Sunday, October 28, 2018

Is cash still king?

Oct. 28, 2018

Introduction


It is time for me to study more about people, money, society, and market. I have been in Canada over 9 years, I could not make big progress in wealth making. It is never too late to study about money. I chose the topic "Is cash still king?". Here is the link.

Data


It is so surprising to learn that recession is the best time to invest money on the stock market. I did sell everything in 2009, fifteen year lowest point with my limited IRS mutual fund and stock, and then closed two accounts. I did the opposite.

Stock
             2009       2017
Ford          1           11
Citi            9          74
Disney    13         103
BofA       2.5          32
Amazon  34       1500
Nike        12           66

Ref 1: 17 US companies with biggest pile of cashes.



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