Making Sense of 2018

Jan 30, 2019 |Alan MacDonald

Here are the results from around the world in 2018 was a tough year for markets, including the fixed income markets (preferred shares in particular).

Read More

Winning The Investment Game

Dec 13, 2018 |Alan MacDonald

But if short-term results are not always in your favour – how do you judge whether you have the right portfolio? There must be some type of criteria that can be used outside of whatever happened in the market yesterday.

Read More

Growth means complexity

Oct 30, 2018 |Alan MacDonald

Our longing for simpler days isn’t just a personal thing. Some might argue that Donald Trump convinced about half of the U.S. population that they are living in the worst time in U.S. history. And in spite of a dramatic increase in living standards,

Read More

Financial Planning versus the Reptilian Brain

Jul 19, 2018 |Investment Committee

When America was reeling from Pearl Harbor. Gold would appear a safe bet in such a time, but $10,000 invested in gold back then would give you $400,000 today – somewhat less than the rate of inflation...stocks would deliver about $51,000,000

Read More

Solving The Wrong Problem

Jun 13, 2018 |Investment Committee

But, as warren Buffett has pointed out on more than one occasion, this conventional definition of risk taught in business schools, and how risk is normally measured in a portfolio – is wrong. Volatility and risk are two different and important issues

Read More

Investment Bubbles - Can They Be spotted?

May 14, 2018 |Alan MacDonald

while bubbles are self-evident in retrospect, they are very difficult to see in the moment, particularly if you accept rising prices as evidence of value. A clue in the recent case of Bitcoin would be that only 8% of Bitcoin owners said they bought

Read More

How concerned do we need to be about market declines?

May 01, 2018 |Alan MacDonald

The current threats of global trade wars, heavily indebted consumers and populist politicians might be reasons to worry, they’re probably not reasons to panic, sell growth investments in favour of bets like gold or stow your cash under the mattress.

Read More

Financial Chaos or Control

Apr 18, 2018 |Alan MacDonald

People are who they are, but in many cases they end up in a place they don’t want to be as a result of their behaviours. Those swimming too close to the rigidity bank may enforce a relentless series of rules on themselves and those all around them.

Read More

Financial planning and a financial plan – two different things

Mar 26, 2018 |Alan MacDonald
  I occasionally have the pleasure of meeting with a client who is going through some big life changes. One example I often recall is a client who had recently sold her house for much more than expected. In addition, her dividends out of her corporation...
Read More