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Wealth Advisor

The U.S. Election is Just Something to Watch When Hockey's Not On

Andrew Pyle | Posted 11.11.2012 | Canada Politics
Read More: Scotia McLeod, Wealth Advisor, Canada, Obama, United States, Election, Andrew Pyle, Canada Politics News
Andrew Pyle

The upcoming U.S. Presidential election in November is already becoming regular water cooler content for Canadians starved for the return of hockey season, even though the outcome may not necessarily change the direction for Canada's economy. The similarities of both parties for Canada suggest that the attention to the election will be more for entertainment reasons on a night we don't want to watch hockey.

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Should You Repay Your Past? Or Save for Your Future?

Andrew Pyle | Posted 08.09.2012 | Canada
Read More: Wealth Advisor, Investments, Debt, Scotia-Mcleod, Andrew Pyle, Investing, Retirement, Paying Debts, Student Loans, Retirement Eggs, Canada News
Andrew Pyle

In the wake of May's bond market rally from heaven, administered rates have seen additional downward pressure into June. GIC rates have extended their decline, while Canadian mortgage rates are downright juicy. Given this environment, it's no surprise that Canadians are uncertain as to whether they should be paying down debt instead of building investment nest eggs.

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It's Time to Revisit (and Replace) Some of Those Insurance Policies

Andrew Pyle | Posted 07.30.2012 | Canada Business
Read More: Wealth Advisor, Scotiamcleod, Insurance, Andrew Pyle, Tax, Canada, Taxes, Income Tax, Insurance Policies, Tax Policies, Corporate Tax, Canada Business News
Andrew Pyle

A lot of Canadians have no life insurance. Those who do often have excessive or expensive policies that they just don't need. In this economy, it's time Canadians go through their desk drawers and purge some of those useless, costly policies, and replace them with new ones.

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Saving Bonds

Andrew Pyle | Posted 07.06.2012 | Canada Business
Read More: Wealth Advisor, Scotiamcleod, Andrew Pyle, Canada, Deficit, Debt, Bond Yields, South East Asia, US Bond Deficit, Macau, Stimulus Plan, Canada Business News
Andrew Pyle

The seeds are already planted for bond yields to climb over the long-term as we lose the traditional investors in the U.S. debt market. One way out of this dilemma is to get deficits under control and put debt (and debt/GDP ratios) on a more sustainable trajectory. If preventing a return to double-digit bond yields (and mortgage rates) in North America isn't a big enough motivation to do this, I don't know what is.

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Buckle Your Seatbelts, It's Going to a Volatile Market

Andrew Pyle | Posted 06.13.2012 | Canada
Read More: Earnings, Wealth Advisor, Financial Advisor, S&P500, Profits, Andrew Pyle, Stocks, Economy, P/E Ratio, Scotiabank, US, Scotiamcleod, Canada News
Andrew Pyle

While we debate economic momentum in the U.S., how much slower the Chinese economy will become and whether the downtrend in multiples has more to go, expect to see the stock market a little more shaky in the coming weeks and months. Yep, I said it -- more volatility.

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