posted on
Oct 06, 2008 10:05AM
Ni, Co, Cu, PGM, Au Properties in Ontario Canada
Producing Mines and "state-of-the-art" Mill
Message: Traps
"Interest rates are low in Canada and are tax deductible on investments."
Hey Traps I have noted your hint at borrowing money to invest in two posts now. I would have to say you should add that people should ONLY be investing money they are either prepared to lose or can afford to lose. That would be a responsible statement to add.
Personally after what I witnessed back in the 2000 bubble days, I would say this simple rule of thumb applies to all investments and may save many a lot of grief and anxiety in rocky markets. No one can even guess how long to expect before there is an upswing let alone a bottom.
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