Giving thanks in a iffy Market

October 9, 2008

Penn of Denn

It seems these days, people are either talking about the election or about the markets. Sometimes they talk about both, wondering how the elections will affect the markets or conversely, how the markets will affect the elections.

Now the closest I come to the markets, is that’s where my RRSP contributions end up and seeing I’m on the freedom 85 plan, there’s probably time for a market recovery.

But, I’m reminded by both the election rhetoric and the market tumble, about how lucky we are and how much we have to be thankful for this weekend.

The majority of people in the world, will never have the opportunity to vote in a free election and the market is where they go to buy a chicken and we take both of those things for granted.

I don’t want to be a fear monger, nor do I want to trivialize what is happening to the stock market, but even if Canada was as bad off as we were during the great depression, we’d still have more to be thankful for than most of the world. So let’s not forget that this long weekend is about giving thanks. Have a great week and remember: To see what is really possible, you will have to attempt the impossible.