The Trap of Past Performance
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Have you ever known a friend who bought an investment just because it had a massive run-up the year before? It is a completely natural human instinct. We are hardwired to look for patterns and gravitate toward what feels successful. If a specific investment just posted a large annual return, it feels incredibly reassuring to put our money there.
But in the investing world, relying on what feels immediately safe is often one of the riskiest moves you can make. It is the financial equivalent of trying to...
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Starting Out on the Right Track
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A wedding day can be a springboard into many new and exciting adventures. With all the excitement leading up to the big day, the new couple routinely focuses so much energy on planning the event that they seldom spend any time discussing other important life issues – like developing a sound financial strategy for the future.
As couples embark on a new life journey together, it is important to take time to discuss life goals, hopes and dreams and then commit to incorporating each element into an overall...
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Bridging Retirement Income Gaps
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What happens if you retire before you’re officially "supposed” to? Whether you’ve decided to "hang up your boots” early or life "threw you a curveball”, retiring before age 60 or 65 could leave a bit of an income gap. That’s because you can’t fully tap into the Canada Pension Plan (CPP) until you’re at least 60, and Old Age Security (OAS) doesn’t kick in until 65.
So, how do you pay the bills during those bridge years without surrendering a fortune to...
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| Online Resources
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Develop a passion for learning. If you do, you will never cease to grow.
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Anthony J. D’Angelo
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The information provided is general in nature and is provided with the understanding that it may not be relied upon as, nor considered to be, the rendering of tax, legal, accounting, or professional advice. Readers should consult their own subject matter experts for advice on the specific circumstances before taking any action. The opinions expressed are those of the owners and writers only. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Please read the prospectus of the mutual funds in which you invest. Mutual funds and segregated funds provided by the fund companies are offered through Worldsource Financial Management Inc., sponsoring mutual fund dealer. All other products and related services are offered through Mayrak Financial Solutions Inc.
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Mayrak Financial Solutions
4832 Huron Heights Dr, Mississauga, ON L4Z 4H8
Ph: (905) 501-0438
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