"Diversification is more than buying a bunch of global mutual funds"

Conventional investment wisdom is frequently flawed. Over the past decade, we have seen the Canadian dollar strengthen, and stocks around the world floundering.  Global equity mutual funds have been hit hard by this double negative. As a result,you may have lost money, especially if you followed the traditional approach of buying a number of global equity funds for diversification.  Quite simply, the time has come to recognize that diversification is more than buying a bunch of global mutual funds.  If you are wondering if you need a second opinion, give me a call.