The Money Mustache Community
Learning, Sharing, and Teaching => Ask a Mustachian => Topic started by: Silverwood on September 24, 2015, 06:44:22 PM
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So I don't know how to Google this simple question.
Basically I decided to go high risk on one of my rrsp accounts. Except even tho I'm putting money into it every 2 weeks it's now gone down. Lol I'm in it for the long run so I expected this.
I'm still buying units or stock but it's just not worth as much right now?
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Equities went on sale a few weeks ago, something like an 8 or 9% discount from before. Stock up. They could be even cheaper next week, so be ready to buy more.
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So I don't know how to Google this simple question.
Basically I decided to go high risk on one of my rrsp accounts. Except even tho I'm putting money into it every 2 weeks it's now gone down. Lol I'm in it for the long run so I expected this.
I'm still buying units or stock but it's just not worth as much right now?
Bread was $2.59 and now it's only $2.19, but you still have $15 a week in the budget for bread. You get more bread. Um. And the bread multiplies over time, giving you more little breads.
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Just keep buying and buying. Since stocks are cheaper, you will be able to buy more for the same price.
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Mine too.
I bought some VAB in early August.
I'm due to get some more in October.
Kind of frustrating to see it has gone down. But x years from now I am quite confident it will have gone up.
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Ok thanks everyone
I knew it was a fairly simple question but I just wasn't getting it. Now I do