Gerardo's Advice for Life

June 2nd, 2023 by Gerardo Cappelli

abstract medical icon of a human head

Aging brains have more trouble concentrating - and that may be a good thing

A study done at Columbia University shows that as we age our brain is less able to focus on specific things but our ability to absorb swaths of information remains strong.  We can use this information to reduce forgetting in older adults.

 

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Asset Allocation Strategy - June 

During the month of May, the US market showed resilence.  A lot of this was due to the performance of the tech giants like Apple, Microsoft, Alphabet, Amazon, Tesla, Meta and Nvidia.  Is this performance sustainable and for how long? 

 

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Young people "should never be at home" if they want to be successful professionally

An NYU professor who has shunned remote working, is now saying that young people should never be at home if seeking professional and romantic success.  He has advised young workers to build relationships and to network. While you can, you should get into the office and establish mentors and friends.

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TFSA, FHSA and RRSP at a glance

As I mentioned in a previous newsletter, this year, the government is starting a new plan called the First Home Savings Account. How does this differ from the TFSA and RSP? NBF has put out a comparison of the 3 plans, eligibility, allowable contributions, carry forward room etc. 

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Kensington Market monthly street festivals

All summer and into the fall, Kensington Market is pedestrian only for the last Sunday of every month.  Along with all the shops and restaurants, they will have live music and art exhibitions.  Even if you can't make it to the market for the street festival, Kensington Market is still a great place to visit in the summer.

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Yorkville Exotic Car Show - Father's Day

For the 13th year, Yorkville will be home to the Exotic Car Show featuring Ferrari, Porsche, Aston Martin and more.  They expect lots of visitors to this free event so will close Bloor Street between Bay and Avenue.  A day of dreaming...

 

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National Bank Financial - Wealth Management (NBFWM) is a division of National Bank Financial Inc. (NBF), as well as a trademark owned by National Bank of Canada (NBC) that is used under license by NBF. NBF is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and the Canadian Investor Protection Fund (CIPF), and is a wholly-owned subsidiary of NBC, a public company listed on the Toronto Stock Exchange (TSX: NA).

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