Investment Advice on the Radio

You think you have a traffic jam on Lakeshore. The markets are skidding against a guardrail this morning on softer than expected US jobs numbers. Canada's numbers were better than expected but of course that is being overshadowed by US numbers and volatility in Europe. Consequently, commodities are lower and so is the Canadian dollar, just above 95 cents. Bond prices are higher. At least this is keeping traders employed. For long term investors, valuations are good and these pullbacks will eventually translate into buying opportunities. Right now it's a little like the weather in the Okanagan, we know the long term pattern but it's difficult to predict the day to day or even the seasonal variability with everything else that is happening around us. That's it for today. Visit yourlifeyourplan.ca for a second opinion on your investments.