The following is courtesy TD Asset Management and is posted with permission. That hum you heard in the background throughout 2013? That was emanating from the U.S. Treasury’s printing presses, which were running at full throttle to keep up with the $85 billion the U.S. Federal Reserve (the Fed) was spending on long-term securities each month (“QE3”)…. Read more »
General News
TD Asset Management – The Bottom Line
The following is courtesy TD Asset Management and is posted with permission. U.S. – POISED FOR A STRONGER YEAR AHEAD U.S. markets bid farewell to 2013 in style, with both the S&P 500 and Dow Jones Industrial posting solid gains, and ending the year up an impressive 29.6% and 26.5%, respectively. U.S. Treasuries on the other hand, sold-off as… Read more »
Invis: Top Ten Mortgage Tips for 2014!
The following is courtesy Invis and is reprinted with permission. Your home may be the biggest investment you’ll ever make. That means you want to be smart with your mortgage. Although we can’t say for sure what mortgage rates will do – or how the housing market will shift – we have compiled our top… Read more »
Worldsource Financial Management – Fall 2013 Newsletter
It is very important not to tie your investment returns to a particular index. An index does not have emotions, nor does it have goals, taxes to pay, an income to generate, or a nest egg to save. Understanding how your financial plans integrate with your investment portfolio is of the utmost importance. Below is… Read more »
Name Change for the Dundee Investment Savings Account
Effective November 1, 2013, Dundee Bank of Canada, a Schedule I bank and wholly owned subsidiary of The Bank of Nova Scotia (“Scotiabank”), will change its name to “Hollis Canadian Bank”. The name Hollis Canadian Bank recognizes Scotiabank’s historic head office building, constructed in 1837, at 188 Hollis Street in Halifax, Nova Scotia. As part… Read more »
Buyer Beware
We continue to warn our clients that if things sound too good to be true, they probably are! Anytime there is an offer to pay an interest rate that is substantially higher than what a current 5 year GIC is paying, there has to be a “risk premium” that you need to be willing to… Read more »
Get More For Your Money
The following is courtesy Empire Life. As investors become more concerned about managing risk in their portfolios and protecting their principal – segregated funds, with their guarantees and unique estate planning features, are more in demand. Empire Life segregated funds can give you the growth potential of investment funds with the security of insurance guarantees. What is… Read more »
The Syrian Effect
The following commentary is courtesy of Cardinal Capital Management Inc., the sub-advisor for the VPI Canadian Equity Pool and the VPI Canadian Income Pool. The opinions, market outlook, and asset allocation strategies are those used in the design of the mutual funds they manage that we utilize in client portfolios. Syria continues to be embroiled… Read more »
A Costly Matter!
Courtesy Worldsource Financial Management If you are about to become a parent you will soon learn what other parents already know – that children are expensive! And, as is the case with boomerang kids, sometimes they are an expense that comes back. However, the expenses associated with our children are an expense that we can… Read more »
Of Tantrum & Policy
Courtesy Worldsource Financial Management Over the past few years, we have adopted many new words and phrases, introduced to us by policy makers, economists and the media including, “European Debt Crisis”, “Debt Ceiling”, “Fiscal Cliff”, “Sequester”, and finally “Tapering”. These are all economic and political events that have served to shape and constrain the landscape… Read more »