Monday, March 23, 2009

There may be light at the end of the tunnel

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

This market remains very tough, but there are signs that things may be improving. After a couple of positive weeks, more encouraging news today as Americans will get detail on the program to purchase toxic assets of their banks, and Canadians awake to the news that Suncor is buying Petrocanada. Both of these items give hope that there may be light at the end of the tunnel, but we have seen ten rallies of ten percent during this bear market, so it is too ealry to get excited.

Regardless, now is a great time to get a second opinion, and ensure your portfolio is positioned to meet your long term goals. . Do you want to discuss your alternatives?

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,contribute cash this year. 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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