The You First Blog

Weekly Update – February 8, 2019

February 9, 2019
 Bank of Canada, Client services, Federal Reserve, Frank's Update, Free Trade Agreement, Investments, The Markets, Weekly Update, You First Financial
 Frank Mueller

“Sunflowers end up facing the sun, but they go through a lot of dirt to find their way there” – J.R. Rim TSX Posts Small Weekly Gain The Toronto Stock Exchange’s S&P/TSX Composite Index closed unofficially down 70.03 points on Friday to finish the week at 15,633.33. This represents a small, yet positive, gain over last… Read More

Weekly Update – February 1, 2019

February 2, 2019
 Client services, Economy, Frank's Update, Investments, RRSP, The Markets, Weekly Update, You First Financial
 Frank Mueller

Markets Enjoy Big Rebound in January What a difference a month makes. As we wrote 3 weeks ago, amid negative media sentiment, markets quietly moved upward from Christmas Eve, and finished January in style. The S&P Toronto Stock Exchange closed on Christmas Eve at 13,780.20. At market close yesterday, the TSX sat at 15,540.60, a… Read More

Optimism in 10 Charts

January 25, 2019
 Bank of Canada, Brexit, Canada Revenue Agency, Client services, Economy, Federal Reserve, Frank's Update, Inflation, Interest Rates, Investments, Mutual Funds, The Markets, You First Financial
 Frank Mueller

As discussed in the Anthony’s 2019 Outlook, political concern persists but economic fundamentals are still strong. The optimist sees opportunity in every challenge, and here we provide some context to support a cautiously optimistic outlook for 2019. Here are 10 charts providing a case for optimism in 2019: 1: The U.S. economy heated up in… Read More

Back to Basics: Registered Retirement Savings Plan (RRSP)

January 25, 2019
 Back To Basics, Client services, Frank's Update, Retirement Income, RRSP, SRSP, Tax, You First Financial
 Frank Mueller

We feel it is important to periodically review the basic tax-advantaged account structures available to Canadian investors. In this article, we’ll discuss the Registered Retirement Savings Plan (RRSP) and it’s sibling, the Spousal Retirement Savings Plan (SRSP). Who Will Make Best Use of an RRSP? You will benefit from an RRSP if you are working… Read More

Weekly Update – January 11, 2019

January 12, 2019
 Bank of Canada, Client services, Economy, Frank's Update, Inflation, Interest Rates, Investments, The Markets, Weekly Update, You First Financial
 Frank Mueller

“Faith is taking the first step, even when you don’t see the whole staircase” – Martin Luther King, Jr. TSX Finishes Positive for Sixth Straight Day, Wall Street Winning Streak Snapped Don’t look now, but the S&P/TSX Composite is on a Six-Day winning streak and is up 1,100 points (over 8%) since its recent bottom… Read More

Weekly Update – November 23, 2018

November 24, 2018
 Canada Revenue Agency, Client services, Economy, Frank's Update, Investments, Tax, TFSA, Weekly Update, You First Financial
 Frank Mueller

“Savings, remember, is the prerequisite of investment” ― Campbell McConnell Annual Tax-Free Savings Account Limit Increases to $6,000 for 2019 The annual TFSA increase rose from $5,500 in 2018 to $6,000 for 2019. You might be asking, “why the increase?”. The answer is that the annual dollar limit increase is tied to inflation and rounded to the… Read More