10% decline in dow in last two days

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

Any enthusiasm investors felt earlier this week has faded, with a ten percent decline in the Dow in the last two days. Incredibly, that two day fall meets the technical definition of a correction all on its own. The problem is, a ten percent swing can put a serious dent in your retirement plan. In such challenging times, you really need to consider a defensive strategy. The challenge is protecting capital, while finding investments that will grow as the market eventually stabilizes.

Tune in tomorrow, to Beyond Funds Market Weekly, as I discuss strategies to deal with the current market volatility, and ensure your portfolio is able to meet your long term needs.

Now is the perfect time to ask “have you outgrown your mutual funds?”

For a review your portfolio, or a complimentary copy of my CD, visit, www.beyondfunds.ca or call me, Jeff Wareham, at 519 660 3260.
This program is for information purposes only. Fees, management fees, and commissions may be associated with mutual fund investing.
Investors should consult their prospectus before investing. Views expressed are those of the author, not Scotia Capital. ScotiaMcLeod is a division of Scotia Capital Inc, member CIPF