Three Questions for Bill Richardson Part 8
Question 1: We’ve had quite a run as stocks have recovered from COVID-19. I’m worried that stocks are expensive now. What are your thoughts? If you had polled one thousand financial professionals on March 23, 2020, and asked them what the odds were that there would have been a July spike in new COVID 19 Read more ➝
Three Questions for Bill Richardson Part 7
Question 1: I am approaching retirement and am wondering if I should be making changes to my portfolio to reflect my change in circumstances? It is always a great idea to do a complete analysis of your portfolio when you experience a major life change. Planning is a three-step process. 1. Where are you now? Read more ➝
Three Questions for Bill Richardson Part 6
Question 1: Many Canadians are complaining about the performance of their portfolios. They say they haven’t had good returns for a number of years now. What is the main problem that they are experiencing? I have examined a lot of portfolios presented to me when people approach me for a second opinion and there seems Read more ➝
Three Questions for Bill Richardson Part 5
Question 1: I hear people talking about fundamental and technical analysis relating to investing in stocks. Do you utilize these research methodologies, and which do you prefer? There are two main camps on the best way to track markets and select stocks. Some analysts prefer technical analysis, which focuses on studying stock charts to determine Read more ➝
Three Questions for Bill Richardson Part 4
Hello everyone. Hope all is well. Below is the most recent instalment of questions that I have received from clients and other investment advisors over the past couple weeks. Question 1: As you know, news coverage is still focusing on the Pandemic. We hear that the situation in the US is still pretty bad. What Read more ➝
Five Questions for Bill Richardson Part 3
1. When I watch the financial news, at the top of the list is the Toronto Stock Exchange performance. How closely do you track the TSX 60 or TSX Composite? This is a really interesting question for a number of reasons. They are similar but the TSX 60 is an index comprised of 60 stocks Read more ➝
Five Questions for Bill Richardson Part 2
Hello everyone. Hope you are keeping well. Below is my second installment of Five Questions for Bill Richardson…questions that I have received over the past couple weeks from clients and advisors alike. Feel free to pass it on and give us a shout if you have any questions. Thanks, Bill Five Questions for Bill Read more ➝
Five Questions for Bill Richardson Part 1
Hello everyone. Hope all is well. Throughout the week, I get questions from clients and from investment advisors from our firm that invest in the two portfolios I manage (Willoughby Investment Pool & Northgate Equity Strategy). The old adage is that if one person is asking a question, many others may be wondering the same Read more ➝
Tax Free Savings
Back In 2009 the first modern innovation in financial savings products in a generation emerged onto the Canadian investment marketplace: The Tax Free Savings Account. TFSAs are an easy to use and relatively convenient tool for saving for a variety of purposes, useful to most all Canadians in most all of our tax brackets. The Read more ➝
Growing Wealth
The truth is, growing wealth doesn’t have to be complicated. Wealthy people don’t have some secret…