Human Creativity is Our Advantage to Thrive with Artificial Intelligence
Human creativity is our advantage to succeed in the world with artificial intelligence, writes Peter Watson. The concern for many is if artificial intelligence will make humans obsolete. It sure feels that way for some people. We have smartphones and artificial intelligence. The tools we use in modern-day life are advancing at a very fast […]
Why Increased Defence Spending is Good for Canada
Increased defence spending will enhance Canada’s competitiveness, writes Peter Watson. Increasing our defence spending will have significant benefits to the Canadian economy and our international competitiveness. There are two aspects to defence spending. The first is to remain strong to protect ourselves against potential enemies. Remaining strong includes living up to our obligation with other […]
Trump’s Tariffs Might Backfire on the US Economy
President Trump’s tariffs could be costly to his country, writes Peter Watson. In simple terms a tariff is nothing more than a tax that the United States charges on goods imported to their country. For example, if an Ontario wine producer exported their product to the US it would be sold like any other product […]
Knowledge is a Key to Investing Success
Using what is known about investing should lead to better investment results, writes Peter Watson. Some of the keys to successful investing were discussed during a summertime interview on Bloomberg with David Booth, Co-founder, and Chairman of Dimensional Fund Advisors. I will give the key comments of the interview and then provide information to support […]
Canada Needs to be Brave and Bold
Our country needs a brave and bold fiscally responsible future, writes Peter Watson. Canada has a huge opportunity and that comes with challenges. Let’s consider both from a financial perspective. A new world order for trade is evolving. The one thing we do know is that our future will be different. We are a young, […]
Why women are better investors than men
Men can benefit by understanding why women are often better investors, writes Peter Watson. Women are better investors than men. It is not because of what women do but what they do not do. Let us consider what is known about investing. Excess trading can reduce your investment returns. Despite how confident you are about […]
Why it’s important to have a financial plan when times are tough
The key to overcoming financial challenges is to have a written financial plan, writes Peter Watson. There are reasons why many people feel uneasy about retirement. This can apply to those who are currently retired and those who worry that they should be financially self-sufficient when their time comes to retire. We should start by […]
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 […]