On Tuesday, markets were up modestly as investors once again mostly gained ground on the day. The S&P 500 was up 0.1% and Toronto was up 0.3%.
West Fraser Timber was one of our bigger movers, up 2.3%.
Yesterday I send out an edition of the free newsletter focusing on the fear of Making Investment Mistakes (which can hold us back) and on how young people can easily get started investing.
I am seeing lots of corporate merger activity. In general the market seems in an optimistic mood. There is no sign of an impending “correction”. But keep in mind that negative surprises tend to be, well, surprises.
Yesterday I bought some McDonalds shares because I keep seeing how busy they are and the P/E looked okay.