Drop in oil stocks reflects investor skepticism
After living in Edmonton for nearly 10 years oil prices always make the top headlines, whether the news is good or bad. One thing I have learned is that the market always over reacts to good or bad news and this is no exception. It is often stated that Alberta is ‘boom and bust’ and although I agree that there is a lot of volatility out there those that stay the course, or invest at times like this where oil stocks are ‘on sale’ will be rewarded in the long term. Time and time again well selected cash flow real estate with a reasonable time line is the safest, and most predictable path to long term wealth
