The You First Blog

Weekly Update – July 21, 2017

July 21, 2017
Weekly Update
Frank Mueller

“One of the penalties for refusing to participate in politics is that you end up being governed by your inferiors” – Plato TSX Flat, Loonie Rise Continues The Toronto Stock Exchange’s S&P/TSX composite index closed at 15,180.93 on Friday, a small increase compared to last week’s finish of 15,174.81, although the TSX was down 83.71… Read More

Many of our clients hold at least some CI funds, as CI has a stable of strong fund managers who have proven track records of sound fund management and good returns. Indeed, many of the CI funds that we recommend are top performers in their respective sectors. We are happy to announce that CI is… 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

Yesterday, the Bank of Canada (BoC) met market expectations by raising the target overnight interest rate by 25 basis points to 0.75%. Although investors were broadly expecting an increase, it is notable as it marks the first rate hike in about seven years.   The BoC’s assessment is that growth in Canada has broadened across… 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