With the March 1st deadline around the corner, it’s a good time to revisit your overall financial plan to determine if you should be making an RRSP contribution for the 2021 tax year. In January 2022, Canada’s inflation rate hit a 30-year high of 4.8% after months of articles and analysts identifying it as the number one investment risk for 2022. What is inflation? In short, inflation is the decline of purchasing power of a given currency over time, reflected in the cost of living.
It has been a long time since inflation has dominated news headlines. In January 2022, Canada’s inflation rate hit a 30-year high of 4.8% after months of articles and analysts identifying it as the number one investment risk for 2022. What is inflation? In short, inflation is the decline of purchasing power of a given currency over time, reflected in the cost of living.
The fall period is no stranger to volatility. Money managers are well versed in the September Effect1: which circles the calendar month as the only one with a negative return over the past 100 years. Then there’s October, which has been positive over the past century, despite notching up an impressive array of market crashes: 1907, 1929, 1987, 2001, and 2008, to name just five. Both reputations, however, are often viewed as historical quirks, attributed by many to seasonal behavioral biases as investors cash in on gains at the end of the summer.
SBW continues to add to its strong lineup with the addition of a former Vice President of a global investment firm.
