Friday, May 25, 2012

Memorial Day Weekend

Last weekend was Victoria Day weekend in Canada. This weekend is Memorial Day weekend in the US! I hope everyone will have an enjoyable weekend and stay away from stocks and finance related things until at least Monday night.

As a Canadian investor who has a lot of exposure to US equities, my schedule tends to revolve more around the US equity markets, which means last weekend wasn't really a long weekend, and this weekend is the long weekend. :)

This week is also Fleet Week in NYC. They should come to Toronto some time. I would definitely go down to harbor front or Toronto island if this came to town!

Nothing too interesting in the stock market lately. Europe is back in the headlines (surprise surprise?). Personally I think Greece is like a cancerous tumor. It needs to be dealt with, and cut off, before it infects others, and the best way to do it is not to keep putting it off, but deal with it swiftly and immediately.

I continue to think the market is giving us a buying opportunity, but this buying opportunity may present better value if something dramatic really happens in Europe.

Make sure to cover all your bases with proper risk management, and continue to buy in increments. I think it will all work out as the US economy provides the stabilizing force for the world.


  1. Wish we had a memorial day holiday too. Sure would be nice to have 2 long weekends in a row (^_^) Greece has been on life support for too long. I think it's time to pull the plug.

    1. its true! long weekends are awesome.

      Greece certainly has a history of sovereign default. Democracy isnt the only thing with roots in Greece. the first recorded sovereign default is also in Greece, in 4th century BC lol