The You First Blog

“In the old legend the wise men finally boiled down the history of mortal affairs into a single phrase: ‘This too will pass’” – Benjamin Graham   The Stock Market Pulls Back This week, markets pulled back in a noticeable way. The S&P/TSX Composite Index finished down 3.3%; the S&P 500 was down 3.9%; the… Read More

“About the time we can make the ends meet, somebody moves the ends” – Herbert Hoover Anthony’s Financial Brief – 2018 Mid-Year Review Following a particularly volatile start to the year in the first quarter, many global equity markets delivered somewhat steadier returns in the second quarter. The MSCI World Index finished the period with… Read More

“I am proud to be paying taxes in the United States. The only thing is I could be just as proud for half of the money” – Arthur Godfrey TSX Rises for 6th Straight Week The Toronto Stock Exchange’s S&P/TSX composite index rose by 39.22 points (0.25%) on the day to close at 15,857.22. This… Read More

Effective September 5, 2017, the financial industry in Canada and the U.S. has reduced the trade settlement cycle for purchases and redemptions from three business days (“T+3”) to two business days (“T+2”) after the trade date (“T”). This change stems from a global trend in shortening investment settlement dates. Markets in the European Union and… Read More

“Buying at regular intervals eliminates the risk of over-investing at a stock market peak” – Quentin Lumsden TSX, Loonie Rise on Friday After Bank of Canada Rate Increase The Toronto Stock Exchange’s S&P/TSX composite index closed at 15,174.81 on Friday, a rise of 39.81 points (0.76%) over Thursday’s close, on the back of utility and… Read More

Look on every exit as being an entrance somewhere else.” – Tom Stoppard The Next Chapter of You First Financial & Benefits Consultants Today marks the end of my first week as owner of You First. Odette & Terry’s presence will be missed, but their values and principles will continue to guide the company’s future. We… Read More