Average annual returns over the last 25 years for Canada's top banks, including reinvested divs:
$National Bank of Canada(NA.CA$ : 14.29%
$Royal Bank of Canada(RY.CA$ : 13.04%
$Bank of Montreal(BMO.CA$ : 10.32%
$Canadian Imperial Bank of Commerce(CM.CA$ : 10.26%
$Bank of Nova Scotia(BNS.CA$ : 9.92%
$The Toronto-Dominion Bank(TD.CA$ : 9.18%
$Royal Bank of Canada(RY.CA$ : 13.04%
$Bank of Montreal(BMO.CA$ : 10.32%
$Canadian Imperial Bank of Commerce(CM.CA$ : 10.26%
$Bank of Nova Scotia(BNS.CA$ : 9.92%
$The Toronto-Dominion Bank(TD.CA$ : 9.18%
An equal basket of all 6 would've returned ~11% per year.
Forever stocks in my portfolio.
Forever stocks in my portfolio.
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Jack Lauren : Surprising to see TD at the bottom of that list!
AgueroMbappe : Good luck w the trades bu