Thursday, June 17, 2010

Investment Advice on the Radio

North American markets started the morning off in the green but have decidedly moved to the red in the US and are blinking red and green in Canada. The TSX is flat but being held up by gold. Weighing on the US markets are rising jobless claims, falling consumer prices and plumeting factory activety. This is further evidence that the recovery will be slow and interest rates will have to remain ultra low in the US. It will be interesting to see how growth in the US responds to a shift from extreme "free spending" by government to austerity. The good thing is that most analysts believe the chance of slipping back into recession is very low.

So how should we invest in this environment? We believe a large part of returns will come from dividends in the next few years. For a high dividend yield report with great growth prospects call me at 868-5525 or visit yourlifeyourplan.ca!

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