by Securityfinancial | Feb 6, 2018 | Leo's Blog
I wanted to provide feedback on the recent market downturn. This activity is not a bear market which is defined as 3-6 months of a market downturn, rather a market correction that is long overdue – and perfectly normal when you look at historical trends. Since March...
by Securityfinancial | Jan 26, 2018 | Leo's Blog
I wanted to pass along an interesting article from Wealth Professional Canada regarding Canadian’s struggles with the inevitable rising interest rate environment. Whether it be a mortgage or an investment loan, a minimal uptick in interest rates would mean less...
by Securityfinancial | Nov 6, 2017 | Leo's Blog
The Canadian economy contracted in August — its first monthly pullback since October last year. Statistics Canada said Tuesday real GDP shrank 0.1% in August, following essentially no change in July. The Canadian economy began 2017 with strong growth through the first...
by Securityfinancial | Oct 19, 2017 | Leo's Blog
Over the years clients of the firm have been asking about GIC deposits and unfortunately I always turned that business away as there was no offering in place. Today I am pleased to announce the launch of Security Financial Deposit Group! Security Financial Deposit...
by Securityfinancial | Sep 15, 2017 | Leo's Blog
Lately, there has been much media hype about the Canadian economy, and the data seems to suggest we are certainly experiencing growth. However, one pressing question remains – how much of this growth will actually be felt by the average Canadian? Recently, the...
by Securityfinancial | Sep 7, 2017 | Leo's Blog
The Bank of Canada made a decision today which caught many investors by surprise: they decided to raise interest rates for the second time this year, taking the lending rate to 1% from 0.75%. Many analysts and pundits had priced in an almost certain hike for October,...
