My mom has passed down an interesting trait – the absolute love of a good deal. One of my favourite things about buying my mom a gift is being able to tell her how great the deal was – it’s almost better than the gift itself. Over the years she has given me some great advice on how to spend wisely. The first tip she’s given me sounds counter-intuitive but isn’t.
Compte tenu des gains qui ont été réalisés semaine après semaine au début de l’année 2019, nous avons connu une reprise considérable à la suite des creux atteints au quatrième trimestre de 2018. En mars, nous avons assisté au retour d’une certaine volatilité, liée aux données économiques mitigées ainsi qu’à un développement important du marché obligataire.
Amid week after week of gains at the start of 2019, we have largely recovered from the lows experienced in Q4 2018. March saw the return of some volatility due to mixed economic data as well as an important development in the bond market.
The cost of living increases, not just annually, but sometimes month to month. A week ago, my husband received a notification from our mobility provider letting us know that our plan will be increasing by $20 –– an additional $240 annually on what we have deemed essential.
The 2019 federal budget was unveiled March 19th by Finance Minister Bill Morneau. Key elements included housing affordability measures for first time home buyers, post- secondary student financing and debt repayment, professional development training opportunities, and securing your retirement. Keep in mind this is a pre-election budget and there are elements sprinkled in it for everyone. Funding for many of the commitments will only start to kick in after October’s election, giving voters the chance to weigh in their thoughts at the ballot box.
The month of February has been a continuation of what we saw throughout January, with gains being registered on major indices week after week.
Global equity markets made an impressive comeback in January after a poor end to 2018. Equities were boosted by signals from the US Federal Reserve that they will be more patient with the path of future rate hikes amid mixed global economic data. Emerging economies continued their rally fueled by a less hawkish sentiment across global central banks, the S&P/TSX hit its highest level since October, and the Canadian dollar strengthened relative to its US counterpart. We also saw signs of progress on the US-China trade negotiations.
'Tidying Up With Marie Kondo' has taken closets everywhere by storm in the few short weeks since it debuted on Netflix. If you haven't binged it yet, the show follows Japanese organizing consultant Marie Kondo as she helps people tidy up their homes through various seasons of life. Though her methods are centred around the home and finding joy in your space, her lessons can be applied to just about any part of your life — including your finances.
Looking back over the past year, markets had a strong start, hit record highs, and were ultimately bookended by a historically weak December, closing the year in the red. Themes such as the central bank interest rate tightening, tariff wars, global growth concerns, and even a twitter account certainly contributed to the volatility and the sell-off we experienced in equities during 2018.
Ah, holiday travel. It's both an exciting and crazy time to be hitting the road. While it's a fun thought to throw caution to the wind and catch the next flight out, making sure you're prepared – at least with the bare necessities – is generally a smart way to travel, especially now. And guess what? Ultimate holiday preparedness is just a few minutes away.