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Not Just About The Money

Good day, When we invest money we generally do so for personal gain.  We want to ensure we can maintain our comfortable lifestyles during retirement, put our kids through school and maybe help them purchase their first home, continue to grow our net worth, provide for family members, etc. It is the nature of humans […]

2020

Q2 2020 Wrap Up

Good day, The S&P500 (broad market) shot back up to January levels in Q2 on the back of central bank stimulus and better than expected unemployment numbers. Finishing the quarter, the S&P 500 (CAD) rose 15.79% and the TSX Composite gained 16.97%. However, behind the market surge triggered by governments and central banks, company valuations […]

2020

Too Far Too Quickly?

Good day, The large discrepancy between the economic fundamentals and the stock market continues.  While we’re pleased that equities held in our client portfolios have recovered substantially, it’s important to recognize how far forward this market is looking.  Over 3 million jobs have been lost in the US, meanwhile, the S&P500 has climbed roughly 37% […]

2020

Are Bonds Safe?

Good day, For years, we’ve been preaching that bonds can be extremely volatile and do not provide the “safety” that investors believe they do. Public debt markets can drop like equities and the period between February 20th and March 23rd is a good example of this. In roughly 20 trading days, traditional fixed income instruments […]

Harbourfront Wealth Management