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Message: Economic outlook

Economic outlook

posted on Jun 28, 2008 06:30AM

I was reading several articles, opinions and forecasts in this weeks Investors Digest for Canada. Incidently, this is the only "free" thing my bank has ever given me.

The economic outlook according to most of who you read is quite bleak. I would rather have my money tied up in a company with a great potential like Alda than sitting in my savings acount at 3.5% and being erroded by inflation and the high cost of living.

Many have suggested to keep cash (and gold) available too so I am going to take their advise for the summer months and also try to build up my cash position just in case I have any emergencies or unforeseen expenses.

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