Investment Advice on the Radio

Yesturday was a holiday for Canadian markets but not the rest of the world. Markets around the world were down yesturday and continue in the same direction today. It's worries over the European banking sector and North Korea's threat of military action against South Korea. The only safe havens today are gold, which hit a record of $1295 an ounce Canadian. Bonds and the U.S. dollar are also safety zones. The Canadian dollar is below 93 cents.

Expect another volatile week, however I want to ease your fears with some incite from Warren Buffet. I read an article that advised investors to ignore the noise because stocks that trade on the market don't always reflect their true value. They tend to overshoot their true value by rising and falling in price more than what they are worth. This is why this will shape up to be a buying opportunity when the dust settles. For more on investing visit yourlifeyourplan.ca.