It's September 17th and the US Federal Reserve has decided to keep the federal funds rate unchanged. The fed's fund rate is the benchmark for interest rate levels across the US. Though this rate was not raised today, the Fed committee anticipates the rate will be raised in the near future, very possibly this December.
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“Justin has proven his worth by being more than an investment advisor. He tries to bring value to every interaction and is a name to watch in this industry going forward.” - Fabiana Lara, creator of The Next Big Rush
"Justin Hayek has been my investment advisor for over 7 years. I find his market knowledge invaluable. He has helped my portfolio grow, exceeding my expectations. I will continue to take advantage of his expertise and would highly recommend him to anyone looking for a fantastic advisor!" - Chase Shymkiw, Maple Ridge, BC
Over the last few years, you have probably heard a lot about exchange traded funds (ETFs). And with good reason. The popularity of ETFs is growing fast. Really fast. Ten years ago in the US, total assets under management for ETFs stood at $230 billion.
Many people have heard of a "balanced-diversified" portfolio but few know what it really is, its advantages and even fewer put it into practice.
What is a balanced-diversified portfolio?
If I told you that breast cancer was the most common cancer affecting women over the age of 20 in Canada, I’m sure you’d be as shocked as I was. Startlingly, an estimated 67 women are diagnosed with breast cancer every day! Unfortunately, chances are you or someone you know has been directly affected by breast cancer.
If you were paying attention to the markets last week (August 24-28) you will have noticed they were much more volatile than usual. Even if you had not intently watched the markets, you couldn’t help but hear about it in the news. Funny how the mainstream media decides to cover the markets only when there are quick and serious corrections.
Welcome to my blog and website! I thought it was about time to put myself and my thoughts out there. It was already done once before, through a monthly newsletter I helped create and distributed to clients, but I thought this blog would be more appropriate for more general and diverse topics of discussion.
Why am I doing this?