In the serene landscapes of rural life, two distinct types of farmers thrive - the chicken farmer and the egg farmer. While both operate farms, they adopt vastly different strategies. Mirroring the diverse approaches in the world of portfolio investing. This post explores these strategies and draws parallels with the investment philosophy of Warren Buffett, while describing why a time-tested...
Does investing in weapons sound like a socially responsible investment strategy? And, do weapons companies fit within an ESG investment portfolio? Many ESG investors would say, No! But, many ESG investors are also inadvertently investing in weapons companies through so-called ESG funds. So, this post will explain how weapons companies can find themselves in many ESG portfolios, and what investors...
Investment Memos highlight the distinction between well-considered financial decisions and hasty gambles. This unassuming yet powerful tool is pivotal in crafting a disciplined investment strategy, one that is guided by clear governance and a consistent decision-making process. Rather than by feelings and emotions. This post will describe how investment memos are a powerful tool for serious investors who support accountability....
Canadian investors are increasingly looking at alternative assets like gold and bitcoin as prices rise. And, with their unique characteristics, these alternative investments offer unique advantages for some. But, most investors should still avoid these types of investments. This post will give investors a unique perspective on investments like gold and bitcoin and explain how they may be used...
For wealthy investors, managing investment income goes beyond merely staying within favorable tax brackets. When personal income from dividends and interest is substantial, traditional income splitting between spouses may not suffice, as both parties could still end up in higher tax brackets. Therefore, it's crucial to think more broadly about income splitting and consider strategies that align with long-term financial...
Wealth can be a powerful tool in crafting a purposeful, fulfilling life. However, managing it effectively and living a balanced life can be challenging. Conduction wealth management for purpose is especially challenging. Here are five ways to live positively with wealth, ensuring it enhances your life and the lives of those around you. Before we begin, let’s put your financial knowledge...
How often should investors review their portfolio? And, when does it become too much or too little? Researchers have discovered that acting on a schedule with surprisingly long intervals is more sensible, even when transaction costs are low. In other words, excessively fussing over your portfolio is counterproductive, regardless of its affordability. Before we begin, take a break from reading...
Customized reporting is important, but investors often rely on reports provided by the managers of their investment accounts, but this reliance can lead to a skewed perception of performance. Investment managers, driven by a natural inclination to showcase their success, may present results in the most favorable light. This phenomenon, akin to viewing through 'rose-colored glasses', can mask underlying issues...
Consolidated reporting implementation may seem straightforward, but its complexity often leads to challenges for investors when producing meaningful reports. This post aims to simplify the process, addressing the needs of stakeholders like principal investors, advisors, accountants, and tax compliance professionals. Before we begin, let’s put your financial knowledge to the test. Try out our free financial literacy quiz and see how you...
Managing and transferring wealth across generations is a formidable challenge. And often, the most important element is the perspective of the family members, rather than any specific investment strategy. So, at our family office, we understand this journey is about more than just numbers and assets. It's deeply rooted in values based wealth management that will define your family's legacy....
