About This Episode

In early 2020, Canadians were worried about how the pandemic would negatively impact their financial affairs. 

One year later, Canadians are pleasantly surprised to see how well they’ve done, both in terms of their investments and their home values. 

In the 1st part of this podcast, Marcelo and Keith dive into the 2021 Credit Suisse Global Wealth Report and share how Canadians are performing in net worth growth relative to the US and other global players. They discuss the key factors that played a role in the increased net worth of Canadians. 

In the second part of the podcast, Marcelo and Keith discuss the latest increased inflation numbers, how inflation impacts your finances, and what you can do to strengthen your portfolio. 

Key Topics:

PART 1: Increasing Net Worth 

  • Why client annual reviews have been especially positive this year (2:43)
  • Spectacular net worth gains in 2020/21 (3:47)
  • What the Credit Suisse Global Wealth Report 2021 revealed about the net worth of Canadians (4:55)
  • The three main factors that contributed to the growth of wealth (6:02)
  • How the growth of wealth in Canada compared to the decline of the economy (8:03)
  • What the Credit Suisse Global Wealth Report highlights about wealth inequality (9:10)
  • Unprecedented stock market performance during the pandemic (10:31)
  • The current state of the Canadian real estate market (12:19)
  • How the real estate market factors into the growth of wealth (13:40)
  • Comparing Canadian and US house prices (15:06)

PART 2: Inflation 

  • Why investors need to be aware of how inflation impacts their finances (17:21)
  • My experience with high inflation in the 1970s (18:45)
  • Opposing expert views on inflation (20:29)
  • How increasing inflation in the past year has affected Canadians (22:24)
  • Why we can’t predict the outlook for inflation (24:22)
  • The role our collective psychology plays in how the economy functions (25:14)
  • The potential impact of inflation on your portfolio (27:02)
  • Why diversification is one of the best tools for strengthening your portfolio (28:47)
  • Keeping realistic expectations (29:49)

Meet your hosts

Keith Matthews

Keith Matthews

Partner & Portfolio Manager

linkedin  email  phone

Ruben Antoine

Ruben Antoine

Portfolio Manager

linkedin  email  phone

Marcelo Taboada

Marcelo Taboada

Associate Portfolio Manager

linkedin  email  phone

Thanks for Listening!

Be sure to subscribe on AppleGoogleSpotify, or wherever you get your podcasts. And feel free to drop us a line at lawrence@tma-invest.com or 514-695-0096 ext.112

Follow Tulett, Matthews & Associates on social media on LinkedInFacebook, and more!

Follow The Empowered Investor on FacebookLinkedIn, and Instagram

Dive Deeper: Related Episodes

How Much is Financial Advice Worth?
How Much is Financial Advice Worth?

Can you quantify the value of financial advice? Dive into the intricate relationship between financial advice and investment success, featuring the insightful expertise of Emile Bouchard from Vanguard.

read more

Stay on top of your financial education

Subcribe and follow to get updates on important wealth management topics.

Share | Partager

We appreciate social shares to help spread our messages! | Nous apprécions les partages sur les médias sociaux pour aider à diffuser nos messages!