We shouldn’t be surprised when markets act irrationally. For example: when U.S. treasuries were downgraded by Standard and Poor’s they actually went up in value. And of course the stock market sold off.
I have received several requests to write an article on the U.S. debt situation — something that has been getting a lot of attention in the news recently with an important deadline approaching.
In 1982, one of the best investments you could have made would have been a long-term Government of Canada bond. Aside from the security of owning a fund comprised of investments guaranteed by the Canadian government, you would have benefited from long-term bond yields north of 17 per cent.
It might be easier than you think
Precious metal not something to be held onto blindly
There are some lesser known strategies available
Canadians can feel better about their situation with a little work
There is more than one way to generate income
The transfer of wealth has begun
Suppose you were about to embark on a trip. Let’s imagine that you know where you want to go, but you are not really sure how to get there. What are your options?
Banks aren't the only ones who suffered