Actually, it's not just seniors. Think of who the big income trusts in Canada are. Now think about the content of all of our mutual funds & RRSP's. Cringing yet?Accept2 said:and the ones that are going to be up shit creek because of this will be mostly seniors.
And if you happen to work for one of those trusts (like myself) and are involved in a stock savings plan, the last couple of days have NOT been fun!!! :confused-smiley-010