Monday, November 17, 2008

11% swing in American markets

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

This market has reached new heights when it comes to volatility and uncertainty. North American markets swung by up to 11 percent during the day yesterday. It is pretty tough to make long term decisions in a market experiencing such short term uncertainty. Believe it or not, there were very encouraging signs in the market’s performance of Wednesday and Thursday. Tune in tomorrow at 8:30, as I discuss another challenging week, and look at planning for the long term in difficult market conditions.

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

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