Business Wealth

The financial advice industry has always been a place of change, and yet certain old practices hang around for decades. Our guest today, Dennis Moseley Williams, is all about moving things forward for the good of the client and the advisor.

There was some good news recently for the cause of investor protection when all but one of Canada’s 13 securities regulators announced they’ll ban deferred sales charges (DSC) on mutual fund sales.

I came across an interesting article recently about the Norwegian Oil Fund, the largest sovereign wealth fund on the planet. The Norwegians certainly showed admirable foresight in setting up the fund after oil was discovered in the North Sea in 1969, according to the article, which summarizes a talk given by Anton Mork, an economics professor at the Norwegian University of Science and Technology.

The dot.com bubble seems pretty far away, especially given how much has gone on since 9/11, the financial crisis, the election of Donald Trump to name just a few of momentous events. Nevertheless, there is much to learn for today’s investors from the late 90s mania that sent Internet stocks rocketing to the stratosphere.

Last month, the CEOs of 181 U.S. corporations released a statement committing to a vision of business that is bigger than the single-minded pursuit of profit.

You may not realize it, but if you’re a Common Sense Investing fan, you probably already invest in real estate. For example, the iShares Core S&P/TSX Capped Composite Index ETF (XIC) includes a 3.44% allocation to real estate. The iShares Core S&P U.S. Total Market Index ETF (ITOT) has a 3.89% allocation, and the iShares Core MSCI EAFE IMI Index (XEF) has 5.06%.

Since the founding of PWL Capital, we have adhered to the principle that our clients’ interests must come first in all our interactions and decisions.

With low interest rates, fewer defined benefit pension plans and longer life expectancies, more people than ever are concerned about outliving their savings in retirement.

At long last, the Ontario government is regulating who can use the titles of financial planner and financial advisor in the province.

Sorry to ruin the suspense, but here’s my answer to whether I think market-timing ever works: No. I’ve looked at an overwhelming amount of evidence, and I have yet to find a rational reason for trying to dodge in and out of the market.