On Reddit
On August 14, 2018, hokageace said:
On the thread “Maxing out my TFSA with just TD.to stock”, on August 14, 2018, hokageace said:
TD is as good a choice as any...I think diversity rule really does not apply for the 5 Canadian banks. If one of them goes under, the entire country is screwed; not just you.
On the same thread, on August, 9th 2018 Rellim03 said:
In Canada the mega blue chip stuff is in big banks and big energy.
The giant banks like TD are relatively safe as you can get with an actual stock. I see TD as one or 2 steps past a High interest savings account for risk and return....On a reasonable time frame odds are strongly in your favor to profit, and very very strong i your favor you will not lose a large chunk if it goes down.
In hindsight I should have been using large banks with a larger % of my very safe portfolio....they are not a GIC but still very safe with a better return.
On the thread “Are TD and royal bank will be okay long term ?”, on March 10, 2020, Autistic LameFag said:
It's called a dead cat bounce, but long term you will be fine. The banks almost always win and they will get bailed out before the Gov allows a retail bank to go bust. The panic would escalate into the other banks as people try to withdraw but most of the plebs and wagies don't have much to withdraw so there is that.
TD is charging interest on interest now so they know how to squeeze.
On the thread “$TD vs $BMO for long term (40 + years)” on April 2, 2020, stadrpos said:
I just hold the 2 banks that I’m a customer of (Happens to be TD and BMO). That way I always know what they’re up to, what new products they introduce, and how they market.
It also feels nice each time I use one of their products because I take part in making them profitable even to a very very small degree.
Anyway, I wouldn’t put any money in banks right now until at least the oil problem is solved.
Youtube
On the following Youtube video
Stockchase
Barry Schwartz’s opinion on TD:
Canadian Banks including TD-T and RY-T. He wishes we had earnings out of the banks because we are flying blind. It is hard to see anything positive out of then. The stocks have fallen a lot. His preferred is NA-T. It is hard to be materially bullish on the Banks unless you are a long term investor. He would not add more to positions, just hold.
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