Learn From Mistakes of Two Political Leaders When Preparing for Retirement

Learning from the mistakes of two political leaders can make us understand how important it is to plan for retirement, writes Peter Watson. Beware when planning for retirement. Life does not always evolve as you might have hoped. Key assumptions are made about when you will retire, and the cash flow needed to maintain your […]
Technology Will Disrupt How We Live

Technological advancements will disrupt our lives, writes Peter Watson. Humans and technology are going to have to learn to coexist. The rate of advancements with technology including artificial intelligence and robots is staggering. This will continue to change how we live our lives. Humans, on the other hand, have evolved extremely slowly since the beginning […]
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 […]
Investment Regulation Can be a Negative for Investors

In our modern-day world regulation and compliance issues seem to be everywhere. My observation of regulation is it continues to get more complex and more time-consuming. That is certainly true in the investment business. On a positive note, I agree there should be a high standard of conduct for people providing financial planning and investment […]
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 […]
Will Trump Issues Cause a Stock Market Crash?

What we know from history is stock markets can be very volatile when the world is nervous, writes Peter Watson. There is potential for periods of nervousness ahead. Donald Trump, the former president, was recently found guilty on all 34 counts by 12 members of the jury. Immediately after receiving the verdict, he staged an […]
Investment Diversification Can be Misunderstood

Some investors misunderstand the importance of diversification, writes Peter Watson. The concept of having strong diversification with your investments can be misunderstood. Let’s consider the example of an investor who prides themselves on taking risks. That person is not afraid of risk and sometimes that characteristic can reflect the type of person they are. You […]
Financial Mistakes Should be Corrected

Correcting financial mistakes can help you achieve your financial objectives, writes Peter Watson. Everyone makes mistakes. That is normal, so consider that a characteristic of being human. Correcting mistakes does not always happen. We will consider this reality in the context of your personal financial planning. Long-term financial success can be achieved with a series […]
How a Flock of Birds Can be Similar to a Group of Investors

The instant changing pattern of a flock of birds can resemble the behaviour of investors, writes Peter Watson. This column is going to call on mother nature to help us understand how investors can react when making investment decisions. Have you ever noticed a flock of birds suddenly change course and amazingly all the birds […]