Insights & Media2019-12-18T09:46:52-05:00

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New Tax-Free First Home Savings Account – A faster way to save for that down payment!

By |September 21st, 2022|

In its 2022 Budget this past Spring, the Federal Government announced a new account to help first time homebuyers save for a down payment on their first home. While this Tax-Free First Home Savings Account (FHSA) will not be available until sometime in 2023, no time like the present to beginning planning.

Shaken, but not Stirred – Presented by Barry Schwartz and Ernest Wong

By |April 14th, 2022|

Given the current environment, interest rate hikes, inflation, further disruption to supply chains and the Russian invasion which resulted in a very bumpy start to 2022, Barry & Ernest share their views on the market as well as specific examples of companies we are holding and how we analyze them.

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An Ernest Opinion

Creating value in volatile markets

By |September 27th, 2022|

Amidst the market volatility, investors sometimes forget that stocks and bonds fundamentally represent sources of capital for business operations. When capital is plentiful and prices are high, it is cheap for companies to invest in growth to open new stores, spend on marketing, hire employees, and make acquisitions by issuing new equity or cheap debt.

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Media Appearances

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Outlook

Monthly Newsletter – June 2022

By |July 4th, 2022|

From June 8th to June 16th, the S&P 500, the index of the most valuable traded companies in the United States, dropped 520 points, or 12.5%. About $4 trillion of market capitalization was vapourized in just over a week. That is, by any measure, a staggering amount of money. It is equal to about $12,000 for every person in the United States, or about $560 for every human on earth. The proximate cause was the increase in interest rates in all the developed countries. Central bankers around the world acted in concert to combat inflation by quickly raising rates. In the last six months, the yield on 2 year US government bonds has risen almost exactly 2.5%, from 0.65% to 3.13%. Rates to borrow money have risen equally quickly. The interest rate for a standard mortgage in the US has risen from 3.1% to 5.3% in the same period.

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Wealth Management

Getting Wealthy and Staying Wealthy

By |July 26th, 2022|

Everyone worries about money. Daniel Kahneman, a behavioural economist and winner of the Nobel in economic science once said “Money does not buy you happiness, but lack of money certainly buys you misery”. Money worries are the greatest source of stress, more than work, personal health and relationships.

Don’t Hesitate; Just Designate

By |June 14th, 2022|

Designating a beneficiary on your registered accounts is one of the most important decisions in estate planning. By designating a beneficiary, you inform the financial institution of your plans for your estate after your death. While it is a simple act requiring little in the way of paperwork, it can do a great deal of heavy lifting in establishing your wishes for your estate and ensuring your assets are distributed according to your wishes when you die.

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