Monthly Message
The Wutherich & Co. Composite was up 1.2% in January. This compares with the S&P/TSX up 1.7% and the BMO Small Cap Index down 2.1%.
It has been rocky start to the year with the coronavirus being the latest reason to trade stocks. We have lived and invested through SARS, H1N1, Ebola, MERS and a host of other promised end-of-the-world crises, man-made or otherwise. While we keep one wary eye on the headlines, we have always focused on the fundamentals of the names that we own, and it has always pulled us through. We see no reason to choose a different path this time.
During January and February, we like to remind people to focus on any RRSP or TFSA contributions that they should make. Despite coming off a very strong year in 2019, we still think the portfolio offers relatively good value. Once again, kudos to those who followed our advice this time last year. Don’t hesitate to call JF. He will be happy to help you through the process.
Lastly, we would like to extend a heartfelt THANK YOU to everyone who attended our 20th Anniversary event on January 23rd. You made it another great success!
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