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Assante Capital Management Ltd. Aug 2016

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The McClelland Financial Group
Carlo Cansino»

BREXIT, never heard of it…

Carlo CansinoI am obviously being facetious, but in reality Brexit came and went, with much fanfare but little to no impact to long-term investors.  Why would it?  Those who accept the fact that their market-based investments are subject to sharp rises and falls in the market, are better equipped to ignore "investment advice" from professionals showcased in the media.  These experts have no idea of an investor's individual long-term financial goals.

Economic issues, political unrest and natural disasters will continue to occur.  They will all have short-term impacts on the market, but should not, in any way, shape or form, influence your long-term investment decisions.

In an article written by Jim Parker, a Vice President with Dimensional Fund Advisors.  He reiterates the fact that major global events will occur and provide opportunities for journalists to influence investment decisions.  Remember the Lehman Brothers collapse or Euro crisis featuring the PIIGs nations? 

Bottom line, stay informed, stay current and stay in contact with your advisor.  BTW, as of August 19th, the FTSE 100 (UK's main stock market index) is up 9.9% YTD (local currency)*.

Carlo Cansino, FMA, FCSI, CFP
Senior Financial Planner
The McClelland Financial Group of Assante Capital Management Ltd.

*http://www.morningstar.co.uk/uk/news/151314/ftse-100-recovery-is-it-time-to-take-profits.aspx

The McClelland Financial Group»

INTRODUCING... Chelsey Chartren

Financial Advisor

Chelsey DorrellChelsey has been in the financial services industry since the beginning of her studies at University of Ontario Institute of Technology (UOIT) in 2010. While studying finance at UOIT, she worked part-time at TD Bank as a Customer Services Representative (bank teller) until achieving her Bachelor of Commerce (Honours) degree in 2014. Chelsey has completed the Canadian Securities Course and is currently working towards her Certified Financial Planner (CFP).

At The McClelland Financial Group Chelsey is known for her great rapport with clients and striving to meet her client's needs is one of her top priorities.

Our advisors may have mentioned her, now you can put a face to the name.

Markets»

Parenting Your Wealth in
Uncertain Markets

Patience Is Your Greatest Strength

Uncertain MarketsIn the face of political drama at home and abroad, it's certainly been a summer for trying our patience, hasn't it? For anyone who has ever been a parent or a child – that is, for everyone – there are several comparisons we can draw between good parenting and good wealth management. For both, plenty of patience is one of the most important qualities to embrace. 

Patience Is Your Greatest Strength

As an investor, you probably have plenty of "those days" when you wonder whether your money is ever going to grow up. It doesn't do as you hoped for. It misbehaves. It runs with the wrong crowd. It ignores your best efforts to protect it from harm.

But then there are those other days. Suddenly, your money hits a growth spurt, exceeding all expectations! It's then that you realize that many of the greatest challenges you and your investments faced along the way are the same ones that are contributing to its strength and shaping its character over time.

In the Markets, "Unusual" Is Business as Usual

As much as we would prefer our wealth to mature in a calm, orderly way, there is solid evidence to demonstrate that returns are far more likely to occur in these sorts of anxiety-generating fits and starts.

For example, you may recall that January 2016 was an unsettling time in the market, with particularly petulant returns. Some pundits blamed China and oil and what-not. Especially in retrospect, there was no incredibly obvious reason; it was just in one of those moods.

On the flip side, in the wake of the June 23 Brexit referendum, when we might have expected the market to remain in a funk for a while, it took a dive but then mostly continued upward, especially in the U.S., where stock market indexes experienced a number of record highs in July.

During the January doldrums, Vanguard published an overview of how common it is for markets to lurch into correction territory or lower, despite their overall upwardly mobile track record. Vanguard observed, "Since 1928, the Standard & Poor's 500 Index has spent 40% of the roughly 88-year span in some sort of setback – a correction or bear market. Over that same period, however, the index has produced an average annualized return of about 10%."

Vanguard concluded: "A review of corrections and bear markets suggests that patience and discipline are the best responses to market turmoil." Our point exactly.

No Favorite Child

That's not to say that you should plan for 10% annual returns in your financial future. Most investors are wise to offset the heated risks involved in pursuing higher expected returns with an appropriate helping of "cooler" holdings. We also suggest employing global diversification to manage the market risks that you do take on. Spreading your risks among multiple kinds of holdings around the world can be compared to raising several children, without choosing a favorite. Each is expected to contribute in its own special way.

The Importance of Being There

What parents don't have days when they wish they could bypass some of the drama and skip straight to the good stuff? And yet we know that child-rearing requires us to be there for our offspring 24x7, thick and thin, on good days and bad.

We also know that, even though we give it our all, there are no guarantees. The most you can do is the best that you can – day in, day out – with the most accurate information you can find. If patience is your greatest virtue, consistence and persistence are your power tools to maximize it.

So it should be with investing, where you should avoid the temptation to jump in and out of uncertain markets. We know they are going to often misbehave and sometimes disappoint. We even know that they may never deliver as hoped for. But once you have done everything you can to position your portfolio for the outcome you have in mind, you've also done everything you can to stack the odds of success in your favor. The rest is where that patience comes in.

The Power of Patience

Consider this article by Chicago Tribune financial columnist Jill Schlesinger, "Time in the market – not market timing – is the secret to investment success." In it, Schlesinger shares stock market research dating back to 1927, finding that "for those who invest for a single day, the chance of losing money is 46 percent, but for those who invest with a 10-year investment horizon the chance of success improves dramatically – to 87 percent."

The Wall Street Journal personal financial columnist Jason Zweig offers us a visual of the same phenomenon in his article, "Volatility: In the Eye of the Beholder." There, he considers a year's worth of S&P 500 returns:

"Viewed daily over the 12 months that ended March 31 [2016], the S&P 500's moves look superficially like the EKG of someone having a heart attack. Viewed quarterly, they resemble a shruggie emoticon without the smirk. And seen over the full sweep of the last 12 months, the market's moves look like a whole lot of nothing happening in slow motion."

Zweig describes how time has a way of smoothing out the best and worst days, and tilting the odds in our favor. As a bonus, a patient investment strategy also tends to minimize trading activities, and the costs involved, which can further contribute to your end returns.

By thinking of your wealth from this perspective, it might help you take a deep breath and carry on as this year's politics unfold – or whenever you face difficult decisions on how to best care for your precious holdings. By sticking with a disciplined plan, day in and day out, you stand the best odds for raising wealth that you'll be proud to call your own in the end.

The McClelland Financial Group of Assante Capital Management Ltd.

Entrepreneur.com»

8 Ways Companies Can Use The
Olympics to Boost Business

OlympicsBoosting business during the Olympic Games is a bit tricky for marketers. Marketers have to review trademarks, as the Olympic Games do have several. Your brand can, however, still use the Olympic Games to market to consumers and increase business. The seven items below will help your business learn how to get around these small hurdles.

Rule 40

Rule 40 was implemented to allow non-sponsoring businesses to endorse athletes and market their support for said athlete. Before this rule went into effect, non-Olympic games sponsors were not permitted to endorse, market for or use certain trademarked terminology. With rule 40 in place, startups are able to steal marketing dollars from Olympics sponsors, but in a completely legal way.

Pay Attention to Markets

One way that your brand can see a boost in business is to become an active Olympic sponsor and have a stock market presence. Stock in your brand can increase in value per share just from putting a financial stake in the games by becoming a sponsor. If history repeats itself, Brazil's economy will see a boost.

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Assante Capital Management Ltd. is a member of the Canadian Investor Protection Fund and is registered with the Investment Industry Regulatory Organization of Canada. This material is provided for general information and is subject to change without notice. Every effort has been made to compile this material from reliable sources however no warranty can be made as to its accuracy or completeness. Before acting on any of the above, please make sure to see me for individual financial advice based on your personal circumstances. Insurance products and services are provided through Assante Estate and Insurance Services Inc.

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