Hello Everyone! I hope you all had a wonderful September! We saw a lot of volatility on the market this month unfortunately which can be unnerving. The rising bond yields globally has put a lot of negative pressure on the equity markets. The surging oil prices due to the conflict in the middle east have risen fears of inflation and we saw the Federal Reserve raise rates. Canada may follow suit. We also saw some safety concerns emerge from some top A.I companies. I moved some of my money in my main TFSA to a money market etf to give my assets a little protection incase the volatility continues and I am building up my emergency cash reserves. I hope we all are playing it safe and continue to build and find success in this more volatile environment. As for my little Dividend Fund project I continued to make contributions and no matter what happens I will continue. I saw pull back in the principle but I also got my first eligible dividend payments. Which is what this fund is all about! I will post the updated information below and I hope you all have a wonderful October.
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2 Comments
Canadian Investor@canadianinvestor · 21d
Another month down and with mid terms coming up in the US not sure we will see any less volatility. Project looking like it's growing nicely congrats
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