STAYING CONNECTED & INFORMED
Welcome to the latest edition of our Newsletter! Feeling connected is vital to our well being, especially during these difficult times. We hope this communication helps to achieve that. If you have any questions or comments, please reach out- we would love to hear from you!
Bryan Rindal B. COMM, CFP
FINANCIAL PLANNER - MANULIFE SECURITIES INCORPORATED
LIFE INSURANCE AGENT - BTR FINANCIAL PLANNING INC.
Preston Rindal B. COMM
FINANCIAL ADVISOR - MANULIFE SECURITIES INCORPORATED / BTR FINANCIAL PLANNING INC.
We hope everyone is doing well.
Where did the summer go??? I don’t know about you but, I certainly didn’t get the amount of kayaking, biking, running or even just lake time I had promised myself I would. Oh well, always next year territory in Saskatchewan.
Looking back at our last edition, it appears not much has changed from an investment strategy standpoint – we are still being cautious and still think a Dollar Cost Averaging strategy is the way to go. July and August saw a bit of a jump in the markets and got people thinking that we had hit bottom and started our V recovery. Unfortunately, September has reversed that recovery based mainly on the Federal Open Market Committee (FOMC) strategy that there were going to have to raise rates aggressively to fight inflation fears. So, it looks like we are going to be looking for a W recovery.
On an office note, we were sorry to see Candice leaving our office. Candice has kept us (at least me) organized and on top of office administration. We wish her well.
BTR Financial Planning Team – Bryan, Preston and Shannon.
BTR Financial Planning Market News - Q3 2022
What can we expect for the rest of 2022?
We can often make comparison between the path for market returns and a family road trip: the journey may have both expected and unexpected pit stops along the way, but the end destination will likely be positive. At the beginning of the year, we expected the start of a rate tightening cycle by global central banks. What we hadn’t expected was above-average interest rate increases, the invasion of Ukraine and its impact on energy and food prices, and supply chain disruptions caused by the zero-COVID policy in China.
FROM OUR INSIGHTS & ARTICLES
As financial professionals, part of our job is to keep our clients aware and informed. Here are insights and articles that we found particularly helpful.
LET'S STAY IN TOUCH
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B T R Financial Planning
MANULIFE SECURITIES INCORPORATED
1102 - 1St Ave W, Prince Albert, Saskatchewan, CA S6V 4Y6
Phone: (306)763-8287 | Toll Free: 1-888-697-0457 | Fax: (306) 763-8285
Email: [email protected]
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