By Brad Brain
A history lesson.
I once had a client make 99% in his kid’s RESP. In one year.
This was back in 1999, and the mutual fund that delivered this exceptional performance was the Trimark Discovery fund.
Believe it or not, as good as this performance was, it was not an isolated occurrence. Quite a few technology investments were enjoying mouth-watering performance. The internet was still new, and this was the height of the technology stock boom.
Back in the day, the dot.com stock boom was parabolic, but that was just the most recent chapter in a big book of wonderful news. We had been in a bull market since 1987. 12 consecutive years of annual growth that ranged from good to enormous.