A Canadian's random thoughts on personal finance

Oct 7, 2008

Ok, I don't own an SUV

Lest my faithful readers (and I flatter myself by using the plural) think I've lost my mind, I'd like to make perfectly clear that my last post was not about gas prices. It's about fretting over the price of an asset that you were never planning to sell anyway.

I'm in the stock market for the long haul, so lower prices just mean that my biweekly paycheque deductions are buying more shares than before. My May contribution bought me just 33 units of one fund I invest in, while the same contribution last week bought me 51 units. That suits me just fine.

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