Category: Blog

Vancouver Symphony Orchestra (VSO) continued sponsorship

AVC is proud to announce our continued sponsorship of the Masterworks Diamond Series, with the Vancouver Symphony Orchestra (VSO). The 2022/23 season will feature 6 upcoming concerts on Fridays and Saturdays starting at 8pm at the Orpheum. The first concert in the series kicks off on November 4th/5th with Visions of Heaven: Mozart, Golijov and […]

Mark-to-Market Isn’t Giving You the Complete Picture

When you buy a share of a company, you are effectively paying for the assets and the future earnings of the company. It sounds like a long-term commitment. Since markets are open 7-8 hours a day, five days a week; there is a value assigned to it every second during the open market. That price […]

Do you and your parents have powers of attorney?

If someone suffers a cognitive decline and loses their ability to manage their financial affairs, it’s a common misconception that a loved one can automatically step in and take over. That’s only the case when the person in need has made a power of attorney for property. The “power of attorney” is the legal document, […]

Managing your RRIF withdrawals effectively

Each year, you’re required to make a minimum Registered Retirement Income Fund (RRIF) withdrawal, calculated as a percentage of your RRIF assets. The percentage is based on your age, and it increases each year. Every withdrawal is taxed as regular income, but several strategies can help reduce the impact of the tax liability. Use your […]

Prepare your children for financial responsibility

Financial literacy month—November, in Canada— is just around the corner. We have reason to be proud: Canadian youth rank among the top in the world for financial literacy. Every three years, the Programme for International Student Assessment (PISA) conducts a survey among 15-year-old students in 20 countries. In the most recent results, Canada tied for […]

Ever get emotional about your investments?

Often, it’s wise to trust our emotions, but something strange happens when it comes to investing. When markets soar, our emotions try to sway us to buy high, and when markets fall, our emotional response is to want to sell—the opposite of the “buy low, sell high” investment ideal. The chart shows the path of […]

In the world of investing, time is your friend

When you think of how time helps you achieve investment objectives, the first thing that comes to mind may be compound growth. You make an investment, reinvest your returns year after year, and continue to earn returns on both your original contribution and all of the accumulated returns. Given enough time, the value of the […]

Markets rallied in July, contrary to most investors’ expectations

Markets have been volatile and recently bottomed amid bearish sentiments. The S&P 500 Index fell to 3667 on June 16th and subsequently rallied back to 4130 at the end of July. So, what happened between June 16th and July 31st to drive such a significant shift? The US Federal Reserve hiked rates by 75 basis […]

Housing enters uncertain times (AWM)

The U.S. housing market was the epicenter of the 2008/09 financial crisis that had global ramifications. Toxic assets, built with derivatives and based upon questionable mortgages, made their way into many investment portfolios around the world.