When I arrived in Canada in 1970, one of the first investment maxims I
was taught by the old pros was, "Put your money in the bank stocks, not
the banks."
The point was I would see far better returns holding bank shares than I would earning interest in a savings account.
As this bull market rages on with the S&P 500 about 215% higher than
its early 2009 low, I want to update the maxim. While this bull market
continues, I say, buy the brokerage stocks. (more)
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