Canadian stocks are obviously something you seriously need to consider as……Canada plans to legalize on a federal / national level come mid October. You don’t want to miss the boat when these stocks take off, and aside from the raft of new companies soon to hit the public market – there are already several Canadian stocks to considering taking a stab at.
Investing here makes pretty good sense considering what we’ve seen happen in Colorado. as I understand it, the state of Colorado has taken in such enormous tax dollars based on this new revenue stream that they are actually considering “tax refunds” for residents. Not bad considering crime rates have stayed the same and there is no indication that the legalization of production and possession has had “any” adverse effect.
Why Invest In Canadian Stocks?
Canada has yet to pull the trigger but once the deal is formalized – one only needs to look to Colorado’s numbers to extrapolate what’s in store for these stocks. Big numbers. Really big numbers. Here’s a look at one of Canada’s front runners.
Investing In Canadian Stocks
Investing in Canadian stocks some months ago (obviously) would have been fantastic but keep in mind….the first round of savvy investors took on tremendous risk whereas now…there’s really no question that these stocks have not only weathered the early storm – but have flourished.
Investing in Canadian stocks looks somewhat similar to the “good ol days” back when tech stocks where “purely speculative”. This new industry is obviously here to stay, and the heavy lifting has already been done. I’m looking at creating starter positions in a wide range of these stocks ( Canadian stocks specifically ) and building as the official announcement draws near.
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