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).
Gerardo's Advice for Life
August 3rd, 2022 by Gerardo Cappelli
Is your new home ready for an electric car?
When we were finishing our basement, we found out that our relatively new home's electrical panel didn't support another full apartment with kitchen and we needed to upgrade the panel. The electrician told us that once we had the panel upgraded, we could add an electric vehicle charging station later with no issue, something we had not even thought about!
Asset Allocation Strategy August 2022
After six straight months of losses for stocks and bonds, investors finally saw the vast majority of assets ended the period with gains. However, the central banks are still in monetary tightening mode and there is still increasing odds of recession and volatile financial markets. In this environment , the CIO office is keeping a more conservative asset allocation in place.
Are rate hikes bad for stocks?
Many people think that stocks will perform poorly when central banks hike their policy rate. But generally, the opposite is true, central banks raise their policy rate when the economy is strong and is expected to continue showing strength. Take a look at the Myth vs Reality in the latest Quarterly Flip Book.
Trusted Contact
As I meet with my clients this year, one of our mandatory questions, is who you would like as your Trusted Contact. To explain briefly, this person would not have any access to information in your accounts but is someone we could contact if we suspected financial exploitation, we were concerned about your capacity to make financial decisons or we were unable to reach you after several attempts.
Things to do in Toronto
We live in the Beaches and during the summer there is a festival at Woodbine Park almost every weekend. A few weekends ago, it was the Jazz festival which had the streets and park around our house filled with music. As I looked for festivals and interesting things for the month of August, I couldn't decide so here is a list of 30 things to do in Toronto during this month!
Things to do outside of Toronto
Back in May, we took a trip to Niagara Falls so our son could meet some friends there. Donna and I have been there many times, and really didn't feel like doing Clifton Hills one more time. We took a hike through the Niagara Glen Nature Reserve mentioned in this article. Stunning! You would never know you were only an hour and a half outside of Toronto
