Getting into a savings account in Canadian dollars about six months ago, and you would be doing just as well as investing in the dow or s&p 500 right now.
There are many more “safer” investments that have outperformed the dow, but you never hear about it. I wonder if these people are getting it wrong?
As the dow makes nominal gains that impress everyone, the same dollars they are spending are loosing purchasing power just as fast. Not exactly an economy worth bragging about.
