3 months
1. BMO Divident high:47, current :44.5, low: 43
2. BMO Equity Index high: 37, current:34.5, low:32
3. BMO Equity, high:33, current:31, low:29

圆明园

Post by mimi
What kind of income do you think Mr. Warren Buffet get? ...

Buffet is different, he owns 38% of Berkshire Hathaway, basically, you can say that he is playing with his own money.

圆明园

Post by tracy
And you have to pay them commission fee, service fee, GST/QST.....(based on your assets, not on your profit).

All the mutual funds charge you service fee and commission fee every year based on how much money in your account. Let's say the total fees are 3%, your initial investment is 10,000, after one year, you have 9,000, they charge you 9,000*3%=270, plus GST/QST. If you are lucky, after one year , you have 11,000, they charge you 330, plus GST/QST.

So no matter you earn or lose money, they have income from you, just the amount of more or less.

i am not very sure what do you mean "commission fee", "service fee", in my case i don't need to pay any fees up front.  (no-load), there are plenty no-load funds out there. it doesn't mean it is free,  there are costs involved , for sure.  the expenses varies greatly, from .5% to 1.8%, (for me), actively managed funds cost more, because it needs more attention.  i have never heard of anything like 3%.

圆明园

Post by Richard
Do you pay service fee for your banking account? Do you pay income tax? Do you pay GST/QST for your air conditioner? welome to Canada!!!

By the way, you are not paying for nothing, you paid for civilization which you may not enjoy in other countries.

hello, i think you went a little too far.

圆明园

能不能说说你对南美洲的看法?