Investment Advice on the Radio

Unless we get a miracle, it looks like worldwide markets will finish the last day of the week off in the red. Several banks reported this morning in the US and they beat earnings estimates but loan demand is lackluster. To add fuel to the fire consumer confidence numbers came in lower than expected and that is driving the markets lower today. In Canada, it looks like we are about to enter the death cross which is when the 50 day moving average crosses the 200 day moving average to the downside. This occured in the US in early July and is a longer term bearish signal.
To finish the week off on retirement considerations, the relationship category can be significant. Not only your spouse, family and friends but your relationship with co-workers might change. Most people don't plan for this change. Having goals and a plan goes a long way to a more satisfying retirement. Taking an assessment will help you benchmark and identify any gaps in your retirement. To get your scorecard give me a call at 868-5525 or visit yourlifeyourplan.ca.