During these long, dreary months, seasoned Vancouverites know to grab our running shoes and get into the sunshine as soon as it peeks out from behind the clouds. We have learned there will always be sunshine, even a few minutes each day. Our job is to catch that light and savour it, even in the midst of the darkest months.
What we focus on expands.
We have seen this principle played out over decades of working with people and their money and it’s not just about finding sunshine during the rainy season. Those who are grateful for what they have and can focus on what is good in their life, are the happiest. Their money grows the easiest and they have lives that reflect wealth in its broadest, deepest definition. Of course, there are financial principles that must be learned and followed. However, one of the most sacred foundational truths is that there is always a way — or a ray of light to bask in. No matter the circumstances, we can always find something that is good and right in our financial life to expand upon.
It is often too easy to succumb to fear and darkness. This weakens us. Appreciating the light makes us strong and powerful. We can help each other from this place. It is also much easier to grow our money and achieve our goals when we discipline our gaze to focus on the good that is always available to us.
Kamal and Tracy
|
|
FEATURE ARTICLE
Managing Money in Changing Times
|
|
You have likely heard the expression, “the more things change, the more they stay the same.” We believe this to be true in the world of finance as well. Since Kamal and Tracy started in the capital markets, there have been changes. However, the underlying principles have remained the same — a long-term perspective is more likely to be profitable, and the market goes down many times on its way up. |
|
SPEAKER SPOTLIGHT
Nadeem Kassam & Luiz Furlani
|
|
|
|
“Understanding financial markets can be a challenging environment for most people to navigate.” |
To most people, understanding the various money markets and their impact on the economy as well as our personal finances can often be a daunting and confusing process. However, for Nadeem Kassam & Luiz Furlani it is a dynamic and fascinating topic that they are both incredibly passionate about and are eager to share their knowledge in their upcoming Wise Money Talks session on Market Updates on November 9, 2021.
|
|
LATEST BLOG POST
Principles of Sound Investing
|
|
We believe in principle-based investing. Operating from an understanding of values, needs and one’s long-term objectives is paramount to being truly empowered and ultimately successful. When it comes to investing, it is often necessary to “back up the truck” so to speak. We need to pull up to the curb, grab a cup of tea and sit with the notions of what we are trying to accomplish and why. |
|
OF INTEREST
The Importance of Talking to Your Children
About Money
|
|
Learning money management can and should start at an early age. While most children are not ready to start investing on their own, they will benefit from the time spent teaching them the basics of financial literacy as it will set them them up for future success. Financial Planning for Canadians provides five tips to help get you started talking about money with your children.
|
|
UPCOMING EVENTS
Wise Money Talks
|
|
Market Update and 2022 Outlook |
Tuesday, November 9
4:00pm to 5pm via Zoom
Taught by Nadeem Kassam, Head of Investment Strategy, Private Client Group – Raymond James and Luiz Furlani, Associate Investment Strategist – Raymond James
|
|
In this fireside chat format, Nadeem and Luiz will provide an overview of current interest rates, valuation, inflation and economic policy and their impact on the major asset classes—bonds, fixed income and currency. They will also discuss the short and long-term perspectives on portfolio management. |
|
|
|
Transitioning Through Divorce |
Tuesday, November 23
6:00pm to 7:30pm via Zoom
Taught by Karen Redmond, LLB, BEd, BA, and Sandy Hawkins, MA, RCC, Divorce Coach and Child Specialist.
Hosted by Tracy Theemes, Financial Advisor, MA, CFP, FCSI, FDS
|
|
Divorce can be complex, challenging, and at times overwhelming. Join Tracy Theemes as she moderates this highly informative panel discussion of the emotional, legal, and financial aspects of divorce. Panelists will draw upon their diverse backgrounds and expertise to provide a comprehensive overview of what it means to transition through divorce. |
|
Missed a Wise Money Talks event? |
|
BE INSPIRED
Quote of the Day
|
|
“If you look at what you have in life, you'll always have more. If you look at what you don't have in life,
you'll never have enough.”
OPRAH WINFREY
|
|
Sophia Wealth Academy is a financial education outreach and community resource established and sponsored by:
Kamal Basra and Tracy Theemes
Co-Founders and Financial Advisors
Sophia Financial Group
Vancouver, BC
|
|
|
|
|
|
|
