reason for optimism this week

There is reason for optimism this week, as we have seen most global
markets reaching new highs for the year. It is important to keep
things in perspective. The Dow in New York is currently approaching
the level it reached a decade ago. The Nasdaq is still sixty percent
below its all time high. The long term returns of many international
markets are even worse. As the market recovers, it may be tempting to
simply let things stay the same, believing this is following the
conventional wisdom of buying and holding. In fact, this approach has
not worked for at least a decade, and I believe you should discuss
your long term strategy with your advisor. If you are looking for a
second opinion, why not give me a call.

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