DEEP DIVE
In Depth Article – Heavy on the facts and details definitely for the committed reader.

Rob's Read

Re-Framing the Next Downturn

AWealthOfCommonSense.com:

"It feels like people have been worried about the next recession every day since the last one was over. I get it. Recessions aren’t fun. But you can’t constantly remain in the fetal position simply because you know the economy and markets eventually have a downside.

If you would have told me in 2009 the following would be true today I probably would have called you a liar:

• The unemployment rate is 3.7% (down from a high of 10% in 2009)
• Inflation is basically non-existent (despite unprecedented monetary policy actions from the Fed)
• U.S. government bond rates have remained subdued (despite an explosion in the deficit and a credit rating downgrade in 2011)
• Oil prices are down roughly 60% (from over $120/barrel in 2011)
• The stock market has quadrupled (from the lows in March 2009)
• There are trillions of dollars of negative-interest yielding bonds around the globe
• We are now in the longest-running economic expansion in modern U.S. history

In comparison to 2009 when the world was seemingly on the precipice of falling apart, things are pretty great in terms of the markets and economy right now. But because the Great Financial Crisis of 2007-2009 was so severe, investors have been worried about the next recession since the day it ended. "

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Rob McClelland RFP, CFP, HBA Vice President, Co-Branch Owner, Senior Financial Planning Advisor The McClelland Financial Group of Assante Capital Management Ltd.

Millennial MOMENT
Light Read – Need to know information for the Millennial in you

Millennial Moment

Growth in income lagging behind cost of living and tuition

The world around us is constantly becoming more expensive. Young adults have been dropped into a situation where the cost of living has grown at a rate much higher than the growth of household income. Couple that with the constant increase in tuition costs, it has never been more important to save.

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John Iaconetti B.A.S., Spec. Hons. Administrative Studies (Finance) Financial Advisor The McClelland Financial Group of Assante Capital Management Ltd.

LIFESTYLE
Light Read – Fun and Enjoyable!

Lifestyle

Getting through the 9-5 grind is tough some days, especially if your mind wanders.

We've all experienced moments where we're trying to get a tough task done and our mind can't stop wandering. Constant mind wandering apparently leads to frustration and less happiness so make sure you read these 9 ways to focus a wandering mind so it can lead to a happier and more productive you!

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Michael Ams B.Com. Strategic Associate The McClelland Financial Group of Assante Capital Management Ltd.

Congratulations
Egheghe Ade-Akhani!

We are pleased to announce Egheghe Ade-Akhani
as the winner of the 2019 McClelland Scholarship
in the amount of $1,500.

"Words can't describe how excited I am to be a recipient of this year's Assante scholarship. This scholarship means a lot to me because, with this scholarship my dreams of becoming a social worker someday will be achieved, as the money will help me pay part of my school fees. With this scholarship, a weight has been lifted off my family's shoulder and I am so grateful for that. Thank you so much for your assistance."

WHAT’S NEW?
Light Read – Updates on need to know details for Assante clients on technology and industry changes

Introducing Box

We are excited to introduce the latest technology on secure file sharing to help simplify your financial life. With that in mind, we would like to share your personal box folder with you. This allows you greater control and freedom when it comes to your important files.

If this is something you’re interested in, please click below to inform us. No need to reply if you do not want access.

YES, I would like to access BOX

Be sure to fill out the Greatest Client Experience Survey for your chance to win 2 tickets to see the Raptors!

THINK SMART
Podcast – Listen to Mike and Rob and their latest thoughts and industry insights

Think Smart

What we learned from our
evening with Preet Banerjee

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