Category Archive for: ‘Financial Planning’

Keeping Perspective – The August 2015 Correction or beginning of a Bear?

Ken Stern, Aligned Capital PartnersNo Panic, No Sell.  No Sell, No Lose!With the summer doldrums and lots of people being away on holidays, we’re in the right frame of mind to deal with an event that seems a lot worse than it is. Since the 2008 stock market crash, share prices have been up in five of six years (2011 …

Read More

Know the Facts about dividends. They can be toxic when calculating OAS Clawback

Ken Stern, Aligned Capital Partners. This article was written by Wilmot George of CI Mutual Funds   As Canada’s baby boomers settle into retirement, many are being caught off guard by their complex financial situations. Getting the most out of Old Age Security (OAS), which for 2015 pays a maximum of $6,780, is a key challenge their advisors need to …

Read More

Don’t bank on an AVERAGE retirement. You could drown in a river with an average depth of 1 foot!

482478029

The four most dangerous words in long-term financial planning are, “Let’s assume I’m average.” Averages can play an extremely useful role in grounding our expectations and showing us what’s realistic and what’s not. They’re not, however, an infallible guide to how you should conduct your affairs, because they don’t show you the gap between worst and best cases. >>Read more

Read More

The Perfect Investment portfolio? No one knows what will happen next so it’s prepared for all environments, but committed to none.

MW CH862 Perfec 20140611164052 MG

Ken Stern, Aligned Capital Partners Like most people who write about finance, I have a problem. My job makes it effectively impossible for me to manage my own investment portfolio. When I first became a full-time investment writer back in 2007, I had to sell all my stock … in Diageo (I don’t even want to think about how much …

Read More

Ensure you don’t run out of money before you run out of breath!

Webpension

Shortly after my great-uncle and great-aunt retired, they came up with what seemed like a foolproof plan. They would take the modest pension that my Uncle Jim had accumulated since emigrating from Scotland, sell their house, and say goodbye to brutal Lake Erie winters forever. As my Aunt Mary told my parents, they intended to spend “the last few years …

Read More

A portfolio is like a bar of soap. The more you touch it the smaller it gets.

Worried

Ken Stern, Aligned Capital Partners Set up a long-term investment plan and stick to it. It’s easy to say and difficult to do. What makes it so hard are the inevitable market extremes, which range from “I can retire today” euphoria to “I hate the stock market” depression. At both ends of the spectrum, it’s hard to see how your …

Read More

Buy Low/Sell high is the secret to successful investing. Buy High – Sell Low? That’s backwards but most have a hard time keeping this discipline.

Ken Stern, Aligned Capital Partners If you think about it, Buy Low, Sell High is the secret to investing.  Logically, it’s tough for anyone to refute that statement.  So why is it so hard to do?  It’s simply because psychology gets in the way.  I’ve said many times that when it comes to money, psychology is more powerful than logic. …

Read More