HONG KONG — Global markets fell broadly on Wednesday, as investors in Europe and Asia showed increasing skepticism about global growth and as stocks in Japan plunged into bear-market territory.
They are already calling this "Red Wednesday". Everyone is getting hit pretty hard, mostly because of oil. Dow Jones is down 300 pts in pretrading. Hold on to your hats.
"DrCaleb" said Some good bargains to be had in the market!
Yeah, assuming you are purchasing on Canadian exchanges and therefore don't have to pay for the currency drop. Also, will these bargains be even better bargains tomorrow? Let's judge Canada by how much investment we receive now that the dollar is low soon to be rock bottom. If we don't receive a major influx of foreign investors, even when we beg and plead for such investment; than it will be a strong signal for Canada to change course. A course that is long long overdue.
This change of course means a deep cut in the security apparatus and a major expansion in freedom, which in turn will spark creativity, innovation and free market ambitions.
Civil Libertarianism is the way of the future as much as some of the fossils don't want that...globalization will ensure it.
"shockedcanadian" said Some good bargains to be had in the market!
Yeah, assuming you are purchasing on Canadian exchanges and therefore don't have to pay for the currency drop. Also, will these bargains be even better bargains tomorrow?
Why? Sometimes a good investment isn't in Canada, it's elsewhere. Don't be afraid to buy in the US just because the dollar is low. The money you can earn on dividends makes up for it.
And not investing today when it might be cheaper tomorrow is also a bad strategy. It's what happens over the next 10 years that matters.
Some good bargains to be had in the market!
Yeah, assuming you are purchasing on Canadian exchanges and therefore don't have to pay for the currency drop. Also, will these bargains be even better bargains tomorrow? Let's judge Canada by how much investment we receive now that the dollar is low soon to be rock bottom. If we don't receive a major influx of foreign investors, even when we beg and plead for such investment; than it will be a strong signal for Canada to change course. A course that is long long overdue.
This change of course means a deep cut in the security apparatus and a major expansion in freedom, which in turn will spark creativity, innovation and free market ambitions.
Civil Libertarianism is the way of the future as much as some of the fossils don't want that...globalization will ensure it.
Some good bargains to be had in the market!
Yeah, assuming you are purchasing on Canadian exchanges and therefore don't have to pay for the currency drop. Also, will these bargains be even better bargains tomorrow?
Why? Sometimes a good investment isn't in Canada, it's elsewhere. Don't be afraid to buy in the US just because the dollar is low. The money you can earn on dividends makes up for it.
And not investing today when it might be cheaper tomorrow is also a bad strategy. It's what happens over the next 10 years that matters.