Investing can feel like an emotional roller-coaster, but great gains take time and patience
Long-term investors are advised not to try and time the market, writes Peter Watson. There are many reasons why you might attempt to time the stock market. But beware: timing the market can be a costly mistake. You might decide to sell your investment because of the negative research you have read or done on […]
Federal budget reveals Canada’s financial predicament
Canadians are suffering from decades of poor decisions made by both parties that have formed governments, writes Peter Watson. The Nov. 4 federal budget was our country sounding the alarm about how bad our financial position is and now has many of us realizing the many challenges that lie ahead. Financially, we are suffering from […]
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 […]
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 […]
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 […]
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 […]
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. […]
Formula for a Winning Investment Strategy
Following a simple investment strategy can lead to financial success, writes Peter Watson. It is very easy for investors to make mistakes when managing their investment portfolio. Many investors attempt to build their portfolio by choosing individual stocks to purchase or hiring a manager that would do that for them. The hope is to outperform […]