“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
The You First Blog
“What is drama but life with the dull bits cut out” – Alfred Hitchcock Drama Is Constant The Attention Economy is, according to Wikipedia, “an approach to the management of information that treats human attention as a scarce commodity and applies economic theory to solve various information management problems. Put simply by Matthew Crawford, ‘Attention… 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
“Nothing in fine print is ever good news” – Andy Rooney Weekly Update – A Warning To Home Buyers You may have read about a July 31st ruling upheld by the Tax Court of Canada regarding Section 116 of our tax law. This specific section requires the purchaser of real estate to withhold 25 per cent… Read More
We updated the You First website with a new design. Hopefully, you will find it more resourceful and user-friendly. There will be a second phase of website changes by the end of the year. In the meantime, please explore and let us know what you think! What’s new -Modernized layout (navigation tab at the top)… Read More
In 2012, new rules were introduced that allowed Canadians to apply for CPP benefits as early as age 60 at a reduced rate, or as late as 70 at an increased rate. This was meant to address Canada’s evolving landscape of retirement, with some Canadians retiring before age 65 while others are working past it…. Read More