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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated

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From: Kayaker2/2/2013 12:52:31 PM
1 Recommendation  Read Replies (4) of 119361
 
The end of fear: Why that hoard of cash is streaming into stocks
DAVID MILSTEAD, ROB CARRICK, JOSH O’KANE, BOYD ERMAN
The Globe and Mail
Published Saturday, Feb. 02 2013, 8:00 AM EST

The six-figure inheritance Peter Duchenes received three years ago is about to hit the stock market.

When he first got the money, the 51-year-old actor and director decided to park it in a bank savings account. The interest on it was paltry, but he had no appetite for stocks – put off by the losses he sustained in an account he had with an investment adviser and worried about the upheaval in financial markets.

But this week, the Ottawa resident opened a new discount brokerage account. Once the paperwork is done, he will join the many investors who are finally getting over the trauma of the great crash of 2008-09 and diving back into equities....

theglobeandmail.com
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