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The Benchmark

Beginning in 2017 the performance reporting on your investment statement will compare your rate of return to a particular benchmark. The stock market is classified into sections by companies that have similar characteristics or investment objectives. Each section is...

No More Punch the Party’s Over

The financial crisis of 2008 was a memorable event worldwide. Central banks want to prevent another catastrophic event like that. The Bank of Canada’s role is to provide favorable conditions for the Canadian economy to grow which in turn benefits its citizens. Zooming...

Your Quarterly Statement

I had a client call me the other day to ask why she had not received her statements in the mail. It turns out she had electronic delivery but had never accessed her statements online. So I walked her through the process, and it got me thinking about the rest of you....

A Carrot or Sharp Stick?

Hope you are all enjoying the first few days of autumn! This blog post will highlight a few important topics from Portfolio Strategies’ annual conference which I recently attended. The presenters at the conference are leaders in the investment and related professions,...

What Is Wrong With This Picture?

The above is a full page ad in a local newspaper which I happened to glance at while waiting for a medical test. Poor spelling aside(which incidently makes it difficult to take this ad seriously), this pitch for easy credit is a good example of predatory lending. If a...

The Top 5 Mistakes People Make With Their Money

Are you better off than you were five years ago? Note I did not say financially better off though I am sure that is what most readers would interpret that to be. Throughout my adult working life I have observed that a recurring theme with people is that they feel that...