Articles

As a young Canadian embarking on your journey into the workforce, it’s crucial to lay the foundation for your financial future. One of the most effective ways to secure financial well-being is understanding and leveraging the power of compounding interest. Starting early and investing consistently can unlock substantial benefits and pave the way to long-term …

Harnessing the Power of Compounding Interest: A Path to Wealth for Young Canadians Read More »

The US Debt Ceiling is likely a concept that you’ve heard of or read headlines about within the last couple of months.  It is starting to garner a little more attention given the proximity to the June 1st “X-date”. In short, the debt ceiling is a restriction imposed by the US Congress on the amount …

What is the US Debt Ceiling, and should I care? Read More »

WealthProfessional.ca: “As Canadians live longer and increasingly rely on personal savings to sustain them in old age, there’s more urgency than ever for innovation in retirement solutions. A new research paper suggests the key lies in a rethink of RRIF policy – but one seasoned advisor thinks otherwise.”

The Federal Budget in 2022 proposed to create the Tax-Free First Home Savings Account (FHSA), a newly registered account to help individuals save for their first home. The account became available to Canadians on April 1st, 2023 and will be soon available at Assante in June 2023. Contributions to an FHSA would be tax deductible, and …

The First Home Savings Account Read More »

This is a great time of year for sports.  We just had March Madness in college basketball.  The Masters gave us the first golf major of the year. The baseball season is underway.  And, the NBA and NHL are finishing round 1 of the playoffs.  I’m sure many of you reading this have put together …

Playoff Pools and Investing Read More »

Who is Silicon Valley Bank? Silicon Valley Bank largely banked start-ups and venture companies and was never a big lender. The start-up would get its seed capital and put it into Silicon Valley Bank. Silicon Valley Bank would take the deposits and largely invest in securities like Treasuries to capture a yield. If held, these …

Silicon Valley Bank Explained Read More »

Like any Canadian who has a market-based investment portfolio, headlines in the media can make for a very anxious journey. Good and bad news alike, can cause emotional reactions and potentially invoke bad decision making. Long-term investing does not have to be worrisome exercise. You can have a more enjoyable investment experience by subscribing to …

Three Investment Principles To Minimize Headlines-Induced Anxiety Read More »

BNNBloomberg.ca: “Canadian consumer price inflation jumped to a new three-decade high in February, cementing expectations the Bank of Canada will aggressively hike interest rates in coming months to rein in price pressures. Annual inflation was 5.7 per cent last month, up from 5.1 per cent in January, Statistics Canada reported Wednesday in Ottawa. That’s the …

Inflation surges 5.7% as prices spike most since 1991 Read More »

Have you ever bought roses on Valentine’s Day? Odds are you paid a premium to buy those roses for your loved one. However, you weren’t the only one. The increased demand and competition for roses on Valentine’s Day drives up the prices. Simple supply and demand. This concept can be translated to the stock market, …

Being Flexible Can Save You Money And Yield Better Stock Market Returns Read More »

In January 2023, Canada and the US announced the unemployment data. The US added over 500,000 jobs in January, and the unemployment rate pushed to its lowest rate since 1969. The stock market in the US fell that day. Most people would believe that with better job data, the stock market would continue its rally …

When Good News Is Bad News Read More »