-
Bank of Montreal (BMO $189.51)
-
Canadian Imperial Bank Of Commerce (CM $134.41)
-
National Bank of Canada (NA $181.39)
-
Bank of Nova Scotia (The) (BNS $70.03)
-
Rumble Resources Inc. (RB)
Q: The big 6 Canadian Banks? I do not know why many investors have an aversion to the banks? Over the last 15 years the capital appreciation and dividend compounding have been second to none. I own a good portion in my varied portfolios and all have performed extremely well with the exception of BNS. I have a friend who invested 15 years ago in the banks $1.5 M - now over $8M and generate a lot of income for him. I think he owns now about 40,000 shares. I think most if not all portfolios should contain a good helping of the Canadian banks. He is my age 77 YO.