Monday, September 6, 2010

Tuesday Morning Radio

Markets are lower this morning on renewed concerns over the European banking sector. The TSX is down nearly 1/2%, the Dow is down about 3/4% so far and most European markets are down over 1%. Driving markets this week, look for the Beige Book report in the US and the Bank of Canada rate announcement tomorrow. On Thursday, housing data and merchandise trade balance in Canada and on Friday emloyment data.

Value investing involves buying securities whose shares appear underpriced by some form of fundamental analysis. The goal is to identify stocks that are trading below their intrinsic value. This can be viewed as a way to manage risk as the difference between intrinsic value and share price theoretically is a buffer for investors. To identify stocks that are trading below their intrinsic value call me at 868-5525 or visit yourlifeyourplan.ca.

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