The You First Blog

Short-Term Cash Savings Options

August 21, 2020
 Frank's Update, Short-Term Savings Options
 Frank Manzo

We have had several clients inquire about the best short-term savings options for cash on-hand. There are multiple investment vehicles available, such as basic savings, savings accounts via our advisor channel, and guaranteed investment certificates (GICs). Here are some of the top rates depending on the specific savings vehicle. All rates effective as of the… Read More

First Half 2020 Market Update – Charts of Interest

July 24, 2020
 Bank of Canada, Client services, Economy, Federal Reserve, Frank's Update, Inflation, Interest Rates, Investments, Mid-Year Outlook, The Markets
 Frank Manzo

Last week, we presented our Q2 2020 – Frequently Asked Questions (FAQ) blog post. Today, we would like to present the first half 2020 market update with some charts of interest. 1. 2020 Equity returns year-to-date The first half the year saw a continuation of market increases until late-February, when COVID-related fears took hold of… Read More

U.S. Fed, Bank of Canada Announce Matching 50 Basis-Point Rate Cuts

March 6, 2020
 Bank of Canada, Client services, Economy, Federal Reserve, Frank's Update, Interest Rates, Investments, The Markets, Weekly Update, You First Financial
 Frank Manzo

“Ultimately we know deeply that the other side of every fear is a freedom” – Marilyn Ferguson U.S. Fed, Bank of Canada Announce “Emergency” Rate Cuts of 50 Basis-Points It was an up-and-down, volatile week in North American markets on the heels of last week’s steep declines. Markets rallied on Monday on the prospect of… Read More

2020 BC Budget Announced

February 21, 2020
 BC Budget, Client services, Economy, Frank's Update, Investments, Tax, The Markets, Weekly Update, You First Financial
 Frank Manzo

“Voters want conflicting things. They want a lot of government spending, but they don’t want higher taxes” – Bruce Rauner   BC Provincial Budget Announced This week, the BC NDP government presented its 2020 Budget. Overall, the Budget calls for surpluses in 2019/20 ($203 Million), 2020/21 ($227 Million), 2021/22 ($179 Million) and 2022/23 ($374 Million)…. Read More