Fees, And What You Are Paying For
What it means for your household
The value of advice is easiest to see in the decisions you did not make. Not selling in a bad quarter, not buying something you did not understand, and not leaving a straightforward thing undone for another five years.
Currency is a quiet exposure in a Canadian portfolio. Holdings priced in other currencies move with the exchange rate as well as with the asset, and whether that is worth hedging depends on what the money is eventually for.
Estate planning tends to stall on the parts that are not legal at all: who should act, what they will need to know, and whether the people named have any idea they were named. The documents are the easy half.
We would rather take the time to understand the whole picture than move quickly and rebuild later. Read more about cash flow