You’re invited

January 16, 2018

We’d love to have you join us for our new workshop on Tuesday January 30th from 12:00pm to 1:00pm.

This session is geared towards those who took a lump sum from their Nortel Pension. We will be presenting a case study of an investor who took a lump sum commuted value payment in the past that shows how to create income from your LIRA or LIF to last a lifetime. We’ll also help you understand what an advisor can do for you.

A light lunch will be served.

Please contact Erin Boudreault at 613.271.6675 or to RSVP today.

Focus on time in market, not market timing

The results can be amazing

January 12, 2018

Welcome to 2018. As we look forward and make plans for the New Year I thought it would be beneficial to look back at the past 10 years as a guide on how to behave for the next 10. So often we think of returns as a linear concept. This is understandable because most financial planning software requires just that: linear return assumptions. However, in reality, actual returns do not behave like that.

Consider the following chart. This illustration shows how much $1,000 would be worth after 10 years of investment. Even with the world financial crisis of 2008 the original investment of $1,000 had grown to $1,465. It also shows how much it would be worth if an investor missed a certain number of trading days over those 10 years. The results are amazing. If the investor simply missed the 10 best trading days over those 10 years they would have experienced a 46% loss instead of a 46% gain! In fact, taking it one step further, the investor who missed 40 of the best days was left with just 30% of their original $1000 investment.

I think this is a fantastic example of why the key to long term investment success is time in the market and never market timing.

If you have concerns regarding your financial plan and investment strategy please contact me at 613.271.6610. If you would like to read more on this report let us know.

Teachings from a Soldier

100th Anniversary remembrance of Vimy Ridge

June 22, 2017

Recently, I had the privilege to attend a special presentation of the 100th Anniversary of Vimy Ridge exhibit at the National War Museum. Prior to attending the exhibit we were treated to a speech by Master Corporal Stuart Dobie. Dobie was sponsored by Scotia Wealth to attend the ceremonies commemorating the 100th Anniversary of Vimy Ridge in France earlier this year.

Master Corporal Dobie recounted his visit: he detailed the many gravesites and battle fields thathe attended and studied. His moving speech captivated the audience and transported us from our existing worries and life to the life of a soldier during world conflicts. It was moving and emotional to say the very least.

Read More…