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Affiliated with National Financial Insurance Agency Inc. |
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What's New |
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Our Best GIC Rate as of February 6, 2008
is
4.65%
Over 18 different issuing companies to
choose from
CDIC insured up to $100,000 each |
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 Your
Money Matters
February
2008 Issue
Making Sense of it All
The TSX plunges more than 600 points…The US economy is in
recession…Stocks tumble in Asia, Europe…
You
may be frustrated with the stock market and your mutual fund
investments. It has been a roller-coaster ride for investors. Then
there are the news headlines which make you wonder if there are
darker days to come. What should you do during this period of
volatility? Focus on your long-term goals. Market returns are best
measured over decades, not years or months. Sometimes when the
markets are soaring, it’s easy to forget there will be times when
the economy isn’t as robust.
It’s
happened before and it will happen again. Selling now means that you
may be locking in your losses forever. In past market corrections,
patience has won out over panic. Staying invested is the best
strategy unless you can predict when a correction will occur and how
long it will last because the markets will not sound a bell when the
worst is behind us.
This
may in fact be a good time to invest systematically on a regular
basis as volatile markets provide good buying opportunities and
allow you to take advantage of the power of dollar-cost averaging.
If you are concerned about your investments, please give us a call
to review your investment choices, your tolerance for risk and the
time horizon you have before you need to access your money.
Chances
are that you are right on track to accomplishing your long-term
goals.
Theresa Wever and the Money
Concepts Team.
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Russell Location |
Vankleek Hill
Location |
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1087 Concession Street, P.O. Box
269
Russell ON K4R 1E1
Tel: (613) 445-8624 |
116 Main Street
East, P.O. Box 459
Vankleek Hill, ON K0B 1R0
Tel: (613) 678-3861 |
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Toll-Free:
1-800-250-5557 -
www.moneyconceptsrv.com |
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