When the time comes, will you be ready? The transition to retirement can be a real challenge for many of us. In fact, a 2019 poll by a major Canadian fi nancial institution found that more than a quarter (27 percent) of retired Canadians regret retiring and an almost equal number (23 percent) have tried re-entering the labour market.
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WINTER2020-1
Accepting a severance package or forced retirement from work is a significant milestone. With the world an even more uncertain place in 2020, there is a lot to learn, and learn quickly.
The industry sector declined after Canadian National Railway Company and Canadian Pacific Railway Company Ltd. reported revenues and earnings below…
The Bank of Canada has signaled an improvement in the economic environment by reducing the emergency measures it put in place last spring to stabilize..
Canadian markets climbed last week with the driver being the better than expected economic data and the anticipation that another…
Here is the ClearWater Market Commentary as of October 2nd, 2020:
IN THIS ISSUE:
– Performance of Major Indices
– Market Commentary
– Last Week’s Key Economic
Events and Upcoming Events
Last week’s and next week’s key economic events:
The resurgence of COVID-19, the uncertainty related to the U.S. elections, and the lack of a new stimulus are driving down stock market indices.
it is only a matter of time before these vehicles are fully maxed. When this happens, there are a few additional options you may consider to continue receiving the benefits of tax efficient growth.
Feeling fearful when markets turn? Time for a risk reality check
Depending on your age and investing experience, the market downturn in March caused by the COVID-19 crisis may have been a real shock or just the latest in a series of unfortunate events in your investing life. Either way, these types of market gyrations bring to the fore our personal relationship with risk. While we may understand risk as a concept,
especially easy to do when the markets are up, it takes a serious downturn to face our emotional reactions to risk. If you’ve been feeling anxious, it may be time to reevaluate your tolerance for risk. Continue Reading
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ClearWater Market Commentary as of October 30th, 2020
Fears that the increase in COVID-19 cases would weaken the economy were compounded by the end of hopes for a pre-election fiscal stimulus package. In addition, fears that the presidential election results would be tighter also added further pressure on stocks.