It seems that every time I look at the Business section of a newspaper or tune into a Business channel someone is asking whether we should “take some off the table”. This bugs me on a couple of levels.
First, there is a linkage to gambling, and prudent and disciplined investors know that there is so much more to investing than “throwing some money at the market”. A review of this website will provide ample evidence of why seasoned managers with a structured approach outperform over the long term. Secondly, the term encourages market timing, a practice which a great majority of professional managers know to be a losing strategy. We have a great article on this subject written by Andrew Budd, one of our Associate Portfolio Managers, in the E-Article section of our website and there is also an excellent article posted in the Media section of our website.Back
Canadian banks are important…not just to Goodreid’s clients (although they are very important to us, comprising nearly 20% of our Canadian portfolio), but to the overall direction of the S&P TSX Composite Index...Read More