With the first three months of 2005 almost complete and with the spring season quickly approaching, now is an excellent time to review our investment portfolios and set out a plan for the balance of the year.
Although the early winter market exuberance has given way to recent common share price weakness we believe that the overall long term economic and investment outlook remains favourable. Accordingly, on periodic market declines, we would continue to build our portfolios by investing cash reserves in favoured value stock selections. As an offset, on excessive price strength, we would opportunistically take partial profits in resource stocks.
|
|
