Investment Advice on the Radio

So far, markets appear calmer this morning with no real earthshattering news out of Europe, however they have moved to the red in North America. The TSX has slipped a little on struggling oil prices but consumer discretionary stocks seem to be gaining traction on stronger earnings. Weighing on the U.S. markets are jobless claims, which fell slightly less than expected but technology gains are holding up the other end.
As mentioned yesturday earnings are improving. An alternative strategy we like is in high yield bonds. With yields of over 8.5%, they may be an attractive alternative to hedge against stock market volatility and diversify your portfolio in fixed income, especially with such low yields on government bonds. There is still room for high yield bonds in a rising interest rate environment. To find out why visit yourlifeyourplan.ca.