What Is Going On With the Stock Market—and What You Should Do With Your Money Jun 14th

How to go about securing the best return for your investment in Canada.
Latest News
 earnings

Six key concepts to help you weather the investment storms Jul 25th

The key to surviving the roller coaster ride of investing, writes investment adviser David Aston, is to maintain a balanced portfolio of quality stocks and bonds and to focus on long-term investing.... More »
 assets

Canadian financial therapists on how to deal with the stress you feel over money Jul 4th

Surveys show Canadians worry more about money than personal health, work or relationships. Financial therapists say the stress can lead to anxiety, depression and other mental health challenges. Here’s how to control the stress.... More »

‘People Work for Money’: Pay Transparency Is More Important Now Than Ever + MORE Jun 30th

After endless hours of swaddling/feeding/rocking my baby daughter into submission, I spent the precious little downtime I had during maternity leave in 2021 and 2022 applying for a new communications job. Before my mat leave, I was stagnating in my old role. Bored and undervalued, I needed a.... More »

$200 off 14-inch MacBook Pro is an early 4th July sale treat - Creative Bloq Jul 2nd

$200 off 14-inch MacBook Pro is an early 4th July sale treat  Creative BloqApple's M1 MacBook Pro Is $300 Off in This Early Fourth of July Sale  CNETApple's loaded 16-inch MacBook Pro with M1 Max, 64GB RAM is $300 off, back in stock  AppleInsiderAmazon clears out Apple.... More »
 TSE

The best five-year fixed mortgage rates in Canada 2022 + MORE Jun 29th

Mortgage rate comparison After consecutive years of record-low interest rates in Canada, we are entering a period of rising rates—which makes the cost of borrowing money, be it for a mortgage or a student loan, more expensive. The possibility of more rate hikes can make the stabi.... More »
There are signs everywhere that we are headed towards an economic downturn. In May, the S&P/TSX composite index dropped below 20,000 for the first time since June 2021. On June 13, the S&P 500 fell into a bear market—a 20 per cent decline from January. Inflation is at a 31-year-high of 6.8 per cent, and on June 1, the Bank of Canada hiked interest rates 50 points. In the United States, the yield curve inverted in March—an indicator a recession may be coming.

It would be easy to look at these facts and freak out a little. The world is still facing an ongoing war in Ukraine, tech stocks aren’t as strong as they were during the height of the pandemic and governments worldwide are fighting inflation. Combined, this can be a challenging market for investors.

But as the Hitchhiker’s Guide to the Galaxy says: don’t panic. You can still hang on to your investments, and, with a little patience, maybe even make some money in the stock market.

What should I do with my investments right now?

While it can be tempting to make a rash decision based on dropping share prices, think before you act…

Continue Reading On canadianbusiness.com »

Share

PinIt
Compare insurance quotes through Kanetix.ca - save time and money!