Each week, our team publishes a blog and webcast.
About 4 years ago, we got the thumbs up from the Ontario Securities Commission (“OSC”) to start a business on February 1, 2022, in what is called the “portfolio manager category”. Unlike a doctor or lawyer – who can practice medicine or law – managing money is a bit more complicated. It’s somewhat like a […]
The Greater Toronto Area real estate market has officially dipped below the $1 million mark for the first time in five years, with the average selling price for all home types landing at $973,000 last month. This contraction represents a 27% price decline from the market’s all-time peak in February 2022. I’ve heard many people […]
The RSP contribution deadline for the 2025 tax year is Monday, March 2, 2026. Contributions made by this date can be deducted from your 2025 taxable income. The maximum contribution limit is 18% of earned income, up to $32,490. Depending on your personal situation, it doesn’t always make sense to contribute. Contributing to an RSP […]
The investments you don’t own are often just as important as those you do. After years of strong performance, software stocks have had their largest non-recessionary drawdown in almost three decades. One exchange-traded fund (called the iShares Expanded Tech-Software Sector ETF), which is a basket of software stocks, is down nearly 25% so far this […]
Last week, Donald Trump announced he would nominate Kevin Warsh to be the next Federal Reserve Chair, a move that surprised plenty (including us, since we thought Rick Rieder would be selected). The market did not take the announcement well. Many attributed the selloff to Warsh’s criticism of easy-money policies and the large expansion of […]
While leadership changes at the Fed can spark uncertainty, the S&P 500 historically rallies whenever a new U.S. Federal Reserve Chair is appointed. In fact, going back to 1970, the S&P 500 has gained 12.7% in the twelve months that follow. This data is particularly timely, as Jerome Powell’s term ends on May 15, 2026. […]
In the world of behavioral finance, there is a well-documented phenomenon known as loss aversion. Nobel Prize-winning psychologists Daniel Kahneman and Amos Tversky found that the pain of a loss is psychologically twice as powerful as the joy of an equivalent gain. Statistically, most investors require at least a 2-to-1 gain to offset the emotional […]
This time last year, California was engulfed in devastating wildfires. Thousands of acres of property were destroyed, and it didn’t take long for fingers to point at Edison International (“EIX”). Consequently, the stock plummeted over 30% over a matter of days, wiping out almost $10 billion in the stock’s market value. The investigation into whether […]
Over the weekend, the United States took control of Venezuela’s oil assets. Given Venezuela’s vast oil reserves, it has naturally raised questions about whether Canadian oil producers should be concerned. On paper, Venezuela’s oil reserves are enormous. The country holds close to 17% of the world’s oil reserves, roughly 300 billion barrels, more than Saudi […]
By: Sunni Schneider Nuge Schneider would have turned 87 years old today. While he never knew this firm would be created, I am certain he would be proud to know that I am a founding force behind it. I have many fond stories about my dad, but there is one in particular I wanted to […]
