“The genius of impeachment lay in the fact that it could punish the (wo)man without punishing the office” – Arthur M. Schlesinger, Jr. How Have Markets Reacted to Previous Impeachment Processes? With news this week that the U.S. House of Representatives will open impeachment investigations on President Trump, you may be wondering how, if at… Read More
The You First Blog
“All I ask is the chance to prove that money can’t make me happy” – Spike Milligan The Importance of Budgeting Regularly updating your budget is always advisable. Your budget is your financial checkup – helping you determine if your monthly cashflow is positive or negative – and accurately detailing your expenditures can help… Read More
One of the most frequent questions asked by clients is the difference between net invested, book value, and market value. A lot can be said of all three, but the simple explanation is as follows: Net invested: The amount you contributed (minus any money redeemed) Book Value: The amount you contributed plus distributions received Market… Read More
The past decade has seen a lot of positive evolution for Socially Responsible Investing (SRI). 10 years ago, only a few investment firms offered SRI options, and these funds were usually viewed as niche offerings with higher management fees and lower returns. This is certainly not the case today. In the past three years, Royal… Read More
We hope you all enjoyed your summer. The weather in Vancouver was not always perfect, but a smoke-free August was certainly appreciated! Here is where markets stand for 2019 (year-to-date return as of August 30. Foreign market returns are expressed in Canadian dollar terms): –TSX (Canada): 14.8% –DOW Jones (U.S.): 10.5% –S&P 500 (U.S.): 13.9%… Read More
For many families, September means a return school. It is also a good time to discuss the powerful advantages of the Registered Education Savings Plan (RESP). For most households, the RESP is the top vehicle available for children’s education savings. Here are the key facts: Annual maximum contribution: $2,500 (or $5,000 if you have carry-forward… Read More