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2Q-2008 Report Card

Posted on July 01, 2008

The Sleepy Portfolio continued to tread water in the second quarter of 2008 losing 1.08% through the quarter. The only winner was Canadian equities with XIC posting an 8% gain from the first quarter. Foreign equities had a poor quarter US equities were down about 5%, EAFE markets were down 6.3% and emerging markets also fell 6%. As our portfolios are mostly indexed, our performance was pretty much the same as the Sleepy Portfolio. Apart from the periodic investments in a Group RRSP, I spent the quarter in masterly inactivity, neither buying nor selling. I ll be rebalancing the Sleepy Por...

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