April 25, 2023 The stock market is declining and interest rates on GIC’s have jumped up. What to do? Do not lock yourself into a five year GIC at this time. They are not liquid. Instead purchase a 1-3 year Investment Grade Corporate Bond. These bonds are liquid and can be sold anytime before maturity.… Continue reading Do Not lock yourself into a 5 year GIC at this time
Canada is clearly a better place to invest than the US in a high inflationary period
Historically in a high inflationary period like the late 1970’s, the TSX Composite sharply outperformed the US market. Over the last 6 and 12 month periods, the Canadian equity market has performed much better than the US market. The basic makeup of the TSX Composite is much more exposed to cyclical and commodity sectors than… Continue reading Canada is clearly a better place to invest than the US in a high inflationary period