On a bad day RBC seems to take double or triple the losses when compared to the other big banks. I bought this "safe" stock in May of 2015 at $80. It's now sitting at $67 and poised to go lower. Seems to be hurting more than parts of the energy sector, for reasons that are beyond me. Your thoughts?
When can I expect to see something positive from this holding? I fee like I'm going to have to wait many years until I can break even on the dividends and can liquidate.
"Safe" is the wrong word for the banks because at this point I just want to run the other direction and never look back.
BTW I'm new to investing since mid 2015. Talk about a sour first experience with the way the market went.
Submitted February 10, 2016 at 03:14PM by MustardTiger88 http://ift.tt/20pgzBY
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