Think Smart with TMFG

Episode 68: FOMO (Fear of Missing Out): Are You Missing Out On The Next Best Stock Pick?

How much should you weigh your portfolio as value stocks continue to underperform and growth stocks continue to outperform? The lure of the NASDAQ and extreme growth tech companies; is the expense of their stock price worth the investment and can it maintain for the long term? What is the right choice as we struggle to recover and look for a new direction after the COVID correction?

Episode 67: Tough Clients: Responsible for Making Us Better Advisors

Over the years, our toughest clients have greatly impacted how we do business. Sharing their expertise or honest feedback with us has enabled us to grow consistently, stay relevant, and stay at the top of our game. From pushing to find lower-cost management solutions and learning the ins and outs of creating trusts, these demanding individuals have made us who we are today.

We explore this and more today on Think Smart!

Episode 66: The End of Currency As We Know It

Getting cash out of the system; the good and bad of cash and the move to digital. The emergence of COVID-19 has made us rethink our need for cash. Our thoughts on how the elimination of cash could  contribute to the reduction of government debt and encourage a stronger GDP resulting in more investment dollars into the Canadian market. By removing cash and creating a digital transaction record could we begin to put pressure on the illegal drug, arms and sex trade industries. As well as how embracing digital payment systems can really start to simplify your life.

We explore this and more today on ThinkSmart!

Episode 65: Just Take My Advice

Taking advice from an expert is always the recommended course of action but when it comes to your hard earned dollars it seems often the most difficult advice to receive. As fee-based advisors we sit on the same side of the table; if you succeed we succeed, likewise when you are unsuccessful we share in that financial loss. Today we highlight some of the areas we find the most difficult to give advice on and yet where we find it may be most useful to you; the conversion to cash, rebalancing, the hot stock tip, too much debt and to TFSA or not to TFSA. This and more today on ThinkSmart.

Episode 64: Success and Strategy with the Strategic Coach

Learning with some of the best and brightest entrepreneurs from around the world.

Hear how they are tackling change and their surprising view of the future.

The Strategic Coach has been a big part of our entrepreneurial spirit for many decades,

from it we have learned a sense of accountability for our actions among many other best practices.

This and More Today on Think Smart

 

Episode 63: Risk and Return: The Higher-end of Risk Related Investing

Risk and return as we all know go hand in hand. Rob and Mike walk you through how to increase your rate of return and what approach could work for you. Based on your risk tolerance the answer is stocks, mutual funds, or Index Funds. Is investing in REITS too risky and how do you use leverage properly? 

This and more Today on Think Smart. 

Episode 62: Getting Out of Canada: Should Investors Keep Their Money In Canada?

The fastest rise in 50 days in the history of financial markets. This bear market has suddenly become a bull. But should you stay invested in Canada? Looking at the Canadian, US, European, Asian and Far East Markets over 20 years can give us great insight into the coming months and years. What has changed in the last 10-20 years and how does that affect your bottom line?

Episode 61: RISK It's Not Just a Board Game

There are many different types of risk. As advisors, we are told never to use the word. Risk, however, is a very real part of investing. Today Rob and Mike discuss the advantages of low-risk investments and how strategies differ between; Global Bonds, Balanced Funds, ETFs, Funds of Funds as well as Real Estate and illiquid and liquid assets. This and more Today on Think Smart. 

Episode 60: COVID-19 Has Changed Retirement Forever for The Foreseeable and Maybe Forever

As difficult as things are right now the future is truly bright. So many new and emerging technologies can help you through these taxing times. We all must embrace new ways of interacting and coping with some of our necessities. Today, we highlight some of our best practices to stay social, connected, happy and healthy. This and more Today on Think Smart.  

Episode 59: 9 Weeks Into COVID-19 - Lessons Learned

The fundamentals of the markets have not changed. Risk and return are eternally related. There is always a winner, loser, buyer and seller. But is there an opportune time to buy? How can you time the markets to get into a prime buying position? Is moving to cash ever a good idea even with dollar cost averaging? Will those who get it right be visionaries or just plain lucky? Why rebalancing on time is crucial to the health of your portfolio.
 This and so much more Are on ThinkSmart today.