View Single Post
Old 11-30-2015, 06:54 PM   #2
Derek Sutton
Powerplay Quarterback
 
Derek Sutton's Avatar
 
Join Date: Nov 2010
Location: Sunnyvale
Exp:
Default

Quote:
Originally Posted by Slava View Post
Here is my latest post on whether investing in Canada could be prudent at this time: http://victorlough.com/blog/1893230-...vest-in-Canada

We were advised to do just the opposite and a few of the reasons were.
-talk of an interest rate increase in the US early 2016
-Dow possibly hitting 20,000 in 2017 where as TSE has been trending down
-the TSE's dependency on energy stocks.
-A fancy graph going back 40? years showing Canadaian market performance vs International market, this showed that it seems to work as a 10-12 year cycle and 2014 was the beginning of the International market out preforming Canadian, and that this should be expected to continue for several years, based on historic trends.

Based on this info "our guy" advised to move new investment out of the Canadian market. What are your thoughts on this?
__________________
The only thing better then a glass of beer is tea with Ms McGill
Derek Sutton is offline   Reply With Quote