With the Canadian market down nearly 1,000 points in the last month or so, I would imagine all followers of this informative mutual fund selection web page are quite content to be sitting in cash or the money market. At present most areas of the global market place seem to be stagnant or showing negativity. And then we can add the situation in Greece which has also had an adverse affect on world markets.
As you probably know, I regularly monitor hundreds of mutual funds looking for ones trending on the upside that will prove profitable. At this moment, there just isn’t anything attractive enough for us to invest in.
Things will turn around I’m sure. Will keep everyone posted when I add mutual fund positions to my portfolio.