The stock market is a device for transferring money from the impatient to the patient – Warren Buffett With only a few more days left in 2018, it is a good time to revisit tax and investment related strategies. We compiled a list of investment, RRSP, business, and child related planning tips to cover before… Read More
The You First Blog
“A society grows great when old men plant trees whose shade they know they shall never sit in” – Greek Proverb Weekly Update – Market Turbulence Continues Global stock markets experienced another tough week, culminating in the arrest of a top Chinese technology executive that drove another wedge in U.S. – China trade relations. Markets… Read More
“It’s never too late to start saving” – Anonymous Major North American Markets Post Weekly Gains The Toronto Stock Exchange’s S&P/TSX Composite Index closed up slightly Friday by 3.78 points, or 0.02 per cent, to 15,197.82. The TSX was up 186.82 points for the week, good for a weekly gain of 1.24 per cent. Markets… Read More
“Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves” – Peter Lynch Another Down Week for Markets The market retreat continued this week, with the TSX and S&P 500 finishing the week down 3.76% and 3.95% respectively. The total drop from the… Read More
“In the old legend the wise men finally boiled down the history of mortal affairs into a single phrase: ‘This too will pass’” – Benjamin Graham The Stock Market Pulls Back This week, markets pulled back in a noticeable way. The S&P/TSX Composite Index finished down 3.3%; the S&P 500 was down 3.9%; the… Read More
“Fall seven times and stand up eight” – Japanese Proverb Weekly Update – By The Numbers North America The TSX closed at 16,073, down -151 points or -0.93% over the past week. YTD the TSX is down -0.84%. The DOW closed at 26,458, down -286 points or -1.07% over the past week. YTD the DOW… Read More