Rain dance

Firstly, thank you to everyone who sent along gifts, letters, congratulations, and marriage advice over the last several weeks. The wedding day could not have been any better, and our honeymoon was a dream. Lauren and I are thrilled to be married, and so happy to be supported by so many people. 

As for markets, things seem to be settling down. Dare I say even getting a bit… boring. As much as I’ve spent the last six months talking about this being a time of maximum financial opportunity and hanging on through the bumps in the road, I welcome the opportunity to now let the market do the work.

The Hopi tribe of Arizona is known for performing their rain dance. And if you were to measure the rainfall before and after the rain dance, you’d find there is indeed more rain in the month after. However it’s important to note that the Hopi only perform their rain dance after long bouts of drought. Inevitably, the rain will always come back again.

With any luck, the time for our rain dance has now passed. Better now to hold onto your umbrellas.

Ben Kizemchuk is a Portfolio Manager & Investment Advisor with Altus Securities Inc offering investment management and planning for high net worth Canadians. Ben focuses on the Growth and Income Portfolios and reducing tax.