In many ways, human beings are herd animals. In judgement and in opinion-forming, we tend to conform to the norm—as defined by the herd around us. But as an individual investor you need to be wary of the dangers of investment herd mentality and not let it influence your investment strategy: what is herd mentality, how can you identify it, and how can you avoid it?
Purchasing property has become a popular method of both holding and building wealth in Canada. Whilst real estate investing could merely be seen as heightened interest triggered by media coverage in recent years, in truth real estate investing is not new—billionaire Andrew Carnegie famously said many years ago that 90% of millionaires acquired their wealth by investing in real estate.
Let’s explore some common real estate investing methods, including some newer investment vehicles enabling anyone to invest in real estate.
Looking for an investing service to manage your investments for you? If you are in the process of selecting an investment manager, the proliferation of providers requires careful navigation.
Assets in model portfolios have been rising fast in recent years, reflecting many investment managers’ and advisers’ growing interest in seeking quick and convenient ways to invest clients’ money. At the end of the day, who do these pre-built investment portfolios really benefit?
In this comprehensive yet easy-to-follow guide, we illustrate what a model portfolio is by using an everyday analogy, and take you “behind industry scenes” to understand their surge in popularity, so that you can understand what they really are before signing investment management documents for your advised investment solution.
Are you responsible for allocating a significant amount of family wealth to meet your family’s financial needs and long-term financial objectives?
While the Canadian wealth management landscape offers no shortage of investment management and advisory solutions, high-net-worth families often have sophisticated needs and must be careful to ensure that they obtain services that are structured to meet these needs.
In this article, we explore 3 key attributes to consider when looking into wealth management products and services to help you find a truly personalized approach to managing your family’s wealth.