Crawford • Ashwood Financial

As the landscape of investing continues to evolve with external factors like tariffs and political fluctuations, understanding the role of active management in mutual funds becomes top of mind. Active portfolio management not only aims to preserve capital but also to capitalize on opportunities across various market conditions. The Benefits of Active Management Active management offers the advantage of adaptability, allowing fund managers to make informed decisions based on their insights into market trends, including during uncertain political times. Their strategic approach is particularly valuable in adjusting investments in response to shifting economic policies and geopolitical developments. Here are some…

Well, he’s done it again. Personal feelings about the outcome aside, today’s blog post will objectively examine the business implications of the win and the opportunities it presents. Political events can often stir strong emotions, but as an advisor, my role is to help clients focus on the tangible impacts these results can have on the economy and investment landscape. Post-Election Market Rally: What It Means for Investors As Canada and the world continue to react to Donald Trump’s recent election win, the stock markets have witnessed an upswing. For many, this moment offers a vital opportunity to analyze the…

Inflation is a critical factor in personal finance that can significantly affect your purchasing power over time, particularly as you plan for retirement. As prices rise, the same amount of money will buy fewer goods and services in the future. This blog post will explore how inflation impacts your savings and investments and provide strategies to mitigate its effects, including a calculation on how retirees can maintain their retirement income needs over a period of 20 years. What is Inflation? Inflation is the rate at which the general level of prices for goods and services rises, eroding purchasing power. Central…

When it comes to planning for the future, one must consider naming a Power of Attorney. A Power of Attorney (POA) is a legal document that allows someone else to act on your behalf in various matters, including financial and healthcare decisions. In this article, we will focus on the significance of having a Power of Attorney for Property (commonly referred to as a Financial POA). What is a Power of Attorney for Property? A Power of Attorney for Property is a legal document that grants someone else the authority to handle your financial matters on your behalf. This designated…

Being named an executor of someone’s will is a significant responsibility that comes with various duties and tasks. An executor plays a crucial role in managing the deceased person’s estate and ensuring that their final wishes are carried out. Let’s explore what it means to be an executor. Some of the key responsibilities of an executor or estate trustee include: Planning the Funeral: As an executor, one of your initial responsibilities may involve making funeral arrangements according to the deceased person’s wishes or family preferences. This can involve coordinating with funeral homes, arranging the service, and managing related costs. Inventory…

While many people are making their New Years Resolutions about health and wellness, consider committing to your financial wellbeing too! Here are a few things to think about when writing down your 2024 goals. Top up your TFSAs or consider making a regular contribution The new maximum limit for 2024 is $7,000, however if you have not maximized your contributions in previous years then you will have more than the annual limit to contribute. If you don’t have the cash available for a larger deposit, you could consider making regular bi-weekly or monthly contributions throughout the calendar year to maximize…

In the realm of personal finance, Tax-Free Savings Accounts (TFSA) stand out as a top choice for Canadians in terms of financial flexibility. Introduced in 2009, TFSAs have become a cornerstone for savvy investors and savers alike. Let’s delve into a refresher on key aspects that make TFSA a powerful tool for tax-efficient wealth building. 1. What is a TFSA?A Tax-Free Savings Account is a versatile investment vehicle that allows Canadians to earn investment income and capital gains tax-free. Unlike traditional savings accounts, TFSAs offer a broad range of investment options, making them an effective tool for growing wealth over…

Goal setting has proven benefits in all aspects of daily life – personal, professional, and financial. But while the act of setting goals is important, perhaps more important, is sticking to those goals. Staying on course is often the more challenging part. We all have good intentions, but humans can sometimes get in their own way to success. You’ve likely heard before that it is often lifestyle changes and having an accountability partner that make a weight loss journey successful. Setting more realistic goals and slowly committing to changing your lifestyle is a lot more attainable than a quick crash…

Do you have money sitting in a chequing or savings account making very little (if any) interest? Although cash should not be a long-term method of growing your wealth, there is a time and place to use cash to your advantage within your financial plan. Cash can support your current and short-term financial needs as well as provide you with protection and liquidity. With current interest rates at recent memory highs, more clients are asking about GICs and high interest rates. While I generally recommend investing in a diversified mutual fund portfolio for long-term investments, cash & GICs are finding…

We are excited to announce that effective May 1, 2023 we will be welcoming you in our new office space! After more than 11 years in our current location, we are moving just over Hwy 401 into Hespeler; only minutes from our current Struck Court location (a short 2.7km). There is ample parking at our new location, with designated spots just for our clients. We are located about 750m east of the Food Basics plaza. Our new address is Unit 4 – 380 Jamieson Pkwy, Cambridge, ON N3C 4N4 Our new phone number is 519-513-6474 You can still reach us…

Author Archives: Amanda Ashwood

Embracing Active Management Amidst Political Uncertainty

Trump’s Triumph … Again

The Impact of Inflation on Savings and Investments

The Role of Power of Attorney

Importance of Executor / Estate Trustee

Happy New Year

The Power of Tax Savings

The Importance of Setting Financial Goals

Holding Cash in Your Portfolio

We’re Moving!