Bloom Investment Counsel, Inc. Q3/24 Investment Market Commentary
Canadian dividend payers have a tax advantage over interest income and some other forms of investment income, due to the “dividend tax credit”. This, combined with the benefit of cash flow and capital growth has made dividend paying equities especially appealing. These are just some of the reasons why Bloom has maintained its focus on investing in dividend paying equities for over 25 years.
Year-to-date, our clients have seen a positive return on their investments outperforming both the S&P/TSX Composite Index and the S&P/TSX High Dividend Composite Index.
To gain further insight into M. Paul Bloom’s, CIO at Bloom Investment Counsel Q3/24 review, and his thoughts on the investment markets for the remainder of the year, watch the Investment Market Commentary video above.
If you are a high-net-worth individual, family office, foundation, corporation, institution, or trust and would like to receive a copy of our detailed Q3/24 review and outlook, please subscribe to our quarterly investment overviews here.
Some of the topics that are discussed in this video may contain forward-looking statements. This information, by its nature, is subject to risks and uncertainties that may cause actual events or results to differ materially from such forward-looking statements. Further, please note the date of the recording, as October 7, 2024, as some of the comments are time-sensitive.
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This video is provided for general informational purposes only and does not constitute financial, investment, tax, legal or accounting advice nor does it constitute an offer or solicitation to buy or sell any securities referred to. Individual circumstances and current events are critical to sound investment planning; anyone wishing to act on this video should consult with his or her financial partner or advisor.