“Oh, the weather outside is frightful…” Today, February 8th is the worst winter storm since 2008. http://www.cp24.com/weather/city-hit-with-biggest-snow-storm-in-five-years-1.1148188 Schools are closed, hundreds of flights cancelled, stay off the roads if you don’t have to. Today just might be a day to stay inside and listen to some music and relax, besides come Monday the temperature will climb to +5°C. No worries.
So why do we worry so when there is inclement weather in our portfolios? “Are you listening to the Music or the Noise?” This is the title of a recent article by Nick Murray where he offers his unique perspective about market volatility. Many of our portfolios have recovered from the worst financial crisis in our lifetime. There will be many more storms in our lifetime. It is how we react to them that is important.
Mortgage Interest rates – interest rates did not rise in 2012. They will go up! When? Who knows, but be prepared – we can help you. Call us to discuss your options.
Should you have any questions about your investments, the outlook for the coming year or would like a copy of the Nick Murray article, please contact me or a member of my team.