News Releases

- $1,000 invested in the Dow Jones Industrial Average exclusively from May through to October, and kept in cash the remaining months would have grown to $2,167 from May 1, 1900 to October 31, 2012

- The same amount invested exclusively during the November to April months would have grown to $122,606 from November 1, 1900 to April 30, 2012

- Yet, despite the appeal of the 'Sell in May' strategy, trying to time the markets is never a good idea, in fact, being invested year-round is likely to deliver the best results

- $1,000 invested in the Dow Jones Industrial Average exclusively from May through to October, and kept in cash the remaining months would have grown to $2,167 from May 1, 1900 to October 31, 2012

- The same amount invested exclusively during the November to April months would have grown to $122,606 from November 1, 1900 to April 30, 2012

- Yet, despite the appeal of the 'Sell in May' strategy, trying to time the markets is never a good idea, in fact, being invested year-round is likely to deliver the best results

- Win comes with a $500 team prize, BMO Team of the Week tracksuits and a $500 donation to a charity of the team's choice,

- Team now in the running to be crowned 2013 BMO Team of the Week Champion, a title that comes with a $125,000 prize for a field refurbishment

- However, Canadian economy will likely lag that of the U.S. over the next year

- Gold prices drop, but still overvalued

- U.S. equity markets continue upward trend

- Return on bonds driven more by term exposure than by credit type

- Buying Intentions: Vancouver and GTA homeowners most likely to buy, while intent dips in Calgary

- Price expectations: Most expect property values to increase modestly

- Mortgage affordability: Fewer mortgage holders making cutbacks to afford payments