Rising Markets Amid Uncertainty: What It Means for You
Client Portal
The Canada Post strike serves as a reminder that we can access the information we need on our investments - without paper. If you haven't already done so, we encourage you to access your investment information through the Investia Client Portal. You can look at your holdings, performance, transactions and even your official statements. In a world where mail delivery is increasingly unreliable, we believe it is a good investment of our time get the information we need via the portal. Call us if you would like our assistance in gaining access.
Click here to access the portal.
Values up in Q3
The third quarter of 2025 saw investment values rise despite an increasingly volatile geopolitical backdrop. Once again, we were reminded why it’s wise to hold at least some Canadian content in our portfolios: Canadian banks, financials, commodities, mining, and precious metals all delivered strong performance over the summer months.
Our Prediction for the Stock Market…
…is simply that at some point it will go down — we just don’t know when.
If, back in January, we had shifted our investments to cash based on geopolitical “insights” — Israel’s growing tensions, ongoing wars in Ukraine and Iran, political instability in Nepal and Thailand, even a political assassination in the U.S. — we would have missed out on strong gains. So far this year, the S&P 500 is up 13.8% and the TSX is up 21.5% (Source: Yahoo.ca).
Of course, the year isn’t over, and markets could still correct this fall or later. But here’s perspective: the S&P 500 would need to fall 12% and the TSX 17% just to return to January levels. Both good times and bad remind us how difficult — and costly — it is to make short-term investment decisions based on headlines and world events.
'Tis the Season
We count it a privilege to partner with many of you to maximize the tax efficiency and impact of your charitable giving. If you haven’t already, please reach out to us about your year-end donation plans. This allows us to prepare in advance and avoid the December rush.
Feel free to reach out if you have any questions about this letter or your investments.
