What Happened on Monday and Tuesday? The acceleration of new coronavirus cases outside China over the weekend raised investors’ concerns over its potential ability to damage global growth. On Monday, the DOW fell over 1,000 points yesterday as U.S. equities suffered their worst daily drop in two years, finishing down 3.4% on the day. Emerging… Read More
The Smof Investment Blog
Welcome to a new year and a new decade! Before we begin, we would like to extend our sincere wishes for a happy new year to you and your family. We would also like to thank to you for your continued trust in us and for the opportunity to assist you in working toward your financial goals. Should you have any questions about your… Read More
Starting this year, our weekly briefs will look slightly different. Generally, each Friday we send out a weekly brief with market numbers and supporting economic data. We have concluded that a weekly reporting of the “economic noise” is not insightful for most investors. Moving forward, we’ll simply report the weekly numbers and limit the economic updates to a quarterly basis…. Read More
The past decade has seen a lot of positive evolution for Socially Responsible Investing (SRI). 10 years ago, only a few investment firms offered SRI options, and these funds were usually viewed as niche offerings with higher management fees and lower returns. This is certainly not the case today. In the past three years, Royal… Read More
We hope you all enjoyed your summer. The weather in New York was not always perfect, but a smoke-free August was certainly appreciated! Here is where markets stand for 2019 (year-to-date return as of August 30. Foreign market returns are expressed in Canadian dollar terms): –TSX (Canada): 14.8% –DOW Jones (U.S.): 10.5% –S&P 500 (U.S.): 13.9%… Read More
“A successful marriage requires falling in love many times, always with the same person” – Mignon McLaughlin Wedding Announcement! After a 30-year courting period, we are proud to announce that Odette Morin and Terry Broaders tied the knot in a private ceremony at Stanley Park on Friday, July 26th. Staying true to their financial… Read More