Think Smart with TMFG

Episode 180: Lessons Learned from the Legendary Financial Advisor Nick Murray

Today on ThinkSmart with TMFG Rob McClelland and Mike Connon review their recent discussions with the Advisor to Advisors, Nick Murray. Nick has been a financial services professional for more than 50 years and is among the industry’s most respected writers and speakers on all things financial. 

Episode 179: Is Your Lifeboat Ready to Weather This Market Correction?

The S&P 500 is down 24%, real estate is down 20% and, even our defense, the bond market is down 10- 20% worldwide. Today on ThinkSmart with TMFG, Senior Financial Advisors Rob McClelland and Mike Connon look at the 5 biggest market corrections in the last 50 years and how a well-balanced portfolio performed. They review from the beginning of each market correction to 5 and then 10 years after the correction to demonstrate how investments would fare.

Episode 178: How to Teach Your Children About Money

As children go through the various stages of life it's important to teach them about the value of money. Whether it's saving wages from their Summer job, collecting an allowance, or setting out on a new career path as a recent university graduate. Whichever stage they are at it's important to include them in financial discussions so they can make educated decisions about their finances.

Join Senior Financial Advisors Rob McClelland and Mike Connon as they discuss some healthy financial habits you might want to teach to your children.

Episode 177: The Importance of Being Compliant

Compliance is an integral part of any good financial firm. Why is it good for clients, potential clients, and the company? Compliance is there to ensure that we follow the rules and laws of the province and the county.
Join us today as Financial Advisors Rob McClelland and Mike Connon take a deep dive into the importance of being compliant.

Episode 176: Forecasting: Why We Don’t Look At the Weather Anymore

The weather, just like financial outcomes, is difficult to predict. It's a tough spot for most financial advisors. There are always predictions about GDP, the unemployment rate, and the markets, and it seems these predictions always either surprise or disappoint. When you are approaching retirement and have a fixed amount of savings, you can't afford to be that wrong. Being wrong can really do some damage.

Join us today as Financial Advisors Rob McClelland and Mike Connon discuss what common predictions you should avoid.

Episode 175: Why Do We Always Need To Fix Things That Aren’t Working?

Why are we always trying to fix things that are not quite right? It's human nature to try to fix what is broken. Whether weeding your garden or repainting a window sill fixing things gives us a sense of order and calmness. How does that translate to your financial life? What might be broken in your portfolio, and how can you fix it? Join Financial Advisors Rob McClelland and Mike Connon on ThinkSmart with TMFG as they discuss best practices for investors.

Episode 174: What You Should Expect From Your Financial Advisor

As consumers, we are hearing a lack of service placed squarely on the shoulders of COVID -19 and "supply chain demand." Still, this sentiment seems to have permeated even the financial services industry. Today on ThinkSmart with TMFG Financial Advisors Rob McClelland and Mike Connon go through what they believe you should be looking for in an Advisor.

Episode 173: The Data on Why You Shouldn’t Pick Individual Stocks?

Even the best and the brightest in the financial services industry don't always know when it's a sure thing. Today on ThinkSmart with TMFG we take a look at what the data says about stock picking.

Key Points:

Financial Experts
Chances of Outperforming the Market 
The Market 100 Years ago vs. today
Data on Stock Picking 
Diversified Portfolios

Episode 172: Why Are We Always Making Financial Decisions?

Almost every decision we make big or small has a financial repercussion. Whether it's "should I go out for dinner or stay at home and cook "to locking in a mortgage, budgeting, or travelling. We are in a constant state of juggling all our financial choices. Join Financial Advisors Rob McClelland and Mike Connon as they take us through the landscape of financial decision-making.

"Key Points"

Financial Decision Making 
Budgeting 
Travel
Expense Control
Mortgage and Loan Rates

Episode 171: We Are Living Better Than Our Parents

Contrary to all the negative news headlines our lives are better than they were forty years ago.
Join Senior Financial Advisors Rob McClelland and Mike Connon as they explore some fun facts they discovered in 24 charts that show we’re (mostly) living better than our parents. From healthier lifestyles to better cars it looks like we're not doing too badly. 

"Key Points"

Healthier Lifestyles
Longevity
Access to Commodities
Education

and more

Source: Timothy B Lee, Full Stack Economics 24 charts that show we’re (mostly) living better than our parents June 29, 2022