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Economic Crisis Teaches Important Lessons

If any good can come from an economic downturn it is that people are forced to think more seriously about their financial success strategy. Many people affected by the economic damage wrought by the recent COVID-19 pandemic will change their financial habits by cutting back on spending, reducing debt and increasing their savings. But, for many other Canadians, life will likely continue as usual where the pursuit of an optimal life style now overshadow concerns about future financial security.

Around the Office


We are about a third of the way through May of 2020. A year many of us will never forget! We are quite sure you are sick of watching too much television, reading a newspaper with little news that doesn’t contain the words Covid-19, and developing Facebook/Instagram and Tik Tok fatigue.

Investing Smart During Uncertain Times

Warren Buffett has a classic rule when it comes to market volatility:

“Be fearful when others are greedy and greedy when others are fearful”.

Investor anxiety normally tends to rise in step with market volatility because most people are concerned about trying to pick the best time to buy or sell. For instance, making investment decisions would be infinitely easier if there was complete certainty about when markets were headed for a bear market or a correction.

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