Author: Paul Fettes

Commentary April 2020

Share this…FacebookGoogle+TwitterLinkedinThis winter was a wild ride to say the least. Initially related to the US election and later gaining full steam due to the Covid19 coronavirus (the “virus”), the winter’s market pullback was anything but enjoyable. A dispute in

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Commentary January 2020

Share this…FacebookGoogle+TwitterLinkedinA year has passed since markets made their big dip at the end of 2018. While the rise from that dip dominated investor thinking in the early part of 2019, later in the year investors started wondering “where to

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Commentary October 2019

Share this…FacebookGoogle+TwitterLinkedinAs summer turned to fall the US trade negotiations with China took centre stage since a scheduled October negotiators’ meeting was fast approaching. Onto that was layered the President Trump impeachment possibilities stemming from President Trump and his footmen’s

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Commentary August 2019

Share this…FacebookGoogle+TwitterLinkedinThis summer we saw the end of the winter’s equity market recovery in April, followed by big market fluctuations through the summer months. This was driven in large part by the interplay between the US Federal Reserve and the

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Rainmaker or Storm-maker? Is this roller coaster coming from Trump?

Share this…FacebookGoogle+TwitterLinkedinRecently we in the investment world have been coping with the uncertainty related to the combative trade negotiations between the USA and China. When faced with the Trump regime’s caustic approach to trade negotiations, other nations (e.g. Canada and

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Commentary April 2019

Share this…FacebookGoogle+TwitterLinkedinAfter the steep descent many markets experienced leading up to Christmas of 2018, this winter we witnessed a significant and broad-based recovery. This has led stocks in many cases back to relatively lofty levels although upcoming reports will tell

Posted in All Archives, Investment, Uncategorized

Commentary January 2019

Share this…FacebookGoogle+TwitterLinkedinWith stock markets pulling back in the 17%-20% range before recovering, this fall various market concerns that were percolating under the surface began to impact securities markets. From economic cycle factors to international geopolitical factors, several started to weigh

Posted in All Archives, Financial Planning, Investment, Risk Management

Market Pullbacks

Share this…FacebookGoogle+TwitterLinkedinIn the past couple month, the increased volatility of investment markets has led two clients to write to get my sense of the market situation and how/if we should react to that. With the sense that the voices of

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Commentary October 2018

Share this…FacebookGoogle+TwitterLinkedinThis summer markets were heavily influenced by central bank activity, raising interest rate outlooks, as well as continued geopolitics related to the US connections to NAFTA, Iran, and China. Later some stabilization emerged but overhanging factors still linger. Bonds

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Commentary July 2018

Share this…FacebookGoogle+TwitterLinkedinAfter a January surge and pullback, market sentiment through the spring has been driven largely by the ups and downs of geopolitics. Meanwhile fundamental analysts work to see through the fog of the political posturing, observe the true economic

Posted in Risk Management, Uncategorized

Real Estate Capital Gains Tax: Budget 2017

Share this…FacebookGoogle+TwitterLinkedinWhat’s your game plan for winding down your Capital Gains tax liability? Yesterday Canada’s Finance Minister presented the government’s latest budget. there had been many fears about the potential increase of capital gains taxation. To do so would not

Posted in Estate Planning, Financial Planning, Investment, Risk Management, Tax, Uncategorized Tagged with: , , , , , , , ,

TFSA limit boosted – does it change your estate planning game plan?

Share this…FacebookGoogle+TwitterLinkedinIn the just-released federal budget, the TFSA limit was increased from $5,500 to $10,000/person/year. The new $10,000 amount is not indexed so don’t expect it to rise annually. Does this impact your financial plans? Consider this: Historically spouses often

Posted in Estate Planning, Financial Planning, Tax

4 Ways High Earners Should Adjust for New Spousal Tax Laws

Share this…FacebookGoogle+TwitterLinkedinIn recent months the Canadian government has mused about the potential for changes in the tax code so that Canadian couples can start filing their income tax returns jointly once the budget is balanced. Most people outside the financial

Posted in All Archives, Financial Planning, Tax

Buffett and Gates on Success

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Cars and Corporations

Share this…FacebookGoogle+TwitterLinkedinMany small business owners ask the perennial question of whether they should own their car within the corporation or personally. There are several factors that go into answering that question, such as: -how many kms will you drive in

Posted in Financial Planning, Risk Management, Tax

Is 4% an Unsustainable Withdrawal Rate

Share this…FacebookGoogle+TwitterLinkedinHistorically, 4% was thought to be the withdrawal rate the average portfolio could withstand on a long term basis without eating into capital. Recent research indicates that in today’s lower investment return environment, maybe that’s no longer sustainable. We

Posted in Financial Planning, Investment, Tax