“Change is the only constant in life” – Heraclitus
Fall is a season of change. The leaves turn colour, the temperature drops, the days shorten, and the kids head back to school. It can be a good time to take stock of things and consider some changes. That said, change can be difficult – who hasn’t tried to lose a few pounds? Or exercise more? Or go to bed earlier? We form habits that are very hard to break.
We wait for things to change but sometimes we must step up and “be the change you wish to see in the world.” – Mahatma Gandhi
With that in mind, as you will notice from our ad, we (The Hayhoe Team) have changed firms. We joined Mandeville Private Client this past month and are excited about the new opportunities available to us. Mandeville was founded on the principal of democratizing access to private investments that were typically only available to the most affluent or institutional investors (think pensions like CPP, OMERS or OTPP).
Have you ever looked through the Canada Pension Plan (CPP) Annual Report? We are all members of the plan and contribute to it each month (or receive a payment from it if we are retired) but generally know very little about how they invest our hard-earned dollars. To see a chart from CPP’s 2018 Investment Board Annual Report that shows their current asset mix, visit them here.
Their investment mix looks very different from most investors asset allocation. How much exposure do you have in your portfolio to “Credit Investments” or “Absolute Return Strategies”? In a nutshell, this is what Mandeville Private Client was formed to do, give you access to these investment strategies. Maybe it is time you consider a change in your investment mix in these turbulent markets we find ourselves in?
One last change quote.
As the old proverb says, “the more things change the more they stay the same.” We are still at the same convenient location in the Deer Ridge Centre in the heart of our wonderful neighbourhood. Stop by anytime and say hello. We are here to help!