Our Youth Are at The Crossroads of Their Life
Young adults must proactively steer their career towards success, writes Peter Watson. This generation of youth faces massive challenges and as a result people in that age group will have divergent career outcomes. Many will have a disappointing adult life. They will not be able to achieve financial success and therefore their desired standard of […]
Is Post-Secondary Education a Bad Financial Decision?
Canada needs to rethink the finances of post-secondary education, writes Peter Watson. How do we afford post-secondary education? Parents of children in high school start to think of the future cost of education. College is less expensive, and those students often live at home. University is more costly. A four-year degree with your child not […]
The benefits of your child having a summer job
Summer employment for students has all sorts of great benefits, writes Peter Watson. Many parents wonder if their children can find summer employment. The idea for my column stems directly from a conversation that I just heard on the radio. A mother explained that her child sent many requests for employment; however, only received very […]
Financial Concerns are Growing for Many Canadians
Economic uncertainty is a reality, so this is a good time to reevaluate your personal finances, writes Peter Watson. There are early warning symptoms that more Canadian borrowers are starting to struggle with their finances. It’s a combination of increased difficulty keeping up with mortgage and credit card payments. Plus, we are living in a […]
Government Spending Needs Better Management
Government spending should constantly evolve to reflect the needs of Canadians, writes Peter Watson. In conversations about government spending, it’s surprising how often I hear the same response. The government spends the way it does because that is the way it always has. You seldom hear that response when you’re talking about a business because […]
Tough Times Ahead for Homeowners
Homeowners face significant financial risks magnified by US tariffs, writes Peter Watson. The immediate financial risk facing many families is their home. For the last half century homeownership was the best investment many families made. Most often house prices appreciated and when they did not that unpleasant time was short-lived. It is no secret that […]
Will stock values plummet if we have a recession?
Understanding how stock markets work and how they have performed during recent sessions can educate investors about the potential stock value outcomes if we have a recession, writes Peter Watson. Will stock values plummet if we have a recession? That is a major question for many investors who worry that the current trade war with […]
Do You Need Financial Therapy?
Talking to someone about how you feel about the current stock market volatility can be beneficial, writes Peter Watson. When the stock markets are volatile investors can get depressed, worried and fearful. Then the dreaded question: What should you do? Should you get out of the market by selling your investments even though they might […]
The Good and Bad About the Federal Election
The federal election highlighted our democracy but there are areas that could be improved, writes Peter Watson. Most Canadians think this was a very important federal election. Let’s celebrate what was done well and acknowledge potential improvements. An election is similar to a contract. Politicians make an offer of specific policy and how they plan […]
Investor Behavior Risk Can Be Costly
Investor behavior can be more of a risk than investing in stocks, writes Peter Watson. There are two types of investment risk and the one that is based on investor behavior can often be the costliest. The timing of this article is Influenced by President Donald Trump introducing tariffs that caused significant stock market volatility. […]
