Financial Insights

Smart Diversification

Smart Diversification

Part 5 of the series: Rethink the Way You Invest. I’m a very patriotic Canadian. Although I love to travel outside our borders, it’s always great returning to the true north, strong and free. During a trip to Europe five years ago, the Canadian flags on our backpacks attracted nothing but positive feedback about our great country. Having said that,…
No Free Lunch

No Free Lunch

Part 2 of the series: Rethink the Way You Invest. “There’s no such thing as a free lunch.” This phrase was misattributed to the economist Milton Friedman but its origin actually dates back to a 19th century practice in American bars of offering a free lunch to entice the more lucrative drinking customers. There was usually no real net bargain…

Shaken or Stirred?

Shaken or Stirred?

This line has belonged to Sean Connery since first spoken in Ian Fleming’s 1962 production, “Dr. No.” Since that time, many of us have only fantasized about his travels to exotic places, living life on the edge, playing with cool toys and, because I’m a happily married man, I’ll just stop there! In the twisted mind of the financial advisor…

Keep Calm and Let the Markets Work

Keep Calm and Let the Markets Work

Part 1 of the Series: Rethink the Way You Invest You’ve no doubt seen more than your fair share of the “Keep Calm” slogans on the internet. What you may not know is that the original slogan “Keep Calm and Carry On” poster was printed by the British Government in 1939 in preparation for WW II and the widely predicted…

Rethink the way you invest

Rethink the way you invest

Most people never achieve their financial dreams. Why? In many cases, it’s because they never understand how long-term wealth is created. They assume that investment success depends on picking a hot stock, finding an all-star investment manager, or avoiding market downturns. What we’ve found though is that the harder we try to beat the markets, the more we fail. This…

Lemmings & Wall Street

Lemmings & Wall Street

The lemming gets a bad rap! Common error says that these arctic rodents mindlessly jump off cliffs to drown in the ocean below. We further insult them by labeling people who blindly follow the crowd as “lemmings.” The truth is that lemmings instinctively know when their population is getting too dense and will form large groups to migrate to a…

How Long Will This Take?

How Long Will This Take?

Part 10 of the series: Rethink the Way You Invest. Few of us remember being toddlers, but many of us sure remember raising them! “Johnny, put that down! Mary, stay inside the yard and Tommy, stop chasing Mary! For goodness sake kids, could you all please settle down!” Sorry parents, they will never settle down but will instead become more “grown…