Tuesday March 10/20 we spent the day at a Mackenzie Financial conference listening to twelve presentations. It was perfect timing. The day before, Monday March 9, the Dow fell 7.8%, 2013 points! Investors were spooked by Coronavirus and tumbling oil prices. We went to the conference looking for answers: how serious is Coronavirus?, is the…
“Wealth and well-being” is a verb. “Verb” is defined as “an action or state of being”. Here’s the stark reality: there is no get rich quick scheme, and there is no instant happiness elixir. Wealth and well-being take effort. Daily effort. It’s a lifestyle of daily taking action. Go for a walk and eat healthy. …
On February 12, 2020, the popular U.S. stock market index, the Dow Jones Industrial Average, usually referred to as “the Dow”, reached an all-time high: 29,551. It first crossed 1,000 in 1972, 10,000 in 1999, and 20,000 in 2017. But, it hasn’t crossed 30,000. Yet. Fear over Coronavirus has chased investors to the sidelines and…
Last week we spoke about the seven areas of “MANAGING THE MONEY”. Today let’s talk about one of them, “Cash Flow”. Here’s a simple, but powerful budget: during your working years live on 90% of your income and invest 10%, and in your retirement years live on a 5% withdrawal from your investment portfolio….
“MANAGING THE MONEY”, seven ways to grow, secure and enjoy wealth. This is the foundation of THE BLUESTONE HIERARCHY OF WEALTH & WELL-BEING. You can view The Hierarchy on our website. The seven are: Balance Sheet, Debt Management, Insurance, Money Manager Selection, Asset Allocation, Income Tax, and Cash Flow. We have witnessed countless times, during…
Investing in Mutual Funds that hold common stocks can be rewarding. But it’s a bumpy ride. “WHY YOU SHOULDN’T FEAR A LIKELY MARKET DOWNTURN”, an article in The Globe And Mail, January 16/20, gives us a quick history lesson from Yale University professor Robert Shriller. From 1871 to 2019 the S&P 500 stock index posted…
Our philosophy and strategy at Bluestone Financial draws on “Positive Psychology, the Science of Human Flourishing”. In 2018, after many years of study, we earned our CAPP, “Certificate in Applied Positive Psychology”. Research identifies the six factors of a flourishing life: Positivity, Engagement, Relationships, Meaning, Achievement, and Vitality; PERMAV. You can read more about this…
As this new decade begins we want to keep our target in focus. The Bluestone Goal: “A community of flourishing clients inspiring others to flourish.” To be rich is to flourish. The human family is one and each member has something to contribute. Those who know the way to wealth & well-being find happiness in…
Thank you to all who joined us for breakfast on Saturday. You always fill the room with a wonderful warm energy. We are so happy and proud of our Bluestone Community. An African Proverb says, “If you want to go fast go alone, if you want to go far go together.” We want us to…
Next Saturday, January 18, is our first breakfast seminar of 2020. Please come. We’re looking forward to starting the new year, and the new decade, together. We’ll be talking about three ways to manage your financial affairs and flourish. Go ahead and register on our website or call us.
