By Brad Brain
There seems to be a strong feeling of uneasiness that has become entrenched in the outlook of some Canadians. An uncomfortable sense that things aren’t going as well as they could be. A syndrome that points to the grass being greener on the other side of the fence.
Recently I received an email from a person who owns a Group Retirement Savings Plan with another firm. She said “What’s the deal with the stock markets? My latest statement I put in almost 1000 bucks yet my portfolio value from last month ended up down by a couple hundred….please reassure me that I’ve got them buying into the right funds.”
To which I immediately replied, “Give me a break. Put your money in, keep your money in, be happy when things go down so you can buy more shares with your $1000.”
But I was also interested in where she was coming from, so I picked up the phone and gave her a call.
I explained that I had two purposes. One was to reassure her, since she really is doing just fine. But the other thing was to explore why she felt the way she did.