Terry Murphy - Sun Life Financial advisor

08/01/2020

What a turnaround in the Markets since they were hammered in March! Markets have been moving upward ever since April. I hope you didn't bail out in the dip! Wise investors will not let short-term volatility throw them off their long-term goals. And, anyone investing in dividend-paying mutual funds has actually benefited as their monthly dividends continue to buy additional units at the lower prices. For retirement income purposes, you might also want to consider how these dividend funds can work for you. Maybe we should talk!

04/14/2020

This short video was done with my nephew, his wife and their three children. So awesome to see Scott, Page, and the children Georgia, Jack and Theo. Plus, if you look thru the steam around the evaporator, you'll see my brother Janet Eric Murphy (Scott's dad) in the background. Great job, guys!!

Part of the Conservation Council's For the love of New Brunswick video series, looking at the ways climate change will affect the things we love doing here i...

04/01/2020

It's comforting to know the business you rely on CAN be relied on.

We’ve built our business on managing risks like economic changes

As the world responds to the COVID-19 health and financial crisis, we know there are many questions about where Sun Life stands financially. We’ve built the foundation of our business on managing risks that may happen due to economic changes. We also have 155 years worth of experience to back it up.

Sun Life is resilient

The best measurement of Sun Life’s financial strength is through our:

Capital position
Risk framework
Financial strength ratings
Strong earnings performance and payment of dividends out of these earnings
You can feel comforted during this difficult time knowing:

We’re in a very strong capital position. We have a healthy level of capital to meet our financial commitments to Clients.
The Life Insurance Capital Adequacy Test (LICAT) ratio measures a company’s ability to meet its obligations. It’s one of several indicators used by Office of the Superintendent of Financial Institutions (OSFI) to assess an insurer’s financial condition. The minimum required is 90%. Sun Life’s LICAT ratio is 143% – well above the minimum.(LICAT ratio is for SLF Inc. as at December 31, 2019.)
We have a diversified business. With multiple product lines and services and operations around the world, we’re a diverse organization.
This helps us prevent over-exposure in any one market or region.
This diversity is also important to ongoing success, especially during challenging economic times.
We’re leading in financial ratings. We’re proud to say that Sun Life’s ratings as a public life insurance company are among the best in North America. Our best in class ratings show Sun Life’s risk practices and strong financial flexibility.

04/01/2020

I wanted to share a calculator that Preet Banerjee (CBC financial guru) put together on his website to help Canadians calculate the benefits they may be entitled to through GST/CERB/CCB. A lot of people have concerns about cash flow right now so hopefully this
provides some guidance around what they may be entitled to from a benefit standpoint. Remember this is just an estimator and not an official calculator. It does not determine eligibility for the programs.
I hope you are all keeping well.

03/26/2020

I had a client phone today to ask how things were looking. I explained the Markets are down around 20 percent. She told me she is going to see how much money she can get out of her savings account to invest in some of the many quality mutual funds we offer. Now THAT is someone who understands the "Buy Low" mantra of strategic investing! Maybe WE should talk?

03/18/2020

Very interesting to see experienced investors contacting me and wanting to "buy low" during this time. Depending on the type of mutual funds you invest into, some are still in the positive gain year to date. Other mutual funds are very well priced. Maybe not at their lowest point yet, but definitely cheaper than they were a month ago. And there are some great mutual funds for consistent monthly income without using up your principal. Maybe we should talk?

03/05/2020

It's interesting to watch the volatility on the stock markets, then look at how that is actually impacting client portfolios. Although the U.S. market is down about -10% on the year, I have a client that is up +3.6% on their portfolio. So, in their opinion, they're doing quite well, thank you. It's a matter of how you are invested for your comfort level and for those unexpected events. That's what I do!!

02/25/2020

https://www.cbc.ca/news/business/markets-monday-coronavirus-1.5473520

You’ll notice this comment in the article above----"Utilities and real estate companies held up better than most sectors.
Investors tend to favour those industries, which carry high dividends and hold up relatively well during period of turmoil, when they're feeling fearful”.

This is why I like our High Income dividend-paying equity fund, and feel so confident in its ability to pay its consistent dividend, month after month. Not guaranteed, of course, but it HAS been doing it every month since 1996. If you're looking for a consistent income, WE SHOULD TALK!

Shares skid and the price of gold surges as the number of people infected or killed by the viral outbreak that began in China grows, heaping more uncertainty on the economic outlook.

10/24/2019

One more day at this investment conference in Orlando and I fly back home on Friday. It's been a great week! Learning more about strategies for dealing with the current investment climate, and preparing for future scenarios. A person can no longer just "set it and forget it" when it comes to investing. It was confirmed once again that we have a great mutual fund lineup to deal with minimizing volatility, meet income needs, and grow an investor's portfolio. I had the opportunity to talk with other successful financial advisors from across Canada, and hear from the top Portfolio Managers in Canada.
I look forward to sharing more with you. If you have questions or concerns with where/how you are invested, maybe we should talk!

05/14/2019

If this is YOU, maybe we should talk!! Soon!

02/22/2019

The Time Has Come!!
RRSP Deadline is just around the corner. Banks are trying to lure people into putting their money into GIC's for this RRSP season, guaranteeing them 2-3%. That's fine IF you need all of that money one year from now. Other people are holding back from investing into mutual funds because of the perceived notion of "losing all their money". I have clients in Low-Medium risk funds whose money has grown by +4%-+6%, since January 1st!! The Banks say they'll give you 2-3% for a year. Then, they take your money and invest it into mutual funds and keep the difference. Maybe YOU should have that money in your own pocket? Maybe we should talk?