Guiding you along your financial journey
Q2 2021 Performance Update The second quarter of 2021 was another good one for ModernAdvisor’s portfolios; all of the Core and SRI portfolios were positive for the quarter, and all are now positive for 2021. Equity markets in Canada and abroad performed well as did real estate investment trusts, all of which contributed positively to our portfolios’ performance. Fixed income […]
June was another good month for the equity markets, while fixed income continued to recover their first quarter losses.
In our previous blog post, we discussed several roadblocks to retirement. In far too many instances, those roadblocks prevent Canadians from achieving the comfortable retirement they desire. In this post, we shift our attention to what happens after we retire, and some of the more common pitfalls that plague Canadian investors in retirement. Let’s explore ModernAdvisor’s “Top 3 Retirement Traps”. […]
Enjoying a comfortable retirement is common goal for most all Canadians. As such, a retirement savings strategy is a key element of most any comprehensive financial and retirement plan. To assist us, there are countless financial advisors, retirement planners, and online tools and resources available to help us determine how much we should save in order to reach our retirement […]
May was another good month for the equity markets, while fixed income recovered a little of the losses from the first quarter.
A client recently contacted us with the following concern: “I took some time off work for maternity leave when I had my child. Now I have returned to work, and I have been notified that I have the option to buy back my pension. What does this mean, and should I do it?” A pension buyback, also referred to as […]
Q1 2021 Performance Update The first quarter of 2021 was a good one for ModernAdvisor’s portfolios; with the exception of risk level 1, all portfolios were positive for the quarter. With equity market performance being strong, you’d expect performance to be strong from portfolios that use index ETFs, so with bond markets having their worst quarter in decades that was […]
Albert Einstein reportedly said, “Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn’t, pays it.” When it comes to investing, there are two very important keys to success: harnessing the power of compound growth, and starting early. Let’s take a look at each of these concepts, beginning with compound growth. (Note […]
