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We have a combined experience of over 35 years in the investment industry in Canada, which include 14 years formerly as an investment advisor, and 5 years as the former National Sales Manager at a Canadian mutual fund company. We do not offer investment advice, and we do not manage investment assets on behalf of investors.
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The singular feature of the great crash of 1929 was that the worst continued to worsen. What looked one day like the end proved on the next day to have been only the beginning. Nothing could have been more ingeniously designed to maximize the suffering, and also to ensure that as few as possible escaped the common misfortune. The fortunate speculator who had funds to answer the first margin call presently got another and equally urgent one, and if he met that there would still be another. In the end all the money he had was extracted from him and lost. — John Kenneth Galbraith, “The Great Crash
Stay on top of the latest headlines from the Wall Street Journal Online.
WSJ What's News Late Edition, March 18, 2010by The Wall Street Journal 18 Mar 2010 at 5:54pm
The blue chips make it eight in a row, but stocks end narrowly mixed; New York's Attorney General begins an investigation into the practice of pension spiking; and Apple is still negotiating content deals for the iPad.
Jeffrey Saut Daily Audio Comment Raymond James
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