Fear of Investing illustrated by South Park

A financial advisor who is a member of my investment club showed me this video at our last meeting. It is a perfect example of why so many Canadians fear investing.

CIBC recently release a new report that Canadians are holding a record of $75 billion in extra cash and continue to sock away money at a rate not seen in more than four years. Normally that extra money would be invested in equities, but the study found that nervousness over volatility in the markets has many Canadians reluctant to take the plunge.

I remain bearish on Canada!