ÆSICA Financial

06/22/2022

So many things are taken out of context to build a narrative like this initial question.

08/04/2021

Things to consider for someone going through a divorce.

"After 38 years of marriage, I was blindsided when my husband asked me for a divorce," says Patricia, 61. "I didn't see it coming and was shocked at how fast and efficiently he left the life we had built together." Like many women of Patricia's generation, she had made the decision to stay home and....

11/12/2020

There has been a lot of uncertainty this year, the markets and the investment world included. Often times when it comes to our investments we crave certainty, we want to look for guarantees or sure things. Here is a great 4 minute video explaining why we should embrace the uncertainty when investing.

Do you enjoy not knowing what happens next? Other than suspense in movies, people usually prefer feeling like they're in control. But in investing, certainty and comfort are rarely any good. To achieve pleasing long-term returns, investors sometimes need to feel the discomfort of owning businesses t...

10/14/2020

Diversification is key for most people.

When their investment savings plummeted in the 2001 stock market crash, Adam and Sonya were concerned, but not panicked. Retirement was a long way out, so they had plenty of time to recover. The couple decided to try their hand at 'timing the market' (buying and selling stocks based on expected mark...

09/01/2020

Have you're kids recently flown the coop?

The term 'empty nest' evokes different feelings for everyone. It may have happened way too fast or maybe it took far too long, but with all your children almost grown and out of the house, a new phase of your life is about to begin. As with every stage of your journey, finances will play a key role....

09/01/2020

Here is a risk often overlooked by people promoting purely passive investments.

Horatio Alger1 was an American writer of novels about impoverished boys rising from humble backgrounds to middle-class security and comfort through hard work, determination, courage and honesty. His writings were characterized by the "rags-to-riches" narrative, which continues to have a formative ef...

07/29/2020

Here are a few simple tips on how to protect yourself against fraud.

Most people mistakenly believe that they will never fall victim to financial or identity theft. The sad reality is that billions of dollars are lost each year to these crimes, and the losses are only getting bigger. Here are some steps you can take to reduce your chances of becoming a fraud victim:....

07/29/2020

Have you heard the term Personal Economy? Its all about you. Read more here.

It appears that while many Canadians faithfully invest funds into their workplace retirement plans they are somewhat lackadaisical when it comes to determining their retirement needs as well as measuring their progress towards those needs. In a survey conducted by Ipsos Reid in February 2015*, it wa...

07/14/2020

Have you heard about the term Bathtub Economics?

The fastest market correction in history, that started in the last week of February and bottomed in late March, led to the fastest bounce back over a five-week period, since about 1987 1. However, at the time of this writing, most of the major market indexes are still below their February 2020 peaks...

07/14/2020

Is estate planning important to you?

Much of what we do today is to improve our future financial position. As with anything, we can get better results by following a plan. This is why both an Estate Plan and a Financial Strategy are important for those who want to ensure better tomorrows for ourselves and our families.

07/14/2020

Feel Good Tax Relief!!

Carl and Cathy are well aware of the substantial tax advantages of making charitable contributions as well as the good feeling they get by helping their favorite charity. In addition to their annual contributions, they would like to bequeath more substantial amounts to their chosen charity in their....