Archives

What’s Next? (And When Will It Happen)

Talk of recession is in the air and amongst my clients and readers of this blog the chief question is “when”? Ever since Trump was elected, questions about when “it’s going to happen” have been floating about. Trump, an 800-pound gorilla with a twitter addiction, has left a predictable path of destruction and the promise […]

Read More

Making Kids Money Smart, Reprise

Some time back I had written about how we could better prepare children to handle money responsibly, how to help establish good financial habits and why that was important. You might have thought that banks would have played a role in that education, but I failed to talk about them and what positive (and negative) […]

Read More

The Cost of Advice

Everyone’s focused on the cost of investing, they should be looking at the cost of not having help. I regular question I receive is whether fees are to high. This isn’t a perplexing question, it always makes sense to see whether you could, or perhaps should, be paying less. But from a financial planning perspective […]

Read More

Donald Trump & The Federal Reserve

In conversations the number one concern I’m asked to address is the effect of Donald Trump on markets. This isn’t surprising. He looms over everything. He dominates news cycles. His tweets can move markets. He is omnipresent in our lives, and yet curiously much of what he has done has left no lasting impression. His […]

Read More

Wealth in all Stages of Life

My associate, Kimber, frequently points out that my bookshelves contain a number of real “downer” books on death. She’s not wrong: I have an abiding interest in what it means to grow old and how we die. My bookshelves creak under the weight of Greek and Roman philosophy texts, medical studies about aging, and financial […]

Read More

The Exciting New Field of Recession Prognostication

I wish to inform you about an exciting new profession, currently accepting applicants. Accurate recession prognostication and divination is an up and coming new business that is surging in these turbulent economic times! And now is your chance to get in on the ground floor of this amazing opportunity! I am of course being facetious, […]

Read More

A Canadian Story of Woe

    One of the challenges of being a financial advisor is finding ways to convey complex financial issues in simple ways to my clients and readers. I believe I do this to varying degrees of success, and I am informed of my failures by my wife who doesn’t hesitate to point out when I’ve […]

Read More

Beware the Rally

*At the time that I wrote this markets had just finished several positive sessions, however by the time it was ready markets had once again changed directions! I’m going to potentially embarrass myself and go on the record as saying we shouldn’t place too much trust in the current market rally, though the upturn is […]

Read More

The Mystery of Market Volatility

This past week markets had a sudden and sustained sell off that lasted for two days, and though they bounced back a little on Friday, US markets had several negative sessions. The selloff in US markets, which began on Wednesday and extended into Thursday, roiled global markets as well, with extensive selling through Asia and […]

Read More

The Deceptive Nature of Indices

An essential part of the business of investing involves figuring out how well you are doing. In some respects, the best benchmark for how well you are doing should be personalized to you. How conservative are you? What kind of income needs do you have? How old are you? While the case remains strong for […]

Read More