Stock news for investors: Retail stocks tumble despite strong earnings + MORE Jun 20th
Retirement taxes explained: Withholding, clawbacks, and other surprises Sep 19th
How annuities work in Canada + MORE Apr 18th
Do you actually need a financial advisor in your 30s and 40s? May 9th
Stock market news for investors: Shopify’s new exchange, Google’s acquisition, Nvidia’s launches and OTPP’s performance Mar 21st
Making sense of the markets this week: December 24, 2023
– moneysense.ca
Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors.
It’s a tough job, but…
It’s really hard to predict what the investment world will do. It’s even harder to predict what an investment is going to do within a relatively short time frame.
In fact, I’d argue that it’s so difficult, you probably shouldn’t use any single source of information to gain an edge and “beat” the market.
With that disclaimer out of the way, let’s look back at how we saw 2023 playing out, and give ourselves a report card. After all, we think it’s important to be accountable if you’re going to toss out public predictions.
As we look back on the year that was, some of the predictions may look obvious in hindsight, but you have to remember where the world was as 2022 came to an end. Inflation looked unstoppable, and all anyone wanted to talk about was doom, gloom and the 2023 recession…
