A Pfennig For Your Thoughts: "But here's another that I came across... Canadian household net worth climbs to C$ 6.0-Trillion in the 1st QTR...
Canadian household net worth increased by 1.3% ($74-billion) in the first quarter of 2010 to C$ 6.0-Trillion. This marks the fourth consecutive quarterly improvement in household net worth and reflects a 96% recovery off the net worth lost during the recent economic downturn.
I tell you all this, not because I want to live there... But to illustrate to you, why investors would look to Canada and the Canadian loonie..."
Thursday, 8 July 2010
Invest in Canada - A Pfennig For Your Thoughts
A Pfennig For Your Thoughts: "I saw a list of reasons why Canada is a great place to be in the Daily Reckoning (www.dailyreckoning.com) yesterday... Among them were these two that I really liked...
4) Freedom to travel abroad where all countries welcome you and like you.
5) A banking system that works. Sorry, no easy way to buy a home without 10% down at least."
4) Freedom to travel abroad where all countries welcome you and like you.
5) A banking system that works. Sorry, no easy way to buy a home without 10% down at least."
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