SPECTRUMLY SPEAKING
August 2022
Greetings!

We hope this newsletter finds you and your family all healthy and well!

This time of year can be fun yet challenging, trying to balance work or family commitments with soaking up every possible minute of sunshine, before the fall and new school year begins once again. We hope you’ve found some time to relax, recharge and enjoy this summer season.

Now that more than half of the year is behind us, it is a good time to re-connect and bring us up to date on any life changes that you have experienced. We should be reviewing your priorities and responsibilities to ensure we are still on track and utilizing the right strategies to meet your goals. Please be sure to reach out and keep us in the loop.

Please continue to stay safe, stay in touch, and stay positive.

Karen, Richard, Janet & Jeni
Articles of Interest
Are You Well Suited?

Investment suitability starts with research. It takes an experienced Financial Planner to gain a deep understanding of each person's individual circumstances, and ensure the investments chosen meet their objectives. As with anything - change happens, and this plan needs to be adjusted accordingly. This alignment between circumstances and objectives is called suitability. 
If you ever wondered how we determine investment suitability, this article will walk you through some of the process. 
What Can We Learn
From the 1970s?

Well, for one, carpet does not belong anywhere in a bathroom. For another, polyester is not a summer fabric!

As we are experiencing today, there was a great rise in inflation back in the
early 70s.
Looking back can help us predict what to expect with a similar period of rapidly rising costs. 
Registered Education
Savings Plans

Everything you need to know and more about RESPs!
This well thought out guide from Mackenzie outlines the reasons for opening a RESP, how to access government grants, and what you can do if your child doesn't attend post-secondary school.
If you are a parent or grandparent, we can help you understand and optimize an RESP.
Does Back to School
Mean an Empty Nest?

It's a bitter-sweet moment for many parents; when your little bird becomes a fledgling. Don't worry, they'll still need you!

This transition may mean you have more time, more space, and more disposable income. As with any major life event, we're here to help you through it!

Click below to watch a great
short video.
Is August the Best Month?
We don't know about you, but August always feels like it creeps up on us.
One minute we've got a summer full of beach days, and drinks on the dock stretching out before us, the next, friends are clamouring to get together because there's only so much summer left!
This article highlights some reasons why August may the best month!!
OSAP Calculator
If you have a child heading off to post-secondary school, this calculator will help determine how much Ontario Student Assistance Program they could qualify for.
Spectrum Office Updates
Our Administrative Assistant Extraordinaire, Janet celebrated her birthday last month, and took some well deserved vacation time! Janet travelled to beautiful Nova Scotia, where she visited the historic city of Halifax, Lunenburg, Mahone Bay, and Peggy's Cove.
The next time you see Karen, she will be naked ~ Well, her face will be!! Come on, you didn't really think anything else did you? Karen has undergone double cataract surgery and she no longer requires glasses! While her eyes continue to adjust, she will be postponing any driving outside of the Barrie area for a few weeks but is still available for telephone and Zoom meetings.
Collier Street Road Closure

If you're visiting us here at the office, be warned that our street is experiencing ongoing construction until the end of this month.
Rest assured, we are open as usual! You can drive around the barriers as "local traffic", on the
Berczy (East) end.
Financial Markets
Week in Review
For those interested in a deeper look at what happened in the financial markets this past week, this is for you.