The You First Blog

“We really can’t forecast all that well, and yet we pretend that we can, but we really can’t” – Alan Greenspan 2019 Mid-Year Outlook During this time of year, most investment firms release a mid-year or 3rd quarter market outlook. As usual, some indicators are supportive of a rising market, while others are not. We’ve culled… Read More

“I’m spending a year dead for tax reasons” – Douglas Adams TSX Reaches All-Time High The Toronto Stock Exchange’s S&P/TSX Composite Index closed up 68.57 points, or 0.41%, to finish at 16,612.81, passing the previous high of 16,567.40 reached on July 12, 2018. The main index has increased for the fourth straight week. CRA Tax… Read More

“Keep every promise you make, and only make promises you can keep” – Anthony Hitt  2019 B.C. Provincial Budget Announced The B.C. New Democrats released their second provincial budget this week. While the budget mostly stuck to the script, there were a few surprises. Here are some key takeaways: The B.C. Child Opportunity Benefit. A… Read More

“The average pencil is seven inches long, with just a half-inch eraser – in case you thought optimism was dead” – Robert Brault TSX Winning Streak Continues, Hits 11 Days The S&P/TSX Composite gained ground each day this week and is now on an 11-Day winning streak. It is still very early in the year,… Read More

“The individual investor should act consistently as an investor and not as a speculator.” – Ben Graham Happy New Year!  We hope you enjoyed the holidays. Here are the returns of the major indexes in 2018: North America The TSX closed at 14,323 for the year. YTD the TSX is down -11.64%. The DOW closed… Read More

“In the New Year, never forget to thank to your past years because they enabled you to reach today! Without the stairs of the past, you cannot arrive at the future!” – Mehmet Murat Ildan Weekly Update – So Long, 2018 For the last time in 2018, we will leave you with our tax- and investment-related… Read More