Dennis Rubeniuk, Investment Advisor at IA Private Wealth

09/20/2024

People have a wide range of reactions when they see an old car. Some just see them as a bunch of metal, plastic and rubber. For others, they bring back memories of when they were younger and they (or a parent) owned one. Some see them as old gas guzzlers, while others are drawn to their unique style and aspire to one day own one.

One thing most people don’t consider them as is an investment, but certain ones have definitely served as that over the past few decades. Please read on to find out more about the how the classic car market can be viewed in terms of an investment asset class.

https://www.linkedin.com/pulse/should-you-have-classic-car-your-retirement-portfolio-dennis-4crmc/?trackingId=iYdjMBX9QGeqwzoMAFgcjQ%3D%3D

05/23/2024

Looking for an easy way to generate extra tax-free income every month?

I may have the solution.

Please take a few minutes to read how I am doing exactly that, and could potentially be doing it for you too.

https://www.endeavourwealth.ca/post/turn-your-portfolio-into-a-monthly-payday

02/12/2024

If you are considering taking CPP early and investing the money (instead of delaying CPP to get a higher initial amount), you should be aware that CPP Investments recently ranked #1 IN THE WORLD for 10-year annualized returns among national pension funds.

Their average annual return of 10.9% outpaced the S&P 500’s average return of 10.4%, even though CPP’s investment mix is closer to a traditional 60/40 Balanced fund (which averaged 5.0% over the same period) than to a 100% stock index.

When to take CPP and OAS is a very important decision to make with many factors to consider, and one where a skilled advisor can provide tremendous value in maximizing the income you can draw from your retirement resources.

https://www.cppinvestments.com/newsroom/cpp-investments-ranks-among-worlds-best-with-10-year-returns/

Disclaimer: This information has been prepared by Dennis Rubeniuk, who is an Investment Advisor for iA Private Wealth Inc. Opinions expressed in this article are those of the Investment Advisor only and do not necessarily reflect those of iA Private Wealth Inc. iA Private Wealth Inc. is a member of the Canadian Investor Protection Fund and the Investment Industry Regulatory Organization of Canada.

We are living in uncertain times, but there’s one thing Canadians can be certain about: the strong and steady performance of CPP Investments.

01/31/2024

Fees are only bad if you are not getting good value for what you pay.

With February nearing and Canadians starting to think about making their annual RRSP and/or TFSA contributions, there has been a barrage of commer...

05/12/2023

Taking a moment to express my utmost gratitude, respect and love for all the nurses of our society who serve us so diligently.

Thank you for all you do!

11/28/2022

A huge congratulations to Grant White for being recognized by The Globe & Mail as being one of Canada’s top wealth advisors for 2022!

It is an honour and a privilege to be working alongside an award-winning and nationally recognized advisor, and part of an award-winning firm and team of great people.

I am truly inspired by your vision for where Endeavour Wealth Management is going, and what we’re going to be able to do for clients as Endeavour continues to grow and evolve. I’m so proud to be part of this team, and excited for what the future has in store for us!

Sponsor Content

11/22/2022

Traditional balanced portfolios (60% stocks/40% bonds) have seen their worst returns since at least 2008 as rapidly-rising interest rates have devalued both stocks and bonds. This headwind could turn into a tailwind and set the stage for a rebound in performance once inflation starts coming down and interest rate expectations turn lower.

However, this year has also highlighted the importance of and need for alternative investment strategies and asset classes to provide better diversification and reduce volatility. “Highly diversified” fund-of-fund portfolios all provided equally disappointing returns this year, and may continue to do so if there is another surge of inflation.

Please reach out to me if you’d like to discuss how to more effectively diversify your portfolio and help your investments better withstand the effects of high inflation and rising interest rates.

Disclaimer: This information has been prepared by Dennis Rubeniuk, who is an Investment Advisor for iA Private Wealth Inc. Opinions expressed in this article are those of the Investment Advisor only and do not necessarily reflect those of iA Private Wealth Inc. iA Private Wealth Inc. is a member of the Canadian Investor Protection Fund and the Investment Industry Regulatory Organization of Canada.

Battered 60/40 portfolios will roar back to life and provide investors with solid returns after the worst performance in nearly 15 years, according to J.P. Morgan Asset Management.

09/30/2022

We are now hearing the probability of a global recession is as high as 98%, so the initial expectation is this would likely lead to further declines in the market. However, history shows us this may not be the case, and the probability of recession being this high could be more of a signal to buy than it is to sell.

I came across the chart below in a BNN article (https://www.bnnbloomberg.ca/everything-selloff-on-wall-street-deepens-on-98-recession-odds-1.1824019), and made some very interesting observations after studying it. Here is what I noticed:

-in the past 35 years, there have been 10 other times where the probability of a recession was at or above 90%

-of those 10 times, only once did the market go through a prolonged and significant decline after the recession probability peaked (2001)

-most of the time, the market had already declined somewhat before recession probability peaked, and the market was generally higher six months to a year after recession probability peaked

-on two occasions, recession probability peaking above 90% almost perfectly timed the bottom of a market downturn (2002 and 2008)

-almost every time the probability of a recession rose above 90%, the global economy was either already in a recession (the shaded areas), or near the end of it. This is likely because recessions are generally declared after they have already started.

We do not know what direction the markets will go over the next few months, but history suggests that we are already in a recession and that it is at least somewhat priced into the markets, and there is more potential upside than downside over the next 6-12 months from here.

Disclaimer: This information has been prepared by Dennis Rubeniuk, who is an Investment Advisor for iA Private Wealth Inc. Opinions expressed in this article are those of the Investment Advisor only and do not necessarily reflect those of iA Private Wealth Inc. iA Private Wealth Inc. is a member of the Canadian Investor Protection Fund and the Investment Industry Regulatory Organization of Canada.

09/01/2022

Limiting investments options for clients to invest in and advisors to recommend is in the best interest of neither of them.

At best it is a bad business practice, and at worst it is a conflict of interest (“regulators will examine — among other things — conflicts associated with proprietary products and related restrictions of companies’ product offerings”).

It’s no wonder we see so many clients AND advisors flocking to the independent advisor channel, as it is so much better for both of them.

The financial district of Bay Street in Toronto.Nathan Denette/The Canadian Press Several of Canada’s largest banks have blocked their financial advisors from offering certain high-interest cash funds to their clients during a time when investors are flocking to safer investments amid volatile sto...

08/18/2022

I asked for an all-electric retro 'Cuda, looks like Dodge was thinking all-electric retro Charger instead.

I think this needs to be in orange, maybe with a big "01" on the doors...😉

Dodge on Wednesday unveiled a new concept car called the Charger Daytona SRT as a preview of its first all-electric muscle car, expected in 2024.

08/16/2022

Noooooooooooooooooo!!!

(Ok, how about an all-electric retro 'Cuda?)

Dodge will discontinue its gas-powered Challenger and Charger muscle cars at the end of next year, as the brand transitions to electric vehicles.

08/11/2022

Normally, these kinds of articles warning about huge tech companies invading your privacy and wanting your data come from “conspiracy theory” sites.

I’m pleasantly surprised to see articles from very reputable sites like Bloomberg, Fortune, Wired, and Business Insider call out Amazon’s acquisition of Roomba maker iRobot as being mainly about mapping your home and collecting even more of your personal and private data.

So, how do you feel about tech companies increasingly infiltrating the privacy of our homes in the name of convenience?

In buying iRobot, the e-commerce titan gets a data collection machine that comes with a vacuum.