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Investment advice amid inflation and slow recovery warns caution
Garth Turner cites StatsCan data showing real incomes falling, unemployment high, and prices up for gas booze and cars. He offers eight conservative steps: avoid new debt, shield money in tax shelters, allocate to gold and real estate long term, invest in stocks only if skilled, keep cash liquid, watch Canada Savings Bond, and value employment stability. He ends with a practical flourish about washing the Publisher's car.
MENTIONED IN THIS ARTICLE
J Arthur Donner
Research Securities of Canada
Donner
Anaysts
Conference Board of Canada
Thomas Maxwell
Canada