“A bird in the hand is worth more than two in the bush,” is a general rule of thumb. This is how more than 70% of Canadians approach CPP, as this is the percentage of people under the age of 65 who take CPP early, according to Benefits Canada.
Recently I was sick after coming back on from a trip. This was the first time my husband and I traveled together without the children and I was looking forward to spending quality time with them upon my return.
There were zero instances in 2017 where the S&P500 moved by 2% or more. So far, in 2018, we’re up to 6 of these: 3 up and 3 down. When volatility comes back, clients often ask, “Should we change our strategy in light of everything that’s going on?”
For many of us, the year’s first quarter is always a bit busier. There are those new year resolutions we made, (or our spouses made for us!), that maybe made it to a written goal stage and, in some cases, hurdled the bar and reached the daily to-do list.
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At its core, financial planning is about helping clients use their resources in a way that will effectively achieve their most important goals.
Well, that was an interesting first quarter in the markets! While I have been beating the volatility drum for a while, when it finally arrived, even I was a bit surprised at the intra-day swings.
One of the most important aspects of a successful financial plan is properly managing your cash flow. By following a few simple strategies, you can gain greater control over your monthly expenses and better prepare for cash flow emergencies.
In 1634 – 1637, the price of a tulip skyrocketed and investors at large put their capital into rare flowers. It wasn’t long before the value of a bulb dropped to the price of an onion.
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For decades, there have been two distinct classifications of investment portfolio management styles: active management and passive management.
Years ago, I actually had someone say to me that they didn’t need to put money aside because, “I don’t plan on having any emergencies.” Letting that sit without a response for a moment or two (I may have raised an eyebrow)
