Leo’s Blog | The Latest News

Security Financial Update

It looks like 2018 will be the first year since 2008 where all the major indices are negative for the year.  Since 2008 we had an upward trajectory in the market with no recession since the Great Recession of 2008-09.  We are now showing signs of a late-cycle market...

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Control Your Destiny, for Clients’ Sake

Hard to believe the summer is almost over, my children are already going back to school next week and I ask myself where has the summer gone? In any event, I wanted to share with you a featured article I wrote for BMO Global Asset Management’s newsletter. In it, I...

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Feature in BMO Insight Magazine

I wanted to take this opportunity to share my interview with BMO Global Asset Management Investment Review. I was featured in their Insight magazine which is an industry publication. I discussed my philosophy about the framework for constructing client portfolios. The...

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Late cycle: don’t be a ‘deer in the headlights’

2018 marks year #10 since our last global market downturn.  To place this into context, historically a market correction-recession typically happens every 5-6 years.  As you can appreciate we are well beyond those statistics which leads me to believe we are closer to...

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Fundamentals or hype?

Does the average person buy a stock/business because they understand the business model, they understand it’s competitive intelligence, it’s barrier to entry for the competition, and their financial position?  Or do they buy based on hype?  I am writing this note due...

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Is the Canadian economy losing steam?

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...

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Security Financial Deposit Group – competitive GIC rates

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...

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Canadian Consumer Data

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...

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