Wednesday, August 5, 2009

Invest in companies that fit with your long term goals

Several remarkable benchmarks have been reached this week, as the TSX has burst through 11000, a day after the Nasdaq broke 2000 and the S&P through 1000. This represents a 40 to 50 percent rally for these markets from their bottom in March, and you may be tempted to chase the rally, and buy stocks. It may make sense to invest in companies that fit with your long term goals, but the rally has made many equities relatively expensive. If you are looking to add to your equity holdings, why not look for 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, member CIPF

No comments: