July 18, 2008 Morning Spot

This is Jeff Wareham, ScotiaMcLeod Wealth Advisor, with some thoughts for investors outgrowing their mutual funds.



On Monday, I predicted an interesting week, and I was right.



What has worked all year, has not worked this week…and vice versa.



Investors who rode their Canadian equity funds the last few months have encountered turbulence…while the Dow has rallied nearly 500 points.



Financials have surged over the last three days, and energy stocks have been pummeled, as oil has fallen about 15 dollars.



Has anything changed?



Tune in tomorrow, as I review this week’s market action, and look at ideas for the balance of 2008.