Thursday, April 26, 2012

Sell in May, Go Away

Many of you might already heard of the phase - "Sell in May, Go Away!".  During the summer months, many stock buying and selling activities might be slowing down due to vacation season.  Stock prices usually go lower due during the summer season.  Hence, many investors usually sell during the month of May and buy back the stocks on the month of September.  I usually follow this theory as I am selling some of my holdings throughout the month of April ahead of summer season.  I will update on this website to see if the trend is correct for this year.

Tuesday, April 17, 2012

Canada's Interest Rates remain unchanged at 1 per cent

The Bank of Canada has left the key overnight interest rate unchanged at one per cent, but signals to remove monetary stimulus may become appropriate.  It is also signals that interest rate may rise by the end of the year.


What should we do with the low interest rate environment but anticipate interest rate interest.  If you have variable rate, you should consider to pay off as fast as it can.  Keep the fixed rate mortgage as it will not change the rate during the length of the contract.