By Keith Damsell
The Globe and Mail
Report on Business
Tuesday, December 27, 2005

Financial forecasting is a mug's game, says Vancouver financial adviser Adrian Mastracci of KCM Wealth Management.

Adrian Mastracci, investment counsel at Vancouver’s
‘fee-only’ KCM Wealth Management, says, “Financial forecasting is a mug's game. I can make a case for the good, the bad and the ugly.”

"I can make a case for the good, the bad and the ugly," he says, adding that his best guess for 2006 is "a roller coaster with volatility."

With that in mind, Mr. Mastracci's advising clients to consider a six-point defensive plan:

1. Diversify the portfolio into a number of asset classes.
2. Sprinkle the nest egg among a variety of sectors around the world.
3. Decide on your appropriate asset mix and stick with it.
4. Take a pass when it comes to chasing sizzling, red-hot sectors.
5. Don't get smitten with borrowing to invest.
6. Focus on the quality of the investments. If you crave a little raciness, set aside a specific amount for such picks.

NOTE: The information provided above is intended for general informational purposes only. It does not constitute advice for anyone's specific situation. Everyone should always first consult directly with their advisors to determine the appropriateness of any information contained above before taking any action. KCM Wealth Management Inc. assumes no responsibility for any loss or damage arising from the use of, or reliance upon the above information.