Feature: ~ Volatility? No Surprise- and Not so Volatile~
Other Stories: ~ Women and money: How to take charge ~
~Insurance made easy ~ ~The Road to Recovery: Which Economies are Reopening? ~
Volatility? No Surprise - and Not so Volatile
On June 11, U.S. equity markets fell sharply, with declines in excess of 5% for the S&P 500 Index and Dow Jones Industrial Average.
While notable, the magnitude of these moves is rather ordinary and can be expected to occur throughout a long-term investor’s timeline.
When current conditions are taken into account, they are no surprise either.
To read this full article from SEI Investments, CLICK HERE. Should you have any questions or comments, please be sure to contact us.
Other Stories: Women and money: How to take charge
90% of women will have to manage their finances at some point in their life, which is why learning to have a solid understanding of how to manage money and invest for the future is imperative. Take a look at the 5 ways that may help you become financially engaged below:
Learn at your own pace
Participate in programs at work
Turn to a pro
Find a financial friend
To read this full article from Fidelity Investments, CLICK HERE.
Insurance made easy
Getting the protection you need is faster and simpler than ever before. When thinking about getting a financial plan in order, many people tend to focus on investments, bank account balances, or paying down debt. Insurance protection can sometimes get put on the back burner, often because of misconceptions: it’s not fun to think about, it seems difficult to get or it’s assumed to be unaffordable. Well, insurance is changing – and today’s solutions not only make getting the coverage you need faster and easier than ever before, they can also play a big part in helping you reach your financial goals. Tailored for your needs Insurance is an important part of a financial plan – even those who are young, don’t have children or are not the main breadwinner of a family should have some form of protection. That said, choosing the right type of insurance for your life stage and financial needs is key. For example, young professionals may want to consider critical illness or disability insurance to help manage expenses if an illness or disability prevents them from working, whereas middle-aged consumers might benefit most from a permanent life insurance policy.
To read this article by Manulife, CLICK HERE. If you have questions be sure to contact us.
The Road to Recovery: Which Economies are Reopening?
Covid -19 brought the world to a halt. But after months of uncertainty, things are slowly easing back to normal. In a simple chart this article shows which major economies are reopening, based on two metrics:
Mobility index &
Covid-19 recovery rate.
The higher the mobility rate the more economic activity there is. In most cases, mobility rate also correlates with a higher rate of recovery from Covid-19.
CLICK HERE to read this full article from Visual Capitalist. If you have any questions please be sure to contact us.
Get your Personalized Insurance Quotation
Curious how much it would cost to purchase a life insurance policy? CLICK HERE to provide you with a quick and basic quote.
Comparisons and quotes are intended for guidance and educational purposes only. For more information, contact the office @ 250-585-0377 or firstname.lastname@example.org
Did You Know...
At Irvine Financial we implement a process whith a holistic approach offering a balance of customized service, financial planning, investment opportunities and risk management.
Helping all our clients to manage their financial matters during each stage of their life and help them reach their personal financial goals in the most tax and cost-effective way is what we do, CLICK HERE to book an appointment.
Why Life is Better with a CFP Professional- Video
Global research shows that people who work with CFP professionals are more likely to feel confident in achieving their financial goals. To view the results and watch the video CLICK HERE
Financial Term of the month
An abbreviated and simplified prospectus distributed by mutual funds to purchasers and potential purchasers of units or shares.
Are you aware of our Life Insurance Estimator?
Our handy calculating tool can quickly provide the amount of life insurance coverage you may need in addition to the existing coverage you are included under.(Note: As the name indicates this is an estimation and should not be assumed to be an analysis). CLICK HERE for your estimation. Be sure to contact us to review your insurance needs.
BC's Covid-19 response - Updated
The Provicial Government of British Columbia has laid out some initial steps to gradually reopen our economy as well as some additional programs CLICK HERE to explore BC's Covid-19 response.
Look for us on Social Media
Check out our Instagram Page CLICK HERE and Facebook Page CLICK HERE or look for us under the name Irvine Financial.
Mutual Funds and Segregated Funds provided by the Fund Companies are offered through Worldsource Financial Management Inc. Other Products and Services are offered through Irvine Financial. The information provided is general in nature and is provided with the understanding that it may not be relied upon as, nor considered to be, the rendering of tax, legal, accounting, or professional advice. Readers should consult their own subject matter experts for advice on the specific circumstances before taking any action. The opinions expressed are those of the owners and writers only. Commissions, trailing commissions, management fees, and expenses may all be associated with mutual fund investments. Mutual funds are not guaranteed, their values frequently change and past performance may not be repeated. Please read your funds simplified prospectus before investing.