The number one buzz word over the past few months (years?) has undoubtedly been ‘debt’. Sovereign debt, consumer debt, debt to GDP, etc. However, the most common term in recent weeks has been debt ceiling, which needs to be increased in order for the US to service their existing debt and ongoing operating obligations (such as military, Medicaid, Social Security, etc.).&n
It seems that the global financial system has come down with a fever after being exposed to many contagions that came out during the spring bloom. In March we saw a wave take grip with the Japanese Tsunami causing terrible loss and damage. Then, as the crocuses broke ground, inflation reared its ugly head in many of the emerging markets that have been the bright spot for globa
Now that the Conservatives have reached a majority, and the budget has been moved forward by the house, we would like to highlight some of the key points that may concern your finances.
From years of training, acquired knowledge and experience, most professionals feel that they should be able to find alternative jobs in the event of disability.
As a continuation of our series on mutual fund fees, please see Part 2 below…
How does an advisor actually get paid?
Investment fees that are paid by retail investors, in particular through mutual funds, continue to be misunderstood despite the numerous attempts from various regulators and self regulatory agencies in Canada to come up with better methods for disclosure of fees. I believe the reason for this issue is two-fold. Firstly, many investors feel uncomfortable asking their advisor ab
As you know on Friday, March 11, Japan was devastated by the largest earthquake in its history, which in turn triggered a massive tsunami that all but wiped out coastal regions of Northeast Japan. Although we cannot add to the abundance of coverage streaming live on most news outlets, what we can provide is a likely outcome of the impending financial and economic concerns.
It has already started, it has been happening for some time and we do not believe that there is anything at this point that will reverse the direction global markets are moving. There is a fundamental shift that is occurring where the “Emerging Markets” are gaining in global prominence and the developed economies of North America and Western Europe are declining.
Over the last several months, as we have been meeting for our client reviews, we have been highlighting the gains that we have been generating in the fixed income portion of your mutual fund portfolios. To many, it might actually seem counterintuitive to have 6% to 8% returns in fixed income position when yields, at least on the government bond portion of the