Investing

Jun252016

"The dumb money effect... bad timing is at the heart of this."

The UK leaving the

By Rick Tomalty on June 25, 2016 in Financial Advisors , Financial crisis , Financial Decision-making , Investing , Retirement Planning , Saving , Spending behaviours , The Value of Advice with 0 comments

Yesterday, we woke to news that the citizens of the UK have voted to leave the European Union. While polls hinted that the...

Feb182014

Can I retire WHEN I want, to do WHAT I want?!

Retirement Readine

By Rick Tomalty on February 18, 2014 in Budgeting , Financial Advisors , Financial Decision-making , Financial Literacy , Investing , Life Insurance , Pension Plans , Retirement Planning , Saving , The Value of Advice with 0 comments

My memory takes me back a number of years now to a gathering at a pool party in a friend’s backyard. I was part of a group...

Aug282013

Commuting your Pension: An option worth exploring.

Time for a final c

By Rick Tomalty on August 28, 2013 in Commuting your pension , Defined Benefit Pension Plans , Defined Contribution Pension Plans , Financial Advisors , Financial Decision-making , Financial Literacy , Investing , Pension Plans , Retirement Planning , The Value of Advice with 0 comments

I think back to my university sociology classes where we studied demographic graphs until my eyes crossed, and how much more...

Mar012013

We're all guilty of it...

It’s Hard no

By Rick Tomalty on March 01, 2013 in Financial Advisors , Financial Decision-making , Financial Literacy , Financial Philosophy , Investing , Life Insurance , Retirement Planning , The Value of Advice with 0 comments

Time for a pop quiz: what do former NBA star Dennis Rodman and North Korean leader Kim Jong-un have in common? Answer:...

Jan242013

Strategic asset allocation accounts for 90% of a portfolio's return.

Tempted to roll th

By Rick Tomalty on January 24, 2013 in Financial Advisors , Financial Decision-making , Financial Literacy , Financial Philosophy , Investing , Retirement Planning , Saving , The Value of Advice with 0 comments

I had just returned from the ice surface to the dressing room, got settled in my place and was starting to remove my hockey gear...

Oct162012

People do measurably better with a financial advisor than without one.

Go Figure…!

By Rick Tomalty on October 16, 2012 in Budgeting , Estate Planning , Financial Advisors , Financial Decision-making , Financial Literacy , Investing , Life Insurance , Retirement Planning , Saving , The Value of Advice with 0 comments

Just today, I woke up to a newscast that informed us of the resignation of a prominent political figure in our area. I suppose...

Sep082012

Financial basics that will help you start and finish strong

A virtual visit to

By Rick Tomalty on September 08, 2012 in Budgeting , Estate Planning , Financial Decision-making , Financial Literacy , Investing , Retirement Planning , The Value of Advice with 0 comments

At least once a week, our family visits the Mecca of consumerism – that bastion of capitalism – Costco. We joke amongst...

Aug232012

Sometimes for better, sometimes for worse. Never for forever.

He SHOOTS…He

By Rick Tomalty on August 23, 2012 in Financial Advisors , Financial Decision-making , Financial Literacy , Financial Philosophy , Investing , Life Insurance , Retirement Planning , Saving , The Value of Advice with 1 comments

My 17 year-old son just went out of his way to make me look bad. Those of you with children – especially children of the...

Jun012012

When choosing a financial advisor, don't ignore your gut...

Herman needs a new

By Rick Tomalty on June 01, 2012 in Financial Advisors , Financial Decision-making , Financial Literacy , Financial Philosophy , Investing , Saving with 1 comments

I’ve been a Herman cartoon fan since the day I read my first cartoon…I think it was Hal the deer bemoaning the bulls-eye...

May032012

Access to information abounds. Not so with insight.

Caveat Do-It-Yours

By Rick Tomalty on May 03, 2012 in Financial Advisors , Financial Literacy , Financial Philosophy , Investing , Life Insurance , Retirement Planning with 2 comments

As a child, among the most feared events of the month was haircut day. These were the days before Supercuts or First Choice...