By: Wealth Professional | January 13, 2014
Read More, and see what Mike Gomes says about the Canadian dollar dropping in value.
The now-rock bottom value of the loonie has advisors cautioning clients against the quite-understandable home country bias – a phenomenon actually paying off with the currently slide.
“I think that inclusive or exclusive of the dollar, (investors) are always leaning towards Canadian-based investments,” says Mike Gomes of IRONSHIELD Financial Planning.
“Canada represents such a small portion of global investments out there. I think (investors) will branch out.”