When new people come to see me, they typically need 2 main services from me; Risk Management (Insurance) or Investment Advice. I provide a variety of services that fall under either of these 2 categories. From Insurance policies and plans for Personal or Corporate clients, to Health and Dental plans, to Investment Products and services such as RRSPs and Mutual Funds.
Have you thought about RESPs for your children? Did you know you could buy RESPs for your grandchildren?
Come in or phone me today 403-502-5257.
In 2010 the Canadian S&P/TSX Composite Index benefited from strength in commodities such as gold, oil, copper and potash to become one of the world’s best-performing markets. U.S. equities also moved up, with sectors such as industrials and consumer discretionary products among the leaders. It’s worthwhile to note that those sectors are cyclical – they perform best during a period of economic growth. Overseas, equities in emerging markets and Asia also rose, while European stock markets were mixed. Equity indexes in those countries with the biggest debt problems were down for the year.
Why have so many markets rallied despite what seems to be an inhospitable environment? Stock markets are a leading indicator – they tend to anticipate future developments rather than reflect what is happening now. Judging by the results of the past year, equity market investors are expecting continued recovery and growth.
Indeed, there are several factors supporting a positive outlook. The economy has continued to grow in all major regions of the world in 2010, including Europe. Although government and consumer debt levels are a concern, many corporations are in good shape, with strong balance sheets. This has left them well positioned to take advantage of some of the key trends in the global marketplace – such as the robust growth in emerging markets. Bond markets are also pointing to a strengthening economy, as indicated by the increase in U.S. bond yields in the fourth quarter.
Of course, events may conspire to change this outlook. That is why I suggest investing according to a sound financial plan, having a diversified portfolio tailored to your individual circumstances, and maintaining a long-term view for your equity investments.
If you have been reluctant to invest in capital markets, you should consider conservative investment strategies such as:
Dollar cost averaging, in which you invest a predetermined amount on a regular basis, taking the emotion out of investing. Reviewing and perhaps rebalancing your portfolio’s asset allocation, which involves adjusting the mix of equity and fixed-income investments.
Do you know that any child born in 2005 or later has $800.00 of free Education Grant money available from the Province of Alberta? Not only that, but for every $100 that you contribute to your child's or grandchild's RESP, the Federal Government contributes an additional $20 of free Grant money. To set up your plan today, please contact me by phone (403-502-5257) or email  info@kenserr.com
|
Children's Wish Foundation