Cardinal – Q3 Portfolio Commentary
Market Outlook – The stock market performance of the third quarter of 2015 was another disappointment with most of the major global markets down from 7.0% to 12.0%. Again the U.S. stock market had the best results with the S&P 500 down 6.9%, the S&P/TSX down 8.6%, the German DAX-30 off 11.7%, the British FTSE-100 off 7.0%, and the French CAC-40 down 7.0%. From mid-April to the end of September, the major global stock markets suffered a severe correction. This was the first significant market correction since October 2011.
Click here to read more: Cardinal Quarterly – October 2015
Millennials & Money: Talking about Financial Literacy
By Carla Hindman, Director of Financial Education, Visa Canada
Millennials, also known as Generation Y, refers to people born between the years of 1980 and the early 2000s. Known as the “me, me, me” generation, millennials are the first group to grow up in the current digital era with instant access to money management tools at their fingertips. So why do they have a reputation for being financially illiterate? And what’s the best way to reach them? Does it have to be done in 140 characters or less? The answer is: #Yes. Read more 
Ease Your Retirement Worries with Immediate Annuities
The majority of Canadians work hard to accumulate a retirement fund and many are averse to exposing savings to unnecessary market risk after they retire.
In today’s prolonged low interest rate environment, immediate annuities are often dismissed or overlooked as a viable vehicle for providing retirement income. Perhaps they shouldn’t be.
An annuity is an investment that provides a guaranteed income stream for a set period of time or for the lifetime of the annuitant. While annuities may not be for everyone, for those trying to find a way to guarantee income in retirement Immediate Annuities may be the answer. Read more
DM Monthly Report
WELL THAT DIDN’T TAKE LONG … This summer, we wrote about how TSX performance has frequently be-come dominated by a single, mega-capitalization stock over the past 15 years. From Nortel to Potash Corp., to Research in Motion and, most recently, Valeant Pharmaceuticals, the heavy influence of these suddenly massive companies has distorted market performance on the way up and exposed index investors to unexpected risk on the way down.
Click here to read more: DM-Monthly-Report-Oct-15
