Market Predictions ? Financial Advice


“January is always an entertaining time in the investment industry. Not only is it a time when we can reflect on the past year and grade the predictions made, we are also offered a glimpse into what the market can expect and make our investment decisions accordingly. Market doomsayers and market optimists both take their shot at being the hero.”

This is the type of reading I like to have on a plane ride or brief wait in the doctor’s office. Entertainment to pass the time, yes; sound financial advice, no.

An article by Weston Wellington, Vice President with Dimensional Fund Advisors. In it, he cites market prognosticators who were less than accurate with their predictions.

I am fully aware that this article’s purpose is to highlight the extremely inaccurate. That said, I know that there are a handful of predictions that proved true. The majority of market participants, who make predictions, are educated people with specialized knowledge of certain geographic regions, asset classes, strategies, etc. This helps illustrate my point. Highly educated and trained individuals are making guesses at the market, with a high degree of variability. Who am I to trust? Who will help me make the right decision for investment success?

The answer: You and your advisor. Enjoy the predictions for what they really are; entertaining reads and conversation starters. Speak to one of our financial planning advisors today, to see if this strategy makes sense for you.

Related articles

Newsletter Images Articles

How Lower Interest Rates Affect Canadians

Canadians have been anticipating an interest rate decrease for the past six months. Why is the market so excited about an interest rate decrease? An ...
Read More →
Podcast Cover Podcasts

Episode 264: Top 10 Investment Mistakes

Welcome to another episode of Think Smart with TMFG, your go-to podcast for what’s newsworthy and relevant to everyday Canadians. Join Senior Financial Advisor Rob ...
Read More →
Newsletter Images Articles

Top 5 Tax-saving Tactics Every Gen-Xer Should Know

In this week’s article, we’re exploring five essential tax-saving strategies explicitly tailored for Gen Xers. Born between 1965 and 1980, Gen Xers are in their ...
Read More →

Financial Planning Advice from Canada's Top Financial Advisors

Sign Up To Receive Email Updates On The Financial Industry And Complimentary Workshops.

By providing your e-mail address you provide The McClelland Financial Group of Assante Capital Management Ltd. with your express consent to send you electronic communications. If you choose to discontinue receiving e-mails, you may withdraw consent by contacting


Get actionable financial insights from the Top financial planners in Toronto.

Toronto's Top Financial Advisors
Copyright Assante Wealth Management. © 2024

Disclaimer | Assante advisory services are offered through Assante Capital Management Ltd. Assante Capital Management Ltd. is a Member of the Canadian Investor Protection Fund and Investment Industry Regulatory Organization of Canada. The services described may not be applicable or available with respect to all clients. Services and products may be provided by an Assante advisor or through affiliated or non-affiliated third parties. Some services and products may not be available through all Assante advisors. Services may change without notice. Insurance products and services are provided through Assante Estate and Insurance Services Inc.

We have a team of advisors each specializing in varying portfolio sizes. Please let us know the approx. amount of your investable assets to help us to direct you to the advisor that is best suited to you.