It has been said that Canadians love their big banks…this may be true but evidence suggests an increasing number of Canadians choose to engage the services of investment advisors who are totally ind...
RESP - The Definitions
With rising costs of living and education more and more people are taking advantage of the Registered Education Savings Plan (RESP).In Canada we have a program to help us save for education by offerin...
What's going to happen in 2014
Below is a complilation of the outlook for 2014. Highlights include, The Economy, Jobs Growth, Market Forcasts and much more.Blackrock Investment Institute - 2014 Outlook ...
[Video] - How The Economic Machine Works
In this video we are privileged to have one of the most succesful investors on the planet, Hedge Fund manager Ray Dalio of Bridgewater Associates explain how the economic machine works. I have al...
A meeting with Norm Lamarche
Last week I had the opportunity to sit and listen to a presentation at our head office by Norm Lamarche.Norm Lamarche is a veteran investor who has made a name for himself over years by bringing treme...
Investment and Market Commentary
The amount of information available in the financial services world is outstanding and overwhelming. It can be frusterating as there are so many contrarian views, and articles written by non-professio...
What is a TFSA?
TFSA stands for a Tax Free Savings Account.The account basically allows you to save and invest without having to pay any taxes on the returns you generate from those investments. The government create...
A Story About How Markets Work
Once upon a time, a drought comes over the land and the wheat crop fails. Naturally, the price of wheat goes up. Some people cut back and bake less bread while others speculate and buy as much wheat a...
Risk Free Return or Return Free Risk?
It is interesting how herd investing and recency bias works. People often make poor investment decisions because they "Follow the Herd" and do what everyone else is doing and most people think what ha...
Breakfast with Dan Bastasic
I had the privledge the other day to have breakfast with vetran fixed income investor Dan Bastasic. Dan has recently moved to IA Clarington from Mackenzie Financial. He now manages a corporate bond, e...
[Video] - Everything you need to know about finance and investing - Bill Ackman
In todays world with a suplus of information available, it is very easy for people to get overwhelmed on the topic of investing.Through time not much has really changed. The fundementals of how a busi...
A coffee with leading fixed income investor Scott Colburne of Sprott Asset Management
Sprott Asset Management has a history of outperformance, and cutivating leading investment managers.I had the privilege last week to sit at our boardroom table in Toronto over a coffee with Scott Colb...
I don't want to invest my money now because...
A lot of investors are worried these days and rightfully so, there is a lot of uncertaintly in the world right now. Whats interesting is that there has always been uncertainty and reasons why "not to...
Newsletter - October 2012
Here is a fall newsletter produced by our team, and investment dealership Banwell Financial Inc.“Quietly, ever so quietly corporate earnings in America are going to an all-time high.” Fred Sturm,...
The Paid to Wait Strategy
Our Paid to Wait Strategy consists of owning a broadly diversified portfolio of select sovereign bonds, corporate bonds (investment grade and high yield), real estate investment trusts (REITs), divide...
The Story of Mr. Market
Alot of people lose a lot of money investing. Many times the reason is because they let Mr. Market take advantage of them...This story was written by father of value investing Benjamin Graham in his c...
The Three M's of Mutual Funds
Mutual funds get alot of flack, and dont get me wrong they should there is a lot of terrible funds out there...But dont kid yourself, there is also great money managers out there who can do a far bett...
RRSP 101 - Deferral
An important thing to understand about RRSP‘s is the concept of Tax Deferral. What does this mean?Tax Deferral–This simply means that you will not have to pay tax on the money that your money make...
Useful Calculators
Check out these great useful calculators that will help you understand and get organized with your financial affairs. Send us a message if you would like help using or understanding one. Financia...
RRSP 101 - Deductions
Alot of people arent totally aware of how the RRSP tax refund works, so I am going to do my best to explain it to you. I think it is important that people understand the pros and cons of RRSP`s and wh...
How long until my money doubles???
Someone asked me the other night "Hey Mr.Cook, how long will it take to double my money?"...Now one would think that this is a question that is impossible to answer...However there is actually a very...
A common misunderstanding about TFSA and RRSP
I am constantly explaining a common misunderstanding to people. They are not aware of their freedom with their RRSP's and TFSA's.Let me explain...What most people think is that these are accounts that...
Gold, Platinum and Silver
Throughout history, gold has represented wealth and power. The value of gold has withstood the test of time and today remains (increasingly) an essential part of the foreign exchange reserves of...
TFSA - Not your average bank account
One of the most common misconceptions is that a Tax Free Savings Account is just a checking account that you get at the bank. Although some Banks offer a superior savings rate for a TFSA, you could be...