Category Archives: Investing

Happy New Year
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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…

Holding Cash in Your Portfolio
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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…

Market Update
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2022 has been the year of market volatility and understandably an uncomfortable time for investors. The “statement shock” can be worrying for many people when they see their investments worth less than they were three or six months ago. Most of my clients are experienced when it comes to the ups and downs, but nevertheless, it is a time of many questions about what you should do when markets are down. Every time it happens it feels like it’s different this time.  The reasons may be different, but the response should be the same. First, I want to summarize the…

Market Commentary
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A few things have contributed to the rocky start to the year in equity markets, after a generally steady climb back from the March 2020 “crash”. Chief Investment Strategist from Dynamic Funds Myles Zyblock shares a quick and easy to understand update on the volatility we’ve seen over the first few weeks of 2022, and what we can keep in mind moving forward in equity markets. Click here to read the short article (1-2 minute read). As we often say, market volatility provides great opportunity for our portfolio managers to take advantage of these dips to reposition their portfolios and…

Happy New Year
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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 2022 goals. Top up your TFSAs or consider making a regular contribution The new maximum limit for 2022 is $6,000, 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…

Market Update
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Well, we’ve climbed steadily back up, so where does the market goes from here? This is a question I have been getting a lot recently. We witnessed a huge decline in the stock market last March, and a record-breaking recovery back from that downturn. World markets are again at all-time highs, which understandably will raise questions about how it can possibly continue. When is the next crash? I have been listening to top portfolio managers, economists, and market strategists speak about the past year, and the outlook moving forward. The outlook is still very bullish on stocks. There has been…

Goodbye 2020
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To say 2020 has been an interesting year would be a massive understatement. Although in many ways it has been uncomfortable, it has also given us some time and space to take stock. And from my perspective as an ‘older adult’, yes ok, a senior citizen, the times of most discomfort provide the biggest lessons in our lives. When viewed with a curious mind we can find all kinds of useful learning opportunities through these times of COVID-19. Here are some things that have not changed but perhaps we needed to be reminded of: Obvious personal reminders are that our…

Market Update
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It’s been a little while since we updated you on the state of the markets. COVID-19 surely caused the global markets to plunge back in March. It was relatively short-lived, and the market bottomed on March 23rd. Since then, markets have rebounded quite nicely already (about 50% up from the bottom) overall. The markets are driven by emotions, and uncertainty brings those emotions high, and causes reactions in either direction. This is what we call volatility – the ups and downs of the stock market. There is no doubt that some sectors were hard hit. With travel at a standstill…

Thoughts for Difficult Times
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I think that we are all feeling various levels of unease at present; from slightly off kilter to all-out anxiety. Watching the numbers of new infections of COVID-19 every day certainly doesn’t help, nor do the wild swings in markets help calm us. We are living in a world where we are bombarded with daily news and it can be exhausting trying to keep up with it all. As we talk to many of our clients, we find that everyone’s approach to coping is different. Some people are glued to their TVs and radios, others are choosing to use this…