how is tsx related to US elections and what’s happening down south

exactly I am looking for buying opportunities..thanks

you almost would say "duh"

Hi there,

As we've been saying for some time - be prepared for volatility. If anyone knew with 100% certainty the outcome of the election and how it would impact the markets - everyone would be rich. Truth is, it is very much unknown. There was a down day today, but the markets could go up the rest of the week. The TSX Index is not the only one, as the largest economy in the world, stock markets worldwide react to what is happening down south.

We are strong believers in staying invested and averaging into positions. This is especially true as not only do we have the elections to contend with, but we are entering the heart of earnings season which in of itself, can lead to greater volatility.

Mat

The election is simply market noise. People reacting to market noise are bound to underperform the market. Will there be volatility around the election, absolutely. But as long term fundamental investors, do we care? Not necessarily.

In fact, a pullback due to fears of the election results just provides an even better buying opportunity!

Logic and fundamental reason should drive people's investments, not stuff like this. I'm not saying it's wrong to think this way, everyone does. It's just when people act on it, it tends to cost them dearly.