2013 13...and portfolio changes. 2013 News &Views Charting Your Course to Financial Independence...
4
Stocks are back! What a fantastic first quarter for equities! In Canadian dollars, the TSX was up 2.5%, S&P 500 was up 12.5% and World markets were up 9%*. Investors seem to be moving money back into stocks as there were amounts not seen since 2000 recorded going into equity funds in the month of January*. This is very bullish for stocks and as I wrote last quarter, may give investors a very healthy return in 2013. We continue to see strength in stocks especially in the US over Canada. Bonds and cash were mostly flat to up slightly for the first quarter as stocks truly stole the show. Our portfolios were up in the range of 3% to 5% depending on the amount of bonds you hold reducing performance. To highlight our newest investment product that was launched in late November 2012, Diversiflex and Diversiflex Plus performed very well posting first quarter performance of 5% and 6.2% respectively. What’s next? Obviously, I am not able to know what will happen in the future, but I will let you know what the technical signals are telling me, which in turn gives us higher probabilities of being correct (not perfect). At this point, the technicals are pointing in the same direction as last quarter, continued strength in stocks and specifically in the US over Canada. To get a bit more specific, we see signs of strength in Home Construction, Pharmaceuticals and Financials all in the US. This does not mean we expect to see another fantastic quarter like we just had, but we do expect stocks to outperform bonds and cash over the next 3 to 9 months. We are not the only ones who are optimistic about stocks. A number of veteran money managers see a long term bull market that is driven by North American energy independence, the return of outsourced factory jobs, recovery of the US housing market, a tech boom and most importantly investors who were burnt in 2008 are coming back to invest in stocks again. I have even heard talk about similarities between 1982, the start to one of the greatest bull markets ever, and our current market! Although I am an optimist, I am not going to tell you I feel this strongly about stocks at this point. What could spoil this party? Like I said, we rely on probabilities. This means there could be many things that get in the way of trends and stop the momentum of new cash going into the stock markets. Currently the Euro Zone anxiety has resurfaced (did it every go away?), focusing on banking issues in Cyprus and continued political problems in Italy. With many convinced the Euro will end badly, markets can turn sour at any time. I will not cover all the possible problems, but instead let you know that we will continue to monitor our data to attempt to protect your investments from any major declines in stock prices. In summary, we had an exceptional first quarter and expect stocks to continue to perform well versus bonds and cash. Please watch for monthly email updates on Diversiflex to get the latest performance numbers and portfolio changes. 2013 News & Views Charting Your Course to Financial Independence Paul’s Perspective Th e Gr een Repor t in this issue... SPRING 13 Service Matters ......................2 A Fresh New Look for Green Financial Group ............3 10 Minutes to Refocus Your Priorities ........................4 Paul Green, CFP ® Investment Advisor Certified Financial Planner DWM Securities Inc.
Transcript of 2013 13...and portfolio changes. 2013 News &Views Charting Your Course to Financial Independence...
Stocks are back!
What a fantastic first quarter for equities! In Canadian dollars, theTSX was up 2.5%, S&P 500 was up12.5% and World markets were up9%*. Investors seem to be movingmoney back into stocks as there wereamounts not seen since 2000 recordedgoing into equity funds in the monthof January*. This is very bullish forstocks and as I wrote last quarter,may give investors a very healthy return in 2013. We continue to seestrength in stocks especially in the USover Canada. Bonds and cash weremostly flat to up slightly for the firstquarter as stocks truly stole the show.Our portfolios were up in the range of3% to 5% depending on the amountof bonds you hold reducing performance. To highlight our newestinvestment product that was launchedin late November 2012, Diversiflexand Diversiflex Plus performed verywell posting first quarter performanceof 5% and 6.2% respectively.
What’s next?
Obviously, I am not able to knowwhat will happen in the future, but Iwill let you know what the technicalsignals are telling me, which in turngives us higher probabilities of beingcorrect (not perfect). At this point, thetechnicals are pointing in the same direction as last quarter, continued
strength in stocks and specifically inthe US over Canada. To get a bitmore specific, we see signs ofstrength in Home Construction, Pharmaceuticals and Financials all inthe US. This does not mean we expect to see another fantastic quarterlike we just had, but we do expectstocks to outperform bonds and cashover the next 3 to 9 months. We arenot the only ones who are optimisticabout stocks. A number of veteranmoney managers see a long term bullmarket that is driven by North American energy independence, thereturn of outsourced factory jobs, recovery of the US housing market, atech boom and most importantly investors who were burnt in 2008 arecoming back to invest in stocks again.I have even heard talk about similarities between 1982, the start toone of the greatest bull markets ever,and our current market! Although Iam an optimist, I am not going to tellyou I feel this strongly about stocks atthis point.
What could spoil this party?
Like I said, we rely on probabilities.This means there could be manythings that get in the way of trendsand stop the momentum of new cashgoing into the stock markets. Currently the Euro Zone anxiety hasresurfaced (did it every go away?),focusing on banking issues in Cyprus
and continued political problems inItaly. With many convinced the Eurowill end badly, markets can turn sourat any time. I will not cover all thepossible problems, but instead let youknow that we will continue to monitor our data to attempt to protectyour investments from any major declines in stock prices.
In summary, we had an exceptionalfirst quarter and expect stocks to continue to perform well versusbonds and cash. Please watch formonthly email updates on Diversiflexto get the latest performance numbersand portfolio changes.
2013News &Views
C h a r t i n g Y o u r C o u r s e t o F i n a n c i a l I n d e p e n d e n c e
Paul’sPerspective
Securities related products and services are offered through DWM Securities Inc. Insurance products provided through Dundee Insurance Agency Ltd. This newsletter is solely the work of Paul Green and Dave Harris for the private information of their clients. Although the authors are a registered Investment Advisor and Mutual Fund Representatives with DWM Securities Inc., a DundeeWealth Inc. Company, this is not an official publication of DWM Securities Inc. The views (including any recommendations) expressed in this newsletter are thoseof the authors alone, and they have not been approved by, and are not necessarily those of, DWM Securites Inc. DWM Securities Inc., Member-Canadian Investor Protection Fund, is aDundeeWealth Inc. Company. *SIA Charts.com. * Maclean’s Feb 18, 2013.R 21;
At some point or another, I think mostpeople feel overwhelmed with the everyday activities life presents to us.With so many commitments pulling at usevery day, sometimes it is difficult tochoose the most important ones.
How about a 10 minute exercise to helpidentify what matters most to you? I wasreading a piece from Dan Richard’s ofClient Insights this month that reallystruck a chord with me. It is a simple, effective and quick way to organize 20different priorities into 4 categories.
Once completed, this list can help provideclarity when faced with decisions rangingfrom, where to live, evaluating a new job opportunity or whether buying thatnew vacation property is as important as it seems.
I recommend that each person in yourhousehold complete their list independently and compare the resultswith each other. It can be quite an illuminating experience. By discussing theresults, you gain a better understanding ofwhat each of you want to achieve and thiscan help in decisions around such thingsas finances and retirement.
The 20 Priorities listed at the end of thisarticle are divided into the 4 categoriesthat follow:
10 Minutes to Refocus your PrioritiesTheGreenReport
in this issue...
SPRING 13
Service Matters ......................2
A Fresh New Look for Green Financial Group ............3
10 Minutes to Refocus Your Priorities ........................4
will shape your future results. Your financial plan is a blueprint for buildingeffective strategies to reach your financialand life goals.
Please get in touch with us if there is anything we can do to help you along this journey.
The 20 Priorities
112 Springbank Ave.Woodstock, Ontario N4S 7P8
Phone: (519) 539-8212Toll-Free: (888) 539-8212Fax: (519) 539-7415
www.greenfinancialgroup.com
Priorities 1-5 “Must Haves”
Priorities 6-10 “Important”
Priorities 11-15 “Nice to Have”
Priorities 16-20 “Not Important”
Once you have sorted the 20 priorities,focus on the top 5 “Must Haves” and usethese to guide your decision making.
The late Stephen Covey in his bestsellingbook, “The Seven Habits of Highly Effective People” identified Habit 7 as“Sharpen the Saw”. This refers to the needto take time on a regular basis to renew thefour dimensions of our nature (Physical,Mental, Social/Emotional, Spiritual). Justlike a craftsman needs to stop workingfrom time to time to sharpen his tools, individuals benefit from setting aside timeregularly to renew and refresh. Withoutthis we find ourselves expending more energy with decreasing results over time.
The 10-minute Priorities Exercise fitsneatly into this habit by allowing us toidentify those items most important to usand so we can make decisions accordingly.
I recommend making cards, one with eachof the 20 Priorities on them for easier organization. At least once per year youshould go through this process to ensureyour decisions line up with the most important things in your life.
For many people financial security followsclose behind family and health priorities.At Green Financial Group, we are here tohelp you with this by showing you howyour current financial strategy looks nowand how your savings and spending habits David Harris, CFP®
Investment AdvisorCertified Financial Planner
DWM Securities Inc.
Paul Green, CFP®
Investment AdvisorCertified Financial Planner
DWM Securities Inc.
Once you’ve sorted the 20priorities, focus on yourtop 5 “Must Haves” anduse these to guide yourdecision making.
Contribution to Society/Legacy Co-Workers
Current Income Equity Ownership
Family Friends
Financial Security Future Income
Geographic Location Health
Home Environment Influence and Power
Intrinsic Nature ofWork Leisure Time
Personal Growth Prestige and Status
Professional Growth Spiritual Development
Spouse/SignificantOther
Workplace Environment
TheGreenReport servicematters
Green Report OnlineA number of our clients have men-tioned that they would rather re-ceive Green News in their emailinboxes rather than their snail mailmailboxes. If you’d like to savesome paper and receive a‘greener’ copy of Green Newssimply email us at:
Notice of Assess-mentsPlease remember to keep us up todate with your latest Notice of As-sessment from the Canada Rev-enue Agency. This isespecially important for those ofyou that hold TFSA accounts. Youcan drop by the office anytime andlet Susan take a copy for our filesor, if you prefer to stay insidewhere it is warm, simply scan thedocument and email it to us at:
Email trading is nowavailableWith winter weather looming andsnowbirds heading south, we arehappy to announce that we cannow accept verbal and emailed in-structions to complete certain ac-count transactions. Besidessaving time and paper, this newservice offers the convenience ofbeing able to provide us with in-structions from the comfort ofyour home or anywhere in theworld! If you are interested inregistering for this service pleasecontact us or drop by the office.
TheGreenReport
Service MattersClient Shredding DaySave the Date - April 29, 2013.Bring any of your tax returns olderthan 10 years along with anyunwanted financial documents forshredding from 10 am to 4 pm.Integra Shredding will have lockedcontainers on site where you candeposit your documents forshredding. Enjoy a coffee anddonut on us while you're here.We hope to see you on April 29th!
Beware of Suspicious EmailsRecently there have been manymalicious emails circulating andwe want to make sure your privacyis kept intact. Always besuspicious of any email you mayreceive from unknown sources. Ifan email looks suspicious, delete itwithout opening the message.
Sign Up for Wealth-Tracker™Dundee WealthTracker™ allowsour registered clients to log in andview up-to-date account valuationsand portfolio reports at any time.Using this service, clients can viewcurrent account holdings and run avariety of portfolio reports.To gain your login access toWealthTracker™ please contactthe office and we’ll be happy toget you set up. WealthTracker™login is available on our website atwww.greenfinancialgroup.com.
DundeeWealth MailingsMany of our clients have recentlyreceived numerous envelopes ofaccount summaries and feestatements. We apologize for theamount of paperwork you havereceived. We have brought it to theattention of DundeeWealth to seeif we can have this reduced.You can significantly reducemailings you receive by signingup for E-Delivery throughWealthTracker™. When loggedin, simply check the appropriateboxes under preferences to receiveyour statements electronically.You’ll be notified by email when astatement is available to view.
Tastings 2013 (May 10/13)Green Financial Group is a titledsponsor at this year’s Big BrothersBig Sisters Tastings 2013 event.This year’s theme, BIG Taste ofWoodstock, will be a celebrationof the organization’s 100thanniversary and will feature localcuisine, live entertainment and more.Sign up for the Clash of theCupcakes competition – there’s acategory for both Professionals andthose who would like to be. For moredetails visit www.bbbswoodstock.caand click on Events. The Green Teamlook forward to seeing you there!
Youth for Christ GolfTournament (June 5/13)Paul Green has participated in thisannual tournament event for themajority of its 25 year history.Green Financial Group is a titlesponsor of this year's tournament andwe hope you'll join Paul as he hits thecourse for this great cause. Thetournament takes place at CraigowanGolf and Country Club with a tee-offtime of 8:30 am. Pamphlets areavailable at the front desk if you'd likemore information.
CChheeff ’’’ss CCoorrnneerrwith chef Rob Bart ley
Why marinate?The main purpose of marinating is tointroduce a flavour to a piece of meat,poultry, fish or vegetable. In somecases marinating can help to tenderize a tougher piece of meat likeflank steak, pork shoulder chops, etc.
For how long?Generally speaking beef, pork, lamband chicken can marinate anywherefrom 2-6 hours depending on size.For whole roasts you can extend marinating time to 8-10 hours. For fishand seafood marinating should bequick – 30 mins to 2 hours max.
• 1 onion, roughly chopped• 1 carrot, roughly chopped• 1 stalk of celery, roughly chopped• 1 x 2” piece of ginger, cut into coinsand smashed with the back of aknife• 1 head of garlic, broken apart androughly smashed with back of knife• ½ bunch of cilantro, roughlychopped
• 1 TB Chinese 5 spice powder• 1 cup of light soy sauce• ½ cup dark soy sauce (also calledmushroom soy)• 2 TB sugar• 1 TB sesame oil• 1 cup Chinese rice wine OR drysherry• 1 L water
MARINATING TIPS
We are pleased to introduce our new corporate identity! As GreenFinancial Group grows and evolves, we felt it was time that our logoand website underwent a transformation to reflect that progression.Over the last few months, we have been working hard to develop anew logo and website with a modern, professional feel.
You’ll soon see our new logo appearing on all GFG communica-tions starting right here with The Green Report and soon on our signage, stationery and other communications. A new Green Reportdesign that reflects our new look makeover is also underway andwill debut in the Summer 2013 issue - stay tuned!
GreenFinancialGroup.com Website – New Look, New Features
Our new website has been designed to help visitors learn how GreenFinancial Group’s unique solutions can help them achieve their financial goals through building wealth and managing their risks.The website outlines GFG’s 8 step Wealth Evolution Solution™ as it uniquely applies to Business Owners, Retirees, Farmers, Pre-Retirees and Professionals.
We hope that our clients will find the new website usefulfor accessing account information and as a resource forquestions that they or their friends and families may haveon investing and financial planning. We will be updatingcontent on the website regularly so please check backoften for new content.
The site now includes many new resources and tools including:
Client Login Page
• Direct access to your WealthTracker™ account loginis now available right on our website.
New Media Centre
• Watch videos, request resources, access Green Reportissues and use our contact form to get in touch with us.
• Watch for helpful articles written by Paul and Dave inour new “Insights from GFG” Blog.
• Stay on top of Green Team News and Upcoming eventswhich we hope you’ll register for.
Get to Know Us Better
• We’ve included more information about Green Financial Group, Our Philosophy and our team members. See what are clients are saying about us!
A Fresh New Look for Green Financial GroupGreen Team News
Bartley’s All Purpose Asian Marinade (great for chicken, pork and beef): Mix all ingredients together and place in a plastic tub.
Types of Marinating:
Flavoured Oils Chili, lemon oil, truffle, garlic, olive, mushroom, etc.Herbs Rosemary, thyme, bay leaf, dill, parsley, oregano, fennel, etc.Vegetables Garlic, onions, ginger, lemongrass, celery, etc,Spice Rubs Cajun, Old Bay spice, paprika, cumin, 5 spice, tandoori, curry,Liquids Tomato juice, wine, beer, fruit juices, etc.Acids Wine vinegars, citrus fruits, buttermilk, yogurt, etc.Combinations Any and all combinations of above ingredients (get creative)
Useful Resources
• We’ve provided financial calculators to help with Retirement Planning, Education Planning, Mortgage and Loans and more.
• Social Media buttons allow you to share content on various social media platforms.
Responsive Design
• Visit greenfinancialgroup.com on your computer, mobile device or tablet.
We hope you’ll take a moment to browse around the new site and tellus what you think. If you have any trouble loading the new website,please clear your cache and cookies in your internet options. Yourfeedback will help us to continue to serve you better. Send any comments or suggestions to: [email protected].
We hope that our clients will find the newwebsite useful for accessing account information and as a resource for
questions that they or their friends andfamilies may have on investing and
financial planning.
TheGreenReport servicematters
Green Report OnlineA number of our clients have men-tioned that they would rather re-ceive Green News in their emailinboxes rather than their snail mailmailboxes. If you’d like to savesome paper and receive a‘greener’ copy of Green Newssimply email us at:
Notice of Assess-mentsPlease remember to keep us up todate with your latest Notice of As-sessment from the Canada Rev-enue Agency. This isespecially important for those ofyou that hold TFSA accounts. Youcan drop by the office anytime andlet Susan take a copy for our filesor, if you prefer to stay insidewhere it is warm, simply scan thedocument and email it to us at:
Email trading is nowavailableWith winter weather looming andsnowbirds heading south, we arehappy to announce that we cannow accept verbal and emailed in-structions to complete certain ac-count transactions. Besidessaving time and paper, this newservice offers the convenience ofbeing able to provide us with in-structions from the comfort ofyour home or anywhere in theworld! If you are interested inregistering for this service pleasecontact us or drop by the office.
TheGreenReport
Service MattersClient Shredding DaySave the Date - April 29, 2013.Bring any of your tax returns olderthan 10 years along with anyunwanted financial documents forshredding from 10 am to 4 pm.Integra Shredding will have lockedcontainers on site where you candeposit your documents forshredding. Enjoy a coffee anddonut on us while you're here.We hope to see you on April 29th!
Beware of Suspicious EmailsRecently there have been manymalicious emails circulating andwe want to make sure your privacyis kept intact. Always besuspicious of any email you mayreceive from unknown sources. Ifan email looks suspicious, delete itwithout opening the message.
Sign Up for Wealth-Tracker™Dundee WealthTracker™ allowsour registered clients to log in andview up-to-date account valuationsand portfolio reports at any time.Using this service, clients can viewcurrent account holdings and run avariety of portfolio reports.To gain your login access toWealthTracker™ please contactthe office and we’ll be happy toget you set up. WealthTracker™login is available on our website atwww.greenfinancialgroup.com.
DundeeWealth MailingsMany of our clients have recentlyreceived numerous envelopes ofaccount summaries and feestatements. We apologize for theamount of paperwork you havereceived. We have brought it to theattention of DundeeWealth to seeif we can have this reduced.You can significantly reducemailings you receive by signingup for E-Delivery throughWealthTracker™. When loggedin, simply check the appropriateboxes under preferences to receiveyour statements electronically.You’ll be notified by email when astatement is available to view.
Tastings 2013 (May 10/13)Green Financial Group is a titledsponsor at this year’s Big BrothersBig Sisters Tastings 2013 event.This year’s theme, BIG Taste ofWoodstock, will be a celebrationof the organization’s 100thanniversary and will feature localcuisine, live entertainment and more.Sign up for the Clash of theCupcakes competition – there’s acategory for both Professionals andthose who would like to be. For moredetails visit www.bbbswoodstock.caand click on Events. The Green Teamlook forward to seeing you there!
Youth for Christ GolfTournament (June 5/13)Paul Green has participated in thisannual tournament event for themajority of its 25 year history.Green Financial Group is a titlesponsor of this year's tournament andwe hope you'll join Paul as he hits thecourse for this great cause. Thetournament takes place at CraigowanGolf and Country Club with a tee-offtime of 8:30 am. Pamphlets areavailable at the front desk if you'd likemore information.
CChheeff ’’’ss CCoorrnneerrwith chef Rob Bart ley
Why marinate?The main purpose of marinating is tointroduce a flavour to a piece of meat,poultry, fish or vegetable. In somecases marinating can help to tenderize a tougher piece of meat likeflank steak, pork shoulder chops, etc.
For how long?Generally speaking beef, pork, lamband chicken can marinate anywherefrom 2-6 hours depending on size.For whole roasts you can extend marinating time to 8-10 hours. For fishand seafood marinating should bequick – 30 mins to 2 hours max.
• 1 onion, roughly chopped• 1 carrot, roughly chopped• 1 stalk of celery, roughly chopped• 1 x 2” piece of ginger, cut into coinsand smashed with the back of aknife• 1 head of garlic, broken apart androughly smashed with back of knife• ½ bunch of cilantro, roughlychopped
• 1 TB Chinese 5 spice powder• 1 cup of light soy sauce• ½ cup dark soy sauce (also calledmushroom soy)• 2 TB sugar• 1 TB sesame oil• 1 cup Chinese rice wine OR drysherry• 1 L water
MARINATING TIPS
We are pleased to introduce our new corporate identity! As GreenFinancial Group grows and evolves, we felt it was time that our logoand website underwent a transformation to reflect that progression.Over the last few months, we have been working hard to develop anew logo and website with a modern, professional feel.
You’ll soon see our new logo appearing on all GFG communica-tions starting right here with The Green Report and soon on our signage, stationery and other communications. A new Green Reportdesign that reflects our new look makeover is also underway andwill debut in the Summer 2013 issue - stay tuned!
GreenFinancialGroup.com Website – New Look, New Features
Our new website has been designed to help visitors learn how GreenFinancial Group’s unique solutions can help them achieve their financial goals through building wealth and managing their risks.The website outlines GFG’s 8 step Wealth Evolution Solution™ as it uniquely applies to Business Owners, Retirees, Farmers, Pre-Retirees and Professionals.
We hope that our clients will find the new website usefulfor accessing account information and as a resource forquestions that they or their friends and families may haveon investing and financial planning. We will be updatingcontent on the website regularly so please check backoften for new content.
The site now includes many new resources and tools including:
Client Login Page
• Direct access to your WealthTracker™ account loginis now available right on our website.
New Media Centre
• Watch videos, request resources, access Green Reportissues and use our contact form to get in touch with us.
• Watch for helpful articles written by Paul and Dave inour new “Insights from GFG” Blog.
• Stay on top of Green Team News and Upcoming eventswhich we hope you’ll register for.
Get to Know Us Better
• We’ve included more information about Green Financial Group, Our Philosophy and our team members. See what are clients are saying about us!
A Fresh New Look for Green Financial GroupGreen Team News
Bartley’s All Purpose Asian Marinade (great for chicken, pork and beef): Mix all ingredients together and place in a plastic tub.
Types of Marinating:
Flavoured Oils Chili, lemon oil, truffle, garlic, olive, mushroom, etc.Herbs Rosemary, thyme, bay leaf, dill, parsley, oregano, fennel, etc.Vegetables Garlic, onions, ginger, lemongrass, celery, etc,Spice Rubs Cajun, Old Bay spice, paprika, cumin, 5 spice, tandoori, curry,Liquids Tomato juice, wine, beer, fruit juices, etc.Acids Wine vinegars, citrus fruits, buttermilk, yogurt, etc.Combinations Any and all combinations of above ingredients (get creative)
Useful Resources
• We’ve provided financial calculators to help with Retirement Planning, Education Planning, Mortgage and Loans and more.
• Social Media buttons allow you to share content on various social media platforms.
Responsive Design
• Visit greenfinancialgroup.com on your computer, mobile device or tablet.
We hope you’ll take a moment to browse around the new site and tellus what you think. If you have any trouble loading the new website,please clear your cache and cookies in your internet options. Yourfeedback will help us to continue to serve you better. Send any comments or suggestions to: [email protected].
We hope that our clients will find the newwebsite useful for accessing account information and as a resource for
questions that they or their friends andfamilies may have on investing and
financial planning.
Stocks are back!
What a fantastic first quarter for equities! In Canadian dollars, theTSX was up 2.5%, S&P 500 was up12.5% and World markets were up9%*. Investors seem to be movingmoney back into stocks as there wereamounts not seen since 2000 recordedgoing into equity funds in the monthof January*. This is very bullish forstocks and as I wrote last quarter,may give investors a very healthy return in 2013. We continue to seestrength in stocks especially in the USover Canada. Bonds and cash weremostly flat to up slightly for the firstquarter as stocks truly stole the show.Our portfolios were up in the range of3% to 5% depending on the amountof bonds you hold reducing performance. To highlight our newestinvestment product that was launchedin late November 2012, Diversiflexand Diversiflex Plus performed verywell posting first quarter performanceof 5% and 6.2% respectively.
What’s next?
Obviously, I am not able to knowwhat will happen in the future, but Iwill let you know what the technicalsignals are telling me, which in turngives us higher probabilities of beingcorrect (not perfect). At this point, thetechnicals are pointing in the same direction as last quarter, continued
strength in stocks and specifically inthe US over Canada. To get a bitmore specific, we see signs ofstrength in Home Construction, Pharmaceuticals and Financials all inthe US. This does not mean we expect to see another fantastic quarterlike we just had, but we do expectstocks to outperform bonds and cashover the next 3 to 9 months. We arenot the only ones who are optimisticabout stocks. A number of veteranmoney managers see a long term bullmarket that is driven by North American energy independence, thereturn of outsourced factory jobs, recovery of the US housing market, atech boom and most importantly investors who were burnt in 2008 arecoming back to invest in stocks again.I have even heard talk about similarities between 1982, the start toone of the greatest bull markets ever,and our current market! Although Iam an optimist, I am not going to tellyou I feel this strongly about stocks atthis point.
What could spoil this party?
Like I said, we rely on probabilities.This means there could be manythings that get in the way of trendsand stop the momentum of new cashgoing into the stock markets. Currently the Euro Zone anxiety hasresurfaced (did it every go away?),focusing on banking issues in Cyprus
and continued political problems inItaly. With many convinced the Eurowill end badly, markets can turn sourat any time. I will not cover all thepossible problems, but instead let youknow that we will continue to monitor our data to attempt to protectyour investments from any major declines in stock prices.
In summary, we had an exceptionalfirst quarter and expect stocks to continue to perform well versusbonds and cash. Please watch formonthly email updates on Diversiflexto get the latest performance numbersand portfolio changes.
2013News &Views
C h a r t i n g Y o u r C o u r s e t o F i n a n c i a l I n d e p e n d e n c e
Paul’sPerspective
Securities related products and services are offered through DWM Securities Inc. Insurance products provided through Dundee Insurance Agency Ltd. This newsletter is solely the work of Paul Green and Dave Harris for the private information of their clients. Although the authors are a registered Investment Advisor and Mutual Fund Representatives with DWM Securities Inc., a DundeeWealth Inc. Company, this is not an official publication of DWM Securities Inc. The views (including any recommendations) expressed in this newsletter are thoseof the authors alone, and they have not been approved by, and are not necessarily those of, DWM Securites Inc. DWM Securities Inc., Member-Canadian Investor Protection Fund, is aDundeeWealth Inc. Company. *SIA Charts.com. * Maclean’s Feb 18, 2013.R 21;
At some point or another, I think mostpeople feel overwhelmed with the everyday activities life presents to us.With so many commitments pulling at usevery day, sometimes it is difficult tochoose the most important ones.
How about a 10 minute exercise to helpidentify what matters most to you? I wasreading a piece from Dan Richard’s ofClient Insights this month that reallystruck a chord with me. It is a simple, effective and quick way to organize 20different priorities into 4 categories.
Once completed, this list can help provideclarity when faced with decisions rangingfrom, where to live, evaluating a new job opportunity or whether buying thatnew vacation property is as important as it seems.
I recommend that each person in yourhousehold complete their list independently and compare the resultswith each other. It can be quite an illuminating experience. By discussing theresults, you gain a better understanding ofwhat each of you want to achieve and thiscan help in decisions around such thingsas finances and retirement.
The 20 Priorities listed at the end of thisarticle are divided into the 4 categoriesthat follow:
10 Minutes to Refocus your Priorities
TheGreenReport
in this issue...
SPRING 13
Service Matters ......................2
A Fresh New Look for Green Financial Group ............3
10 Minutes to Refocus Your Priorities ........................4
will shape your future results. Your financial plan is a blueprint for buildingeffective strategies to reach your financialand life goals.
Please get in touch with us if there is anything we can do to help you along this journey.
The 20 Priorities
112 Springbank Ave.Woodstock, Ontario N4S 7P8
Phone: (519) 539-8212Toll-Free: (888) 539-8212Fax: (519) 539-7415
www.greenfinancialgroup.com
Priorities 1-5 “Must Haves”
Priorities 6-10 “Important”
Priorities 11-15 “Nice to Have”
Priorities 16-20 “Not Important”
Once you have sorted the 20 priorities,focus on the top 5 “Must Haves” and usethese to guide your decision making.
The late Stephen Covey in his bestsellingbook, “The Seven Habits of Highly Effective People” identified Habit 7 as“Sharpen the Saw”. This refers to the needto take time on a regular basis to renew thefour dimensions of our nature (Physical,Mental, Social/Emotional, Spiritual). Justlike a craftsman needs to stop workingfrom time to time to sharpen his tools, individuals benefit from setting aside timeregularly to renew and refresh. Withoutthis we find ourselves expending more energy with decreasing results over time.
The 10-minute Priorities Exercise fitsneatly into this habit by allowing us toidentify those items most important to usand so we can make decisions accordingly.
I recommend making cards, one with eachof the 20 Priorities on them for easier organization. At least once per year youshould go through this process to ensureyour decisions line up with the most important things in your life.
For many people financial security followsclose behind family and health priorities.At Green Financial Group, we are here tohelp you with this by showing you howyour current financial strategy looks nowand how your savings and spending habits David Harris, CFP®
Investment AdvisorCertified Financial Planner
DWM Securities Inc.
Paul Green, CFP®
Investment AdvisorCertified Financial Planner
DWM Securities Inc.
Once you’ve sorted the 20priorities, focus on yourtop 5 “Must Haves” anduse these to guide yourdecision making.
Contribution to Society/Legacy Co-Workers
Current Income Equity Ownership
Family Friends
Financial Security Future Income
Geographic Location Health
Home Environment Influence and Power
Intrinsic Nature ofWork Leisure Time
Personal Growth Prestige and Status
Professional Growth Spiritual Development
Spouse/SignificantOther
Workplace Environment
