On Friday, the S&P 500 was about unchanged and Toronto was up 0.1%
I am working now on an update for Fedex. It’s a great company but is probably not much of a bargain. But I have not crunched the numbers yet.
Owning equities is always risky or at least exposes us to volatility. But the only way to benefit from the good days (and years) is to be in the market. That comes at the cost of losses on the bad days. But over time the good days (and years) have historically more than made up for the bad days (and years).
It’s up to each of us to determine how much volatility we can accept emotionally and can afford financially. It’s never a good idea to invest the money you really need for groceries or the rent. Most of us can afford financially to take some risks. And most of us can either emotionally handle losing days (and years) or we can learn to handle it emotionally through experience and and education. Then there is the old saying; If you can’t handle the heat, stay out of the kitchen.