Money Thoughts – June

DLD Quarterly Money Thoughts (June 2022) includes Revisiting the 10 Basic Truths about Investing and Economic Outlook, DLD Live Webinar with Galibier Capital Management, DLD in the Media (we were on TV!), DLD in the Community (we won an award!). We had a VERY eventful quarter here at DLD – we hope you find the updates in this newsletter helpful. Keep scrolling!
Revisiting the 10 basic truths about investing

Revisiting the 10 Basic Truths about Investing

With the news talking about inflation records everyday and how the economic momentum is turning negative, it is easy to get distracted from your long-term goals. Here are the 10 Basic Truths about Investing:

  • Diversification is still your most important investment strategy.
  • It’s time in the market that matters, not timing the market.
  • Someone’s portfolio will always be doing better than yours (or at least they will say it is!).
  • Markets go through up and down cycles, but they have trended higher over the long term.
  • Markets are unpredictable, so focus on what you can control.
  • What matters isn’t what the market does, but what you do in response.
  • Volatility decreases the longer you’re invested.
  • The more frequently you check your portfolio, the more volatile it will feel.
  • Risk doesn’t look like risk when it’s earning a return – manage risk, don’t avoid it.
  • Headlines often focus on the sensational, short term and negative – none of which should matter to investors.

Source: RBC Global Asset Management

DLD Webinar Market Update with Galibier on May 26, 2022

DLD Live Webinar with Galibier Capital Management

On May 26, 2022, we hosted a webinar with Andrew Wallman, CFA and Lauree Wheatly, CFA of Galibier Capital Management. Through Canada Life’s institutional investment mandate, many of you are invested in Galibier’s Canadian equity pool. In this webinar, they talked about “growth at a reasoned price”. With a 25-30 company mandate, they discussed their methodologies on how they select companies for their pool. Hint hint – for all the parents out there, Paw Patrol is in this portfolio through Spin Master Corp.

Contact us directly for the link to view the webinar 

DLD in the Media

The Globe and Mail
FP Canada™

DLD in the Community

Canada Life Community Builder Award for The Shred Foundation

Congratulations to David Drummond for winning the Canada Life Community Builder Award for The Shred Foundation. Through The Shred Foundation, Dave has organized charity mountain bike rides to raise scholarship funds for amateur mountain bike athletes. 5 awards were granted this year!

Female Trailblazer of the Year

Congratulations to Kelly Ho for being a Finalist in this year’s Female Trailblazer of the Year category for the 2022 Wealth Professional Awards.

Please do not hesitate to contact us if you have any questions or if there’s anything we can do to help.

Thank you for your time. Happy Summer!
Dave, Kelly and Ryan