June 29, 2006
Topic: The Calculus of Retirement Income: Annuities and Life Insurance
MoneyTalk Guest: Moshe Milevsky, Professor of Finance, Schulich School of Business, York University
Milevsky's Tip: A new generation Defined Contribution pension plans are rapidly taking the place of old-style Define Benefit pension plans. This shift means that the responsibility of providing a sustainable retirement income is moving from corporations to individuals...Your portfolio’s longevity might be at risk!
June 22, 2006
Topic: Is there a Pension Crisis?
MoneyTalk Guest: Ian Markham, Director, Pension Innovation, Watson Wyatt Worldwide
Malcolm Hamilton, Principal, Mercer Human Resource Consulting
Markham's Tip: Ask your provincial member of parliament what their government is doing about the ever-reducing percentage of workers covered by pension plans in your province. You may be surprised by the answer.
Hamilton's Tip: As a rule, it is unwise for Canadians to borrow and save at the same time.
June 15, 2006
Topic: Market Correction or Return of the Bear?
MoneyTalk Guest: Bob Gorman, Vice President, Private Client Group, TD Bank Financial Group
Beata Caranci, Senior Economist, TD Bank Financial Group
Beata's Tip: Investors would be wise to brace for a period of economic and financial market volatility, but economic weakness should prove relatively mild and short-lived.
Gorman's Tip: Market volatility should act as a reminder to investors to re-balance their portfolios regularly. Re-balancing helps reduce portfolio volatility and breeds more consistent performance to help you reach your financial goals.
June 8, 2006
Topic: A Strategist Investment Perspective
MoneyTalk Guest: George Vasic, Chief Economist & Equity Strategist, UBS Canada
Market weakness could be your investment opportunity.
June 1, 2006
Topic: The Power of Positive Networking in Work and Life
MoneyTalk Guest: Judy Thomson, Co-Author and Chief Operating Officer, Shepa Learning Company
Gayle Hallgren-Rezac, Co-Author and VP Marketing, Shepa Learning Company
Judy's Tip: Too many people arrive skip the reception during a networking event. They miss some great networking opportunities and end up sitting in the last seats available. Gayle's Tip: In business the best time to exchange cards is when you first meet. Make it part of your graceful introduction so there's none of the anxiety of worrying when to do the card exchange.
May 25, 2006
Topic: Generational Planning – Keeping it in the Family
MoneyTalk Guest: Arthur Heginbottom, managing director, TD Asset Management
Krista Kerr, president and chief opperating officer, Kerr Financial Corporation
Krista's Tip: Families need to take an integrated approach to not only protect against a decline in their wealth due to inflation and taxes but also grow family wealth from one generation to the next.
Arthurs' Tip:To ensure your will continues to reflect any long-term intentions/values you have in mind for the disposition of your assets to succeeding generations, review your will at least every 5 years or when any material or life-changing events occur.
May 18, 2006
Topic: Biggest Bang for your Buck
MoneyTalk Guest: Daniel Kesselring, author, "Dollars to Donuts"
Pat Foran, consumer advocate and author, "The Smart Canadian’s Guide to Building Wealth"
Daniel's Tip: A live-below-your-means lifestyle is based on 3 principles:
1) Value-for-the-dollar purchasing
2) Net-worth thinking and
3) A minimum weekly savings component
Pat's Tip: On the first day of each month calculate your total debt. Doing this simple exercise will help you monitor your debt load from month to month and help you ensure it is decreasing and not increasing.
May 11, 2006
Topic: How To Protect Your Nest Egg (REPLAY)
MoneyTalk Guest: Richard Croft, author of "Protect your Nest Egg"
Richard Croft's Tip: The objective of a good financial plan is to maximize the value of your financial resources. Your financial plan must be dynamic as your personal circumstances and economic environment change. Financial planning is an on-going activity and the plan is an evolving roadmap to the achievement of your financial goals.
May 4, 2006
Topic: The Sandwich Generation
MoneyTalk Guest: Dr. Janice Lessard, director, Scarborough Memory Program
Susan LeRoy, senior financial advisor, Assante Wealth Management
Karen Henderson, founder and CEO, Caregiver Network Inc.
Elisabeth Dobbs, senior development officer, Kingston Hospitals Joint Advancement Foundation
Dr. Lessard's Tip:
It is not normal for memory to decline in old age. Frailty is reversible. 30 minutes per day brisk exercise, including lifting weights, is the key to maintaining health in old age.
Susan's Tip:
Plan like you’ll live forever. Live like you’ll die tomorrow.
Karen Henderson's Tip:
Don't assume that wealth makes one immune to: The consequences of poor family communication, the emotional chaos of caring or being cared for and the consequences of poor planning
Liz Dobbs' Tip:
Sometimes the situation can be so overwhelming that one cannot function in ways they are used to, so, ‘If some days all you can do is breathe, just breathe.’
April 27, 2006
Topic: Energy, Gold and Materials
MoneyTalk Guest: Ari Levy, VP and Director, TD Asset Management
Margot Naudie, Managing Director, TD Asset Management
Ari's Tip:
Focus on company cost structures at all points in the cycle to reduce your downside risk - it doesn't matter until it matters.
Margot's Tip :
Look for companies with high quality assets that will make a decent rate of return over the commodity cycle, solid management and positioned in stable regions .
April 20, 2006
Topic: Technology and Healthcare
MoneyTalk Guest: Shameze Rampertab, Senior Healthcare and Biotech Analyst, Jennings Capital Lawrence Surtees, Director and Principal Analyst, IDC Canada
Lawrence's Tip:
A public company consists of two parts: The business they are in; and the business of their stock. If the dot.com meltdown has one clear lesson, it is to be aware of such a divorce and gain an understanding of the technology and the stock.
Shameze's Tip:
A better mousetrap (drug/medical device/healthcare service) has to be assessed for its real world utility in order to forecast the revenue potential. Current competition, future competition, who will pay and how much they are willing to pay, need to be analyzed.
April 13, 2006
Topic: Consumer Products and Industrials
MoneyTalk Guest: Paul Harris, Principal and Portfolio Manager, Avenue Investment Management
Jonathan Wellum, Chief Investment Officer and Portfolio Manager, AIC
Paul's Tip:
The peak in the capital spending cycle is the point of maximum optimism and the trough is the point of maximum pessimism.
Jonathan 's Tip:
A great way to discover a good consumer business is to reflect on the products you buy and the businesses you shop at for your consumer products.
April 6, 2006
Topic: Financials and Utilities
MoneyTalk Guest: Gavin Graham, Chief Investment Officer, Guardian Group of Funds
Chyanne Fickes, Vice President and Portfolio Manager, Stone Asset Management
Gavin's Tip:
Why buy direct properties with all the maintenance and taxes when you can buy some of the best properties and managers by buying a REIT? The net yield will be about the same, you know exactly what price you'll receive and get your proceeds in 3 days.
Chyanne's Tip:
When looking for yield in this market, quality income trusts provide a superior income flow at lower valuations as compared to the historical high-yield play of utility stocks, which currently trade at P/E's in the 20's with lower yields .
