The You First Blog

As interest rates rise, savings and GIC rates have risen. Here are some of the short-term cash savings options we have access to. Please contact our office to speak with Anthony or Frank if you have questions about these rates. Top Investment Savings Account (ISA) rate as of September 19, 2022 2.90% on first $99,999.99,… Read More

Earlier this summer, the You First office moved from the West End to Coal Harbour. The new address is 670 – 1199 W. Pender St., located at the intersection of W. Pender and Bute. The buzz code to enter the building is 0670. The phone number remains 604-682-1847.

During times of market turmoil, it is common to feel the need to exit the market to “cut your losses”. However, time and again, history tells us that “cutting your losses” is more costly in the long run than you think. Here are a few charts explaining why we don’t sell during market declines. Markets… Read More

Nine months into 2022 and the market decline continues. The major economic factors behind this correction remain the same: high inflation, rising rates (to combat inflation), and commodity shortages resulting from the Russia-Ukraine War. Of course, the pandemic continues to impact the global economy. Even though the preceding 12 years were mainly positive for markets,… Read More

The new First Home Savings Account (FHSA) is expected to be rolled out in 2023 and once it has launched, every prospective first-time homebuyer will want to open one. A truly revolutionary new account structure, the FHSA is a best-of-all-worlds mix between the RRSP, the TFSA, and the Home Buyers Plan (HBP) programs: never has… Read More