We want you to know that we invest in the same “pension-style” portfolios we recommend for clients. We delegate the day-to-day investment decisions to our elite suite of professional mutual fund companies who are carefully selected for their solid long-term track records. Pension-style investing means: Our financial consultation aims to fund your long-term financial needs....Read More
“Compound interest is the eighth wonder of the world. He who understands it earns it. He who doesn’t pays it.” ~ Albert Einstein In this illustration from Fidelity Investments one investor, Susan, starts saving early but invests only half as much money as John who waits to invest – but Susan still ends up with more....Read More
The Warren Buffett Stock Market Indicator measures if the stock market is too high or low by simply comparing its total dollar value to the total dollar value of the U.S. economy (GDP). Currently, this indicator, which is Mr. Buffett’s favourite, is two standard deviations above average showing that the stock market is expensive relative...Read More
We think now is a good time to speak to people individually to provide an update of our investment thinking going forward. Recently, some indicators we watch, such as the Warren Buffet Market Indicator, have signalled it may be time for investors to pay closer attention to financial markets. During these uncertain times we would...Read More
If you have any Estate Planning questions please give our team a call to set up a time to review your unique circumstances and how your investment accounts can provide you with important Estate Planning benefits. This excerpt from an Estate Planning article linked below discusses named beneficiaries: “Here’s a tip. If you haven’t named...Read More
If you want to know the financial net worth of the average Canadian see below. This chart is from an article by Fidelity Canada entitled, How Much do Canadians need to Save for Retirement?https://www.fidelity.ca/en/insights/articles/how-much-canadians-save-for-retirement/ Although this survey was taken in 2019 and it does not include real estate but only financial assets (minus: Tax Free Savings...Read More
Budgeting can be easy. Here is an article from the David Ramsey organization with an online budget resource for you. There are many reasons to budget or to “tell your money where to go.” In our opinion, achieving financial peace of mind is at the top of the list. https://www.ramseysolutions.com/budgeting/why-budgeting-is-right-for-you?srsltid=AfmBOoo7W8yr_jIoAKsndEyt8b0nE9UCw426QmnT0nJ4wgdnWhLUUgaERead More
Independence. Yes please. To us, “independent financial advice” sounds like the only kind that should be available. Yet the landscape is dominated by advisors who can only be described as conflicted or handcuffed – options that don’t sound like they have a customer’s best interest at heart. Founded on the principle that our independence ensures...Read More
Odds of making money in the stock market since 1926 (S&P 500) 1-Day1-Week1-Month1-Year3-Years5-years10-years15-years54%57%62%74%83%88%94%100% In an article for the Motley Fool on January 1, 2024, Anthony Di Pizio encourages investors in the stock market (S&P500) to hold on for at least 10 years. Even if someone invests at the top of the market, the longer they...Read More
Recently, the S&P500 has experienced a correction of more than 5%. Since it has been a while that we have seen markets decline it is helpful for us to be reminded this is normal behavior for stock market investments. For investors to be forewarned is to be forearmed. Knowing and preparing for volatility is important...Read More
