Live Wealthy Blog

Fresh insights from our Professional Wealth Advisors.
We invite you to sign up for our complimentary monthly enewsletter.

5 Key Artificial Intelligence Predictions For 2018

How Machine Learning Will Change Everything
Artificial Intelligence (AI) is the next big thing. Expect us to post more on this subject as breakthroughs appear more frequently in the headlines and investment themes arise.
 
Read the full article here:
https://www.forbes.com/sites/bernardmarr/2017/12/18/5-key-artificial-intelligence-predictions-for-2018-how-machine-learning-will-change-everything/

Read more...

Gratitude and Reflection

This past year has truly been one of change for us. As much as the long term plan has been crafted over numerous years, the implementation of our plan has kept us very busy. New faces, new spaces and the vision of such a great future coming together rapidly.
We welcomed Christopher Briggs as a new Advisor a year ago, this year we welcomed Tighe McMillan to help on the administration side. In September we added Iwona Nicastri as an […]

Read more...
financial planning retirement vacation

The retirement advice most people don’t expect

Spend more money, have more fun, give more away
Ted Rechtshaffen: You worked for many years to be in a good financial position — now is the time to realize some of the benefits. The clock is ticking
One of our key roles is to help clients understand their money. What does the balance mean in terms of how they can live? We are educators as well as Investment Advisors. What are safe retraction rates and how do we balance current […]

Read more...
Financial Planner Your Best Interest

10 Questions to Ask Yourself About Your Bank’s Financial Advisor

Does your financial advisor have YOUR best interests at the centre of everything they do for you?
Here are some questions to ask yourself about the financial planner at your bank.
Think of the last time you were at the bank to have an investment review. Then ask yourself:

How did it go?
Did they solely focus on returns and the markets, or were they interested to find out what your plan is with your money and how to deploy it for you?
Did they […]

Read more...

Welcoming Iwona Nicastri to Our Advisory Team

Precision Wealth Management is pleased to welcome Iwona Nicastri to our Advisory team effective September 1, 2017.
Iwona brings years of experience, an established client base and her high values and ethics into the firm. She is thrilled to make Oceanside the new home for herself and her family and looks forward to helping PWM with its growth plan.

Read more...

The Seven Megatrends That Can Beat Global Warming

An article from The Guardian caught my interest and I thought it might catch yours. Not only do these trends have serious implications toward global warming but they also give us far more reason to have investment market optimism. At a time where we are carefully watching the very lengthy business cycle, while worrying about its end, and pessimism prevails against a backdrop of everything Trump, it is important to look at what’s going right. Human ingenuity and the continual drive […]

Read more...
currency fluctuation

How do currency fluctuations affect your investment portfolio?

One of the advantages of our modern day is the ability to invest around the world, thereby enjoying exposure to companies and regions that were previously not available to us. It is important, however, to understand that once you invest outside the borders of Canada you take on an additional risk — being currency risk. If you are investing in the US, Europe or Asia, the mangers you hire have to keep an eye on the currencies of these […]

Read more...
Cliff Broetz Precision Wealth Parksville

Zero to 22 Years in the Blink of an Eye

The Story of Precision Wealth Management
It was approaching the mid 1990’s and I had left a working relationship with a multinational Oil company. I could no longer believe in the industry, the long term sustainability, the prospects and the lengths taken to make money, to too many exclusions. I needed to control my own destiny and be closer to helping people instead of the employees and shareholders of massive organizations.
A love of finance sparks a surprising new beginning
In my youth […]

Read more...