August 2019

The Richardson GMP Vancouver office
is moving!

Please note, as of September 16, 2019, our office is located at:

Guinness Tower
1055 West Hastings Street, Suite 2200
Vancouver, BC  V6E 2E9

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Women and the wealth journey

Asked about their biggest financial regret, a sizable portion of women participating in a recent study said they didn’t invest enough. The women also reported that they wished they’d chosen a career with higher pay, not taken on as much credit card debt and lived within or below their means. While these issues may be common among many women, the great news is that financial regrets, like mistakes, are correctable if not avoidable.

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A philanthropy primer

What to know about leaving your money to a good cause

Science shows that helping others can make individuals feel healthier and wealthier. That is often at the core of why many people — affluent or not — donate to charity or a good cause.

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Those crazy negative interest rates

More than five years ago the European Central Bank adopted negative interest rates as a policy tool to address economic weakness in the Eurozone. Starting at -0.1%, eventually the target short-term rate fell to -0.4%. In Europe, as in every country or region that has tried Quantitative Easing, banks have not increased loans by the amount that QE suggested. As a result, central banks (like the ECB) have attempted to force banks to lend by “charging” banks (with negative rates) to hold these excess reserves.

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The opinions expressed in this report are the opinions of the author and readers should not assume they reflect the opinions or recommendations of Richardson GMP Limited or its affiliates. Assumptions, opinions and estimates constitute the author's judgment as of the date of this material and are subject to change without notice. We do not warrant the completeness or accuracy of this material, and it should not be relied upon as such. Before acting on any recommendation, you should consider whether it is suitable for your particular circumstances and, if necessary, seek professional advice. Past performance is not indicative of future results. Insurance services are offered through Richardson GMP Insurance Services Limited in BC, AB, SK, MB, NWT, ON, QC, and PEI. Additional administrative support and policy management are provided by PPI Partners. Richardson GMP Limited, Member Canadian Investor Protection Fund. Richardson is a trade-mark of James Richardson & Sons, Limited. GMP is a registered trade-mark of GMP Securities L.P. Both used under license by Richardson GMP Limited.