Blog
- Real Improvements to Your Investment Portfolio: Lessons from the Past 10 Years
- Coin Tosses and Investment Return Tables
- Growth (decline) of a Dollar – A 10 year investment review
Please join us September 22, 2010, for a focused discussion on Investment Returns as part of our 2010 Educational Luncheon Series.This will be a great opportunity to explore what has happened in the financial markets over the past 10 years and how returns have affected the retail investor.
Financial marketers know that human wiring encourages us to judge decision-making skill based on the recent outcome. This is true even if that outcome is a random result. So in the investment world, tossing a coin and producing heads three times in a row is seen as skillful. Predicting the wrong result of a toss is viewed as a repeatable and flawed approach, and this is true even though the probabilities for the next toss remain unchanged.
Short term stock market performance is not predictable. The risk of “not knowing” is rewarded by investment return for fully diversified portfolios.
Richardson GMP
One of the most trusted and respected names in Canadian financial services, the Richardsons’ proven history in wealth management includes Richardson Financial Group and Richardson Capital, as well as its past holdings in Richardson Partners Financial, Richardson Greenshields and Richardson Securities of Canada.
GMP Private Client’s strong reputation for superior service and wealth management expertise has complemented GMP Capital Inc.’s proven leadership in the Canadian capital markets. The GMP name reinforces a culture of innovation, energy and entrepreneurship at Richardson GMP. The result is a larger, stronger and more influential independent wealth management firm with offices nationwide.
Professional Excellence
Research by our consultants, CEG worldwide, www.cegworldwide.com found that 93% of wealthy families prefer to work with an advisor when managing their money. The overwhelming majority of successful investors share this view.
Financial advisors have a wide variety of designations, but none is as rigorously focused on investment knowledge as the Chartered Financial Analyst (CFA ®) designation.
