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Stock impact report

2 Popular Stocks That Could Wipe Out a $100,000 Nest Egg [Yahoo! Finance Canada]

Canopy Growth Corporation - Common Shares (CGC) 
When you invest in the stock market, you expect a profitable experience, perhaps occasionally interrupted by a few bear markets along the way. Indeed, that's what the markets as a whole tend to deliver. Over the long run, they usually deliver high, positive returns. With certain individual stocks, it's a different story. There are some stocks out there that deliver persistently negative real returns. In some cases, individual stocks decline in price over periods of decades, or more! Cannabis is an example of a sector that has given investors a persistently negative experience over the years. After peaking just prior to legalization in 2018, cannabis stocks entered a protracted bear market. The bear market continues today. Many individual cannabis stocks are down 99% from their 2018 highs. Amazingly, there are some signs indicating that the damage may not be completely done yet. In this article, I explore two cannabis stocks that could turn a $100,000 nest egg into zero. Canopy Show less Read more
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