In my Year in Review update to WealthBar clients about performance, ‘Making Investing Great Again,’ I talked a bit about the Donald Trump effect on the markets. Love him or hate him, the new US chief executive (and his tweets) form part of that bigger… Read more
Markets saw modest gains through April. The Canadian dollar depreciated, increasing the gains of US and international equities in our portfolios. Oil prices swung widely throughout the month. US market still gaining strength The S&P 500 provided a return of 1% this month. That was… Read more
Fiduciary definition. “A person to whom property or power is entrusted for the benefit of another.” (via Dictionary.com). In the context of the Canadian financial industry, this essentially means that the financial adviser acts in the expressed interest of their client. Fiduciary duty and the… Read more
When I started WealthBar, many financial industry leaders told me that it would be tough to get people to switch over from their bank. “Canadians are naturally apathetic,” they said. “They stay loyal to the bank where they opened a bank account when they were… Read more
In the Trump era of fake news and seesawing headlines about possible trade wars and tax cuts, one rule sticks out for us: don’t let your emotions decide for you when you’re investing. That theme also came through loud and clear in a recent interview… Read more
WealthBar’s Life & Money section offers practical advice for Canadians at every stage of their financial journey. Today we look at a hot topic: how people who are often just starting to save can buy into Canada’s pricey real estate market. First time home buyers… Read more
There’s a huge talent shortage in Canada. To cope, cities and provinces are opening up that talent search to the world (even as others turn skilled workers away). In this hyper-competitive recruiting environment, savvy employers are using a big enticement to keep top performers: Group… Read more
I wouldn’t claim that all of the big banks are caught up in scandals over high-pressure sales tactics. The people working at the big banks can tell you that. This headline from the CBC sums up the problem nicely: ‘We are all doing it’: Employees… Read more
We saw that in March, the US interest rate increased, the price of oil continued a downward drip. Meanwhile, the US and Canadian economies saw positive signs. US economy gets a boost With the US economy showing signs of improvement, the Federal Open Market Committee initiated… Read more
Why aren’t millennials investing in the markets at the same rate as other age groups in Canada? It’s actually fairly straightforward. Our CTO Chris Nicola explains in this week’s article in Business in Vancouver: “They’ve got other primary goals in mind. They have lower disposable… Read more
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