A Proven Track Record

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31% In Just Over Two Months

Well, RRSP season is over, but investing is never over. Those of you who took my advice and purchased your RRSP in December and early January have earned in less than three months up to 31 percent, did your bank come close?

In fact, I was saying to my clients in September if there was a ”no“ vote in the referendum, that the dollar would plunge and interest rates would go up. Granted (Martin) it did not exactly do it overnight, but by mid-November it happened. At the same time we started to move our clients into our natural resource fund.

The fund’s one year return is 52.4 percent with 95 percent of this coming after the ”no“ vote. And we were there.

To some this is speculation, for those with tunnel vision including financial planners and yes Prudential agents too. They would rather play it safe – problem is you over diversify. Your good investments are dragged down by your bad ones. What Frank Mersh and Charles Givens do and what the AGF funds are promoting in all the financial papers is where it’s at – it’s called asset allocation. Except we went one step further and took advantage of the lower dollar and selected our natural resource fund. But our other funds were excellent too. Our growth fund made 12 percent in this same two and a half months period and our safer diversified fund 8 ½ in the same period.

As I always say it’s not what they did before you purchase them it’s what they do when you’re in them. My record was 16.89 percent over 10 years of doing this without including the above. So much for speculation. Next month the best tax shelter going.