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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Im considering selling my entire portfolio - its close to 2 mill, was over 3 but too much Cnd oil and covid fixed that. Thinking, hearing of a potential sharp downturn. Another 20% drop is too much to bear. I'm retired, living on $100k per year is fine. I'm 61.
Is there a safe place to park money until a vaccine arrives? And is it possible to earn close to 4% safely? IF so - how?? I do worry that this second wave will pound my stock portfolio back to where it went in March
Read Answer Asked by David on November 06, 2020
Q: Banks and Insurance Companies.
What would be the impact to the banks and Insurance stocks if they hold steady their dividends and do not increase them when they usually do. Do you feel that they could/would do this.
Read Answer Asked by Ric on November 05, 2020