For What It's Worth; How Does This Recession Compare To The Last Two?

December 10, 2018

 

If the recent volatility and pullback in the value of your portfolio have you losing sleep and reaching for your phone then I strongly suggest that we get together BECAUSE this pullback is nothing compared to the last two recessions. As you can see below, the first large circle is the dot-com bust and then the recession (bombing of twin towers). The next circle is the late 2007 till early 2009 period dubbed the ‘great recession’.

 

The recent ‘correction’ is nothing compared to these and nothing compared to the pullback during a ‘normal’ recession.

 

 

 

Now is the time to review your goals and cash flow needs… NOT after a 20-30% drop brought about by the fears (or reality) of a recession.

 

Now is the time to build some protection into your plans.

 

For those with cash flow needs (includes a RRIF) I am attaching interest rates for 1-3 year GIC’s. These rates have moved higher over the last 12 months.

 

 

For cash flow needs beyond that I suggest:

  • Preferred shares

  • Corporate bonds such as Invesque

 

Please call or e-mail to arrange a meeting. 

 

December is a great month to take stock and plan for 2019.

 

 

 

Disclaimer:

The information and opinions contained herein have been compiled or arrived at from sources believed reliable but no representation or warranty, express or implied, is made as to their accuracy or completeness. Neither Argosy nor its affiliates accepts any liability whatsoever for any loss arising from any use of this report or its contents. This report is not, and is not to be construed as, an offer to sell or solicitation of an offer to buy any securities and/or commodity futures contracts. The securities mentioned in this report may not be suitable for all investors nor eligible for sale in some jurisdictions. This research and all the information, opinions, and conclusions contained in it are protected by copyright. This report may not be reproduced in whole or in part, or referred to in any manner whatsoever, nor may the information, opinions, and conclusions contained in it be referred to without the prior express consent of Argosy.

 

The views expressed do not necessarily reflect the opinion of Argosy Securities Inc. The
information contained herein may not apply to all types of investors. Please consult a
professional before making an investment decision

 

‘historical analysis does not reflect future returns’

Share on Facebook
Share on Twitter
Please reload

Featured Posts

Alternative Strategies for Diversified Portfolios

August 11, 2017

1/7
Please reload

Recent Posts
Please reload

Archive
Please reload

Search By Tags