Happy New Year!
In this update…
- How markets finished 2020
- What do I expect next?
- TFSA and RSP contributions
Happy New Year!
In this update…
Seasonally, September and October are often weak months within the calendar and this year was no exception, as the market resembled a seesaw, lacking clear direction.
That all changed in November as a contentious U.S. election was settled and new vaccine news caused the market to start looking forward to a post Covid-19 economy – and it did…
Notice Canada vs the U.S. (pink)… This is why you own exposure to the U.S. market.
Link below…
https://www.visualcapitalist.com/the-88-trillion-world-economy-in-one-chart/
Source: Visual Capitalist Sep 15/20
National Bank Financial – Wealth Management (NBFWM) is a division of National Bank Financial Inc. (NBF), as well as a trademark owned by National Bank of Canada (NBC) that is used under license by NBF. NBF is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and the Canadian Investor Protection Fund (CIPF), and is a wholly-owned subsidiary of NBC, a public company listed on the Toronto Stock Exchange (TSX: NA).
…if you don’t own any technology, you have potentially lagged the market in terms of performance lately.