Monday, April 20, 2009

Preparing for bear market rallies...

After six straight weeks to the positive, it would be surprising if the markets made it seven in a row. Regardless, the recent rally has not come close to offsetting the losses of 2008, but it does present the opportunity to sit down with your advisor, and consider rebalancing your portfolio. Rallies at the end of bear markets may be dramatic, and it is a great time to sell positions that are less likely to do well in a recovering market, and buy investments that will respond well to the economy when it recovers. Have you had this type of discussion with your advisor? If not, give me a call, and I will offer you a second opinion.

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 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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