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Don’t Panic!

The markets are down. Both the Fed and the Bank of Canada have cut rates. The media are very negative and are reporting doom and gloom stories. Am I upset? No! The markets are cyclical and will rebound. I actually view the current market down-turn as a positive and a fantastic opportunity to buy and get more into the market. My approach is to take a page from The Hitch Hiker’s Guide to the Galaxy and not panic! I’ll take a nice towel, just like Arthur Dent, and wrap it around my head and enjoy this ride. Now, what should I look into buying?

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