While index funds cost less than actively-managed mutual funds and they are both “diversified” we think index funds have some surprising drawbacks. Consider these four important disadvantages of index funds: 1. Index funds may not provide as much diversification as one thinks. Nortel’s weighting within the TSX (Canada’s main stock market index) grew from an initial 3%...Read More
Fee-based financial professionals create a win-win situation for their clients and themselves by placing themselves on the same side of the table. There are many advantages to be gained from this professional relationship. A more trusted relationship is achieved immediately because there is no commission to buy or sell any product. Advisors are transformed into consultants by...Read More
A question that clients occasionally wish to discuss is the issue of debt. While being debt free is a great objective, it is important to distinguish between good debt and bad debt and to think in terms of achieving your overall financial goals. Good debt can contribute to your wealth and happiness in the long-term....Read More
Most Canadians choose to work with a financial professional primarily to seek retirement advice and indeed it’s never too late or too early to consider how to enjoy a happy retirement. Through listening to their clients, financial advisors gain practical experience and understanding that allows them to provide retireees with timely and relevant information. These...Read More
The chart below illustrates historical Bear Market declines for the S&P500 and following recoveries once a new all-time high was eventually achieved. On January 19, 2024 a new high was recorded following the Bear Market of 2022. Here are a few general observations: 1) Market declines can be significant. 2) Market recoveries can also be...Read More
The heart of our CommonWealth Team investment model is to participate in significant market upside while incorporating defensive strategies to limit downside volatility. “Return takers” have no control over the performance of markets but we can and do control the process of investing for you. We can help you navigate volatile financial markets. Our well-researched...Read More
