As it is a new year, The Wealth Exchange brings a special 2019 predictions episode, and a look back on 2018. Rob Edel, Nicola Wealth Management’s Chief Investment Officer, joins Mark Therriault to look back on all the changes in the markets, as well as investing in 2018. Rob also discusses his 2019 predictions of what’s to come in investing, portfolios, and the markets.

Rob and Mark discuss some of the exciting changes to the podcast going forward, Nicola Wealth’s investment philosophy, the benefits of diversification (in regards to portfolios), and why Cash Flow investing is greatly beneficial going into the new year.

Key Takeaways:

[:29] About today’s episode.

[1:30] Mark and Rob review major headwinds in 2018 for markets and investing.

[5:22] Rob’s predictions and outlook for 2019 for markets and investing.

[8:12] Outlook for 2019 from Canada’s standpoint.

[11:03] Rob summarizes his outlook for 2019.

[11:53] When looking at client portfolios (and his own), what types of assets is Rob looking to rebalance?

[13:26] Nicola Wealth Management’s investment philosophy and the benefits of diversification (in regards to portfolios).

[19:57] Why Cash Flow investing is greatly beneficial.

 

Guest Bio

Rob Edel

Rob is the Chief Investment Officer at Nicola Wealth Management.

Before joining the team at Nicola, Rob spent 9 years working for one of Canada’s largest money managers and — most recently — as a Portfolio Manager responsible for managing U.S. equities for the firm’s high net worth clients. Previous to that, he spent seven years working for the Treasury Department of a Major Canadian Chartered Bank, splitting his time between Vancouver and Toronto. Rob has completed his CFA and is a member of the Association for Investment Management and Research (AIMR).

 

For his full bio, visit: nicolawealth.com/our-team/rob-edel

 

About Your Host — Mark Therriault

Mark is the Financial Advisor and partner of Nicola Wealth Management — and your host for The Wealth Exchange podcast.

 

As a member of the NWM Planning Team since 2006, Mark has become his clients’ trusted advisor. He prides himself on providing an exceptional experience to his clients while quarterbacking their financial affairs.

 

Mark earned his Bachelor’s degree in Economics with a minor in Finance from the University of Calgary. He went on to secure his CFP designation and also completed the CIM, CSC, the B.C. Life Insurance License.

 

For his full bio, visit: NicolaWealth.com/Our-Team/Mark-Therriault

 

For More Information on this Week’s Episode, Visit:

www.NicolaWealth.com/TheWealthExchange

 

Disclaimer:

This presentation contains the current opinions of the presenter and such opinions are subject to change without notice. This material is distributed for informational purposes only and is not intended to provide legal, accounting, tax or specific investment advice. Please speak to your NWM Advisor regarding your unique situation. Forecasts, estimates, and certain information contained herein are based upon proprietary research and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. NWM fund returns are quoted net of fund-level expenses. Past performance is not indicative of future results. All investments contain risk and may gain or lose value. Projected returns are estimates only. Returns are not guaranteed. NWM is registered as a Portfolio Manager, Exempt Market Dealer and Investment Fund Manager with the required provincial securities’ commissions in Canada.