As a business owner, I notice everything. I have to. In order for me to stay competitive, I need to be aware of what other businesses are doing around me and adjust accordingly. I can thank my years of riding a motorcycle for this tendency. You have to be ultra-aware when riding a motorcycle. Instead of looking at a car, you must look through the windshield of the car and see the driver’s eyes – you need to know that they see you too.
We have all heard the narrative before that millennials spend too much. “They likely would rather spend $15 on avocado toast then save for a rainy day”. Although this may be true, it is short sighted and not looking at the bigger picture of the landscape our marketplace. How companies reach consumers has changed. Today you could have viewed 20- 50 ads in just 10 minutes of scrolling through an app on your phone. This means companies are spending less on an advertising but reach a broader target market.
As advisors, we typically counsel families to take a patient, long-term approach to investing in the marketing, but the markets often spin on today’s breaking news and hottest holdings. This means we must take the time to learn about the latest financial fads alongside our clients. Cryptocurrency is a prime example.
Wealth Professional Canada spotlights 50 of the best advisors working in the Canadian wealth management industry today.
I’m about to have the biggest moment of my life. Those of you who attended our 10th Annual McClelland University will know that I will be going through a new life phase within the next couple months. For those of who you weren’t able to attend, I wanted to share the news that I will be taking a year off starting mid to late May to start my family!
This applies to you if you, your spouse or your children are 24 years old or younger, and have drug coverage under a private insurance plan, such as a group benefits plan through Manulife.
The McClelland Financial Group hosted a private screening on opening weekend of Dumbo. It was a great success despite the cold wintery weather. Catch you next time!
Saturday, April 13th marked the 10th annual McClelland University. For those of you that are unaware, McClelland University is our most decorated client-appreciation event of the year. Saturday’s event did not disappoint.
When it comes to savings, I am a student of the Wealthy Barber, by David Chilton. Pay Yourself First! If the money is not available to you, then it cannot be spent on frivolous purchases. I, for one, am guilty of seeing something I like and then convincing myself that it is an absolute need vs. a want. I know that I am not the only one out there that does this. You know who you are!
I have read this really great book that you may have seen around the office: The Four Phases of Retirement: What to Expect When You’re Retiringby Riley E. Moynes. After reading this I tried to apply it to my personal situation and this is what I got!
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