In this Episode, James Parkyn & François Doyon La Rochelle welcome back their dear colleague Raymond Kerzerho, PWL’s Senior Researcher & Head of Shared Services Research. Together they discuss the update of the Capital Market Assumptions for Expected returns titled “Financial Planning Assumptions”, that he produced with PWL’s Head of Research & Client Education, Ben Felix. 

- Financial Planning Assumptions (Market Capitalization Weighted Portfolio) - PWL Capital  by Raymond Kerzerho & Benjamin Felix (February 22, 2023) 

-Financial Planning Assumptions (Factor Tilted Portfolio) - PWL Capital  by Raymond Kerzerho & Benjamin Felix (February 22, 2023) 

In this episode of Capital Topics, James Parkyn and François Doyon La Rochelle discuss the following portfolio management and financial planning subjects: 

• Main Topic: Ken French: Five things I know about Investing 

- « Five Things I Know About Investing » by Kenneth R. French : Five Things I Know about Investing | Dimensional  

-Podcast #48: 2022 Investing Lessons & 2023 Outlook : Episode 48: 2022 Investing Lessons & 2023 Outlook — Capital Topics 

- « Getting Wealthy vs. Staying Wealthy » by Morgan Housel : Getting Wealthy vs. Staying Wealthy · Collab Fund 

In this episode of Capital Topics, James Parkyn and François Doyon La Rochelle discuss the following portfolio management and financial planning subjects: 

• In the News: 2022 Market Statistics 

• Main Topic: 2022 Investing Lessons & 2023 Outlook

-Market Statistics – Parkyn Doyon La Rochelle – December 2022: Market Statistics - Parkyn Doyon La Rochelle - December 2022 - PWL Capital 

-Podcast #45: Bond Investing A New Landscape: Episode 45: Bond Investing A New Landscape — Capital Topics 

-Podcast #44: Central Banks and Recessions: Episode 44: Central Banks and Recessions — Capital Topics 

-Podcast #43: Retirement Income Planning: Should Your Portfolio Withdrawals Vary with the Market?: Episode 43: Retirement Income Planning: Should Your Portfolio Withdrawals Vary with the Market? — Capital Topics 

-Dimensional’s Article: Market Review 2022: After a Down Year, Looking to the Past as a Guide | Dimensional 

-Jason Zweig’s Article: Mirror, Mirror on the Wall, Who Knew That Stocks Would Fall? - WSJ 

-Larry Swedroe’s Article: Fourth Quarter 2022 Economic Review and Outlook - Articles - Advisor Perspectives 

“The Psychology of Money” by Morgan Housel: The Psychology of Money: Timeless lessons on wealth, greed, and happiness: Housel, Morgan: 9780857197689: Books - Amazon.ca 

In this episode of Capital Topics, James Parkyn and François Doyon La Rochelle will discuss the following portfolio management and financial planning subject:

• Update on Year-end Tax Planning for Capital Market Investors

Why aren’t more Canadians maxing out their TFSAs? — Capital Topics

In this episode of Capital Topics, James Parkyn and François Doyon La Rochelle discuss the following portfolio management and financial planning subjects:

• In the News: Review of Q3 market results
• Main Topic: Managing your Emotions in a sea of negative Financial Market Noise

How to Invest Better - and Live Better (dimensional.com) by David Booth

Seven deadly sins of investing - PWL Capital by James Parkyn

Sources:

 Microsoft PowerPoint - Quarterly Market Review (QMR) - Q2 2022 (sagebroadview.com)

In this episode of Capital Topics, James Parkyn and François Doyon La Rochelle discuss the following portfolio management and financial planning subjects:

• In the News: Update on the new FHSA’S
• Main Topic: Bond Investing, the New Landscape

Design of the Tax-Free First Home Savings Account - Canada.ca

Financial Planning Assumptions - (Factor Tilt Portfolio) - PWL Capital

In this episode of Capital Topics, James Parkyn and François Doyon La Rochelle discuss the following portfolio management and financial planning subjects:

• In the News: Bear Markets and tax-loss selling
• Main Topic: Central Banks: Policy making challenges and Recessions

In this episode of Capital Topics, James Parkyn and François Doyon La Rochelle discuss the following portfolio management and financial planning subjects:

• In the News: The Historical Benefit in Staying Invested in Bad Markets
• Main Topic: Retirement Income Planning: Should Your Portfolio Withdrawals vary with the Market?

In this episode of Capital Topics, James Parkyn and François Doyon La Rochelle discuss the following portfolio management and financial planning subjects:

• In the News: Q2 Review of Market Statistics
• Main Topic: Bear Markets and your Long-Term Investment Plan: How to stay the course

In this episode of Capital Topics, James Parkyn and François Doyon La Rochelle discuss the following portfolio management and financial planning subjects:

• In the News: Warren Buffett’s Annual Letter to Shareholders
• Main Topic: Active VS Passive in Bear Markets