Our Family’s 20th Anniversary as Permanent Residents

Feb 6, 2018 our family celebrated our 20th anniversary of the day we landed as permanent residents in Canada.
Louise, the love of my life, with our two daughters Rebecca and Bronwyn emigrated to Canada from South Africa in February 1998. We were in our mid thirties with our two girls aged two years and five months. Emigrating was an extremely emotional decision. Imagine for one minute making the decision to leave your country due to violent crime and corruption, you […]

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Review your TFSA to Avoid CRA Penalties

Over recent years, the Canada Revenue Agency (CRA) has increased its reviews of the TFSA, targeting holders that it considers to have over-contributed to the account. If an individual has exceeded their TFSA contribution limit for the first time, (s)he is sent a warning letter and/or Form RC243-P, Proposed TFSA Return. This form shows the amount of penalty tax due according to CRA records. If the excess TFSA amount has been removed prior to receiving the letter, no further […]

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Perspective On Recent Market Volatility

With the market down overnight and the Dow Jones Industrial average -4.6% yesterday (Feb 6th).  We think it’s time to put this in perspective.  On October 19th, 1987 the Dow was down 22.6%.  This was the biggest loss in the 100 plus year history of this market.  Two days later the Dow was up 10.15%.  If you bought the S&P 500 on that day and held your investment until this past week it would have given you a compounded […]

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The Future of Shopping is About to Take a Huge Leap

Amazon acquired Whole Foods last year, and now plans a future with no cashiers in their stores. Before long there will be many other stores with no cashiers or sales staff – we will simply scan a QR code posted with merchandise to get every bit of relevant sales information we need. Then we will stuff our purchases in our driverless cars and be driven home. Cashless purchasing from cashierless stores, autonomous cars, drones, cryptocurrency. It’s hard to keep […]

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The Argument for Investing Globally

Many investors, when investing, tend to focus on Canada and the USA. The reality is that there are many investing opportunities on the planet. As a wealth management firm we believe that a global investment strategy can not only increase your returns, but achieve this with lower risk.
When we analyze the Canadian stock market (TSX), we determine that approximately 75% of this market is exposed to only 3 sectors of the economy—financials, energy and materials. Because of this, the […]

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