Leo’s Blog | The Latest News
Have You Reviewed Your Risk Management Plan
I wanted to bring to your attention an area of interest that is becoming front and centre for existing clients of mine. Namely, risk management. I am not referring to risk associated with the equity markets, rather the risk associated with the loss of an income on the...
Dollars & Sense via TD Economics
For those contemplating cross-border shopping in the U.S, purchasing a home outside of Canada, or simply travelling abroad, you should consider the prospects of a weaker Canadian Dollar. I enclose a report from TD Economics on their forecast of the Canadian Dollar...
Gold Enters Bear Market
Just wanted to touch base and briefly remind you why we took such a diversified and defensive position in our portfolio. One cannot predict when and where the next downdraft in a security or commodity will take place. For example, look at the carnage in the metals...
2013 Federal Budget
The 2013 federal budget was released on March 21, 2013 and a number of new tax rules were proposed. During difficult economic times our government's main focus for raising revenues was aimed at eliminating tax “loop-holes” and perceived tax advantages. A summary of...
World Bank Cuts Growth Forecasts
As you can appreciate, my sentiment was cautious leading into the end of 2012 with the Bush era tax cuts set to expire. As suspected, U.S Congress came through at the last minute with their usual political posturing leading to the final vote. Now that we avoided the...
Another Term For Obama And The Effect On The Canadian Economy
I read the enclosed article in one of my trade newspapers. I thought you may find it quite interesting as it relates to the upcoming U.S presidential election. The objective is not to share my political views rather offer you CIBC’s opinion of the possible outcome....
Canadian Mortgage Changes
If you look at any recent housing market survey, you'll notice a common trend. The Canadian real estate market is cooling, but definitely not popping. In spite of this, the Government of Canada has announced more changes to government-backed insured mortgages in the...
Centum One Mortgage Rates
As a part of our on-going commitment to enhance our client's experience at Security Financial Services, we recently launched our revamped website which now includes a "Mortgage Rates Section" that posts our most competitive rate via Centum One offerings which are...
10 Market Rules to Remember
I read an interesting article and wanted to share it with you. It's nothing new but it reinforces the very basic rules of investing and how it relates to historical patterns, human emotion, and downright logic. Source: Advisoranalyst.com, The Big Picture 08/17/08,...
2012 Federal Budget Highlights
The March 2012 federal budget introduced various tax measures and credits aimed at seniors, families, registered plans and small businesses. Rather than trying to summarize every change I will focus on some aspects that I think will be of interest to you as investors....