SPECTRUMLY SPEAKING
June 2022
Greetings!

We hope you and your family are keeping well and anxious for the summer season to get underway.

As we reflect on the first half of the year, 2022 continues to be one of the unexpected. Pandemic fears have shifted to inflation, interest rate, and market turmoil concerns, to name just a few.

As always, we are here to help. Let’s cut through the noise and focus on your goals. We can support you with the right information and advice for you and your family’s future.

And lets not forget to look at some positives; summer holidays, higher interest rates on your savings, a good time to pull back and analyze our spending habits and an opportunity for longer term investors to perhaps by in at a discount.

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

Karen, Richard, Janet & Jeni
Articles of Interest

Introducing IMAGINE 2030:
The Benchmark Report

Don't be intimidated by the size of this report. It contains details on the core index measures that relate to Canadians’ overall financial health:

1. Financial Well-Being
2. Financial Confidence
3. Financial Access
4. Financial Trust Index

Where do you stand, compared to your fellow Canadians?

June is Strawberry Season!

One of our favourite Spring things to do, is to take the kids, or grand kids strawberry picking!
But what do you do with all those delicate, perishable berries once you get them home?
There's a lot more than just jam - this article from the Pioneer Woman has some very good ideas -and you just know they're going to be good!
Why Would the CRA Want
to Review Or Audit My Tax Return?

You've received a notice in the mail from the CRA; they are reviewing your Income Tax Return. Are you nervous? Don't be; there are many reasons that could have set off the review. If you've reported everything, and claimed what you are entitled to, you should be fine. If you have any doubts, or need supporting documents we may be able to help.
Volatility Can Work
Both Ways

Through last month's Poll, we discovered that most of our clients are comfortable with a bit of volatility, and trust our expert planning -full Poll results below.

Volatile times are a real test of our ability to stay disciplined with our investment plans. Manulife has put together some reassuring information to show how volatility can work both ways.
Worldsource Wealth Management Chosen as
5-Star Brokerage for 2022
You've seen the name on our website, and your statements; but do you know why we chose Worldsource Wealth Management as our Investment Brokerage?
WFM works on an Independent Dealer Model - this means we, as your Advisors, are able to offer you a variety of options in order to best customize your portfolios. We know we made the best choice for our clients, now you can see why!
Thank You For Taking Our Poll!
Last Month’s Poll Results:  
"Have you been worried about your investments
more or less this year, than in previous years?"

  1. No, I'm comfortable with highs and lows - 7.4%
  2. A bit; it's difficult when I see my investments go down - 48.1%
  3. Yes, I'm very concerned - 11.1%
  4. I haven't really thought about them, I trust my Spectrum team - 33.3%

We wish to thank those that participated in our poll last month and are pleased to see that so many continue to place their confidence and trust in us.
Always remember that we are only a call away and are here to guide, reassure, provide answers and help you to proactively plan for future events.
Spectrum Office Updates
Yes, it's our Richard, celebrating another milestone!

Richard has been helping his clients find financial security for 52 years.
Starting with North American Life in Quebec, then moving on to become an independent advisor in Barrie, Ontario, where he's called home for a number of years. He still loves what he does, and it shows.
Presenting at the Advocis
Simcoe-Muskoka Chapter

Karen was more than happy to share her specialized knowledge in Disability Planning with her peers on June 16th.

Advocis is Canada's largest voluntary professional association of financial advisors.

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.