Peter Watson's articles are read widely across the province.
Your Personal Financial New Year’s Resolution
Find the mistakes you are making with your personal finances, writes Peter Watson. I have a suggestion for your new year’s resolution. But first a story. When my children were young, before they took an examination at school, I would ask them an important question: What are the chances you will get a perfect score? … Your Personal Financial New Year’s Resolution
Volunteers are an important fabric of our communities, writes Peter Watson. The end of the year is always a good time to look back and reflect. Some can measure success because of their career that is possible because of a strong effort to develop their skills, plus a lot of hard work. Others can measure … Thank you volunteers for all that you do
The more you think about investment risk the more you realize the different ways your investment returns might be lower than expected, writes Peter Watson. The problem with risk is it comes in several different forms. The first risk is having poor investment returns. This is the one that gets all the attention. One option … Three Types of Investment Risk
It’s time to consider how the Bank of Canada (BOC) accomplishes its mandate, writes Peter Watson. According to its website, its main role is “to promote the economic and financial welfare of Canada.” That is a very important task and I strongly agree with its mandate. The problem is the way this policy is implemented. … The Worst Financial Event of 2023
Holiday spending will be less this holiday season, writes Peter Watson. There are many significant headwinds that will limit spending this holiday season. Our economic fabric is less solid than it has been in previous years. Many just do not have enough extra money to spend on holiday gifts. Inflation is high and everything seems … Holiday Spending Expected to Decline
Running out of money during retirement is a possibility, writes Peter Watson. Planning your finances for later years often focuses on reaching retirement: work hard for decades for your golden years. Most attention is on earning an income and paying the bills. Managing ongoing living expenses is important. But it is only a start. Reaching … Longevity is a Financial Risk