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 […]
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. […]
Why investors should proceed with caution
Investors beware, this year will have many challenges, writes Peter Watson. The year is off to a rocky start. We have many challenges, and it is recommended that investors proceed with caution. President Donald is demanding trading partners, including Canada, pay a costly tariff to sell goods in the United States. Also, he has consistently […]
Use Technology to Help you With Your New Year’s Resolution
Using technology can be useful in achieving your New Year’s resolution, writes Peter Watson. This year’s New Year’s resolution comes with a suggestion that you increase your chances of success by using technology A starting point is to decide what life objective do you want to build towards. Do you have a dream wish? Examples […]
Be Proud of Your Financial Accomplishments
Be proud for all you have achieved this year, writes Peter Watson. The holiday season is a perfect time to be proud of all you have achieved during the year. Take satisfaction of your most significant life goals that you are working towards. Yes, most work hard at a job, cope with the high cost […]
Many Older People Need Better Financial Advice
Many older Canadians are not getting the proper financial advice, writes Peter Watson. The quality of the financial advice you get from your advisor is both understandable and concerning. Younger investors aged 18 to 34 are not happy with their financial advisor, according to a Vanguard study. Only just over one in three felt they […]
Better financial management is needed in Ontario
There is a level of hypocrisy on how our Ontario government implements financial management, writes Peter Watson. On a positive note, starting next year Ontario students must achieve 70 per cent on a financial literacy test as a requirement to graduate from high school. Education Minister Stephen Lecce said one of the skills taught will […]