The Nith River Group Financial Solutions Inc.
44 Stanley Street N0B1E0 Ayr, ON, Canada

TOP 5 RRSP MISTAKES...

The TFSA new contribution limit for 2021 has been officially released. That limit is $6,000, matching the amount set in 2019 and 2020. With this TFSA dollar limit announcement, the total contribution room available in 2021 for someone who has never contributed and has been eligible for the TFSA since its introduction in 2009 is $75,500.

BIG READ...The disconnect between consumers and the stock market...how does the stock market continue to rise when the economy isn't doing well because of COVID? Check out this article to find out why... https://www.visualcapitalist.com/understanding-the-disconn/

Here's a recap of what happened in global investment markets in Q2 (April-June 2020)...check it out...its important info! https://www.youtube.com/watch?v=D54TBYmxXgg

CHECK OUT THIS VIDEO TO SEE HOW TO CONNECT WITH US ON THE SUN LIFE MOBILE APP...https://www.sunlife.ca/en/campaign/go-digital-video/

STAY IN THE KNOW...Investment markets around the world rebounded very quickly in April, May and June (from the lows caused by COVID in March)...here's a summary of what happened https://www.sunlife.ca//q2-market-update--the-pandemic-s/

If you thought we were done there, we have some other BIG news to announce As of July 3rd, Norma officially retired. She has been a valuable asset since joining our team a few years ago and she will be greatly missed. Thank you Norma for all of your hard work and have a very happy retirement!!!

The Nith River Group has some exciting news to share with all of you... Please welcome Michael Calverley to our team! Michael has been a Sun Life Financial Advisor for the last 2 years. He will be joining Zack on our sales team as an Associate Advisor. Michael has spent many years working in the public eye. He has a strong passion for helping others and developing long lasting relationships. Michael is excited to meet all of you and we hope you feel the same!

SUPPORT LOCAL...check out this awesome local restaurant!!! https://torontolife.com//this-guy-turned-his-farm-into-a-/

HAPPY CANADA DAY!!!

Money for Life: Protecting your wealth with insurance...why its a SMART idea! https://www.youtube.com/watch?v=rK1q_i0EPIs

Volatility in investment markets happens, but it doesn’t typically last long....check out this chart!

MAY THE 4TH BE WITH YOU!

If you’re tired, it’s understandable, we all are. If you’re feeling frustrated that the simple things in life feel like they’ve been stolen, it’s understandable, many of us feel the same way (oh how we miss you live sports...we’ll be reunited soon!) If your work/life balance is off and heavily tilted towards work (because there isn’t much else to do) it’s understandable, this is the case for many people these days... If you’re repeatedly asking your spouse or kids what should we do tonight and then having them stare blankly at you like you missed the memo that the whole world is shut down..you’re not alonethis is happening to all of us But finding some time to smile, laugh and celebrate every day is important, as is getting outside for some fresh air! This pandemic has impacted all of our lives in many different ways. Our team would like you to know that we’re here to help. If you have any pressing concerns or questions about your financial program (whether you are our client or not), please let us know. We’d be happy to book you in for a virtual (zoom) meeting to discuss.

Human nature is the worst investor....check out the chart below to find out why. Most people buy high and sell low, instead of buying low and selling high. When markets are down, investments are on SALE! Think like an expert and take emotion out of investing. Now is the time to buy!

STAY INVESTED...check out this chart to find out why...

Looking for more resources to help you with the impact of COVID-19? For information about the helpful resources offered through Sun Life, check out the link below. https://www.sunlife.ca/ca/COVID-19?vgnLocale=en_CA

IN CASE YOU MISSED ITThe Ministry of Education is providing financial support to parents to assist with the costs of educational resources. This program is called Support for Families. For more information about the Support for Families program please check out the link below. Please forward this link to anyone you may know who this can benefit. https://www.iaccess.gov.on.ca/FamilyAppW/public/index.xhtml

For more information regarding the current status of Canada’s COVID-19 Economic Response Plan and the financial support available for individuals, families and businesses, please check out the link below. Please forward this link to anyone you may know who this can benefit. https://www.canada.ca//departm/economic-response-plan.html

While BULL (positive) investment markets don’t last forever, neither do BEAR (negative) investment markets...

We're here for you. We're in this together. This too shall pass.

There’s lots of noise out there...for some perspective on volatile markets during viral outbreaks check out this chart...

THE BANK OF CANADA CUT INTEREST RATES AGAIN TO STIMULATE OUR ECONOMY...check out the link below for more information https://www.bankofcanada.ca/20//press-release-2020-03-27/

Stay the course with your investment strategy! Now is not the time to sell, it’s the time to buy! If the value of your house dropped by 20%, would you sell? If NO, then why act differently with your investment portfolio?

HELPFUL TIPS FOR INVESTING IN VOLATILE MARKETS: -Markets move up and down over the long-term they have always moved up -Market drops can be sharp and steep (Black Monday Oct 1987) or they can be more gradual -Market drops can be almost instant (9/11 2001 when Stock Markets closed.almost 20yrs ago)... -Markets always recover (sometimes V shaped like coming out of the 2018 pull back, and sometimes it takes longer) -The media has done a great job of focusing on the use of the words surging and plunging all scary words.. If someone told you that an elevator would Surge and Plunge would you get on? I wouldn’t! But if they said it would go up and down (like markets do) that would seem normalthat’s what elevators do I’d get on! -We have been here before and while the Why the markets went down is always different markets have always recovered and historically they have also always found new highs! -Everyone loves a SALEright now investments are all on SALEits time to buy not sell! See more

The impact of COVID-19 is changing at a rapid pace. On March 18, 2020, Prime Minister Trudeau announced Canada’s COVID-19 Economic Response Plan, a new set of economic measures to help stabilize the economy during this challenging period. Below is a summary of the items from this plan that may be relevant to you and your family. These items cover:... Measures concerning individuals Temporary income support for workers Income support for low-income individuals Temporary increase in the Canada Child Benefit (CCB) Moratorium on student loan repayments Reducing Registered Retirement Income Funds (RRIFs) minimum withdrawals Flexibility for taxpayers Measures concerning businesses Helping businesses keep their workers Flexibility for business filing taxes For more information regarding Canada’s COVID-19 Economic Response Plan, please click on the link below. https://www.canada.ca//departm/economic-response-plan.html SOURCES The information in this summary is derived from various sources, including CI Investments and Sun Life Global Investments.

WE HAVE TFC TICKETS TO GIVE AWAY!!! WHO WANTS THEM??? We have two tickets for the game this Saturday (March 14th) at 4pm at BMO Field.... If you want them, be the first to comment I want them on this post.

WE HAVE TFC TICKETS TO GIVE AWAY!!! WHO WANTS THEM??? We have two tickets for this Saturday’s (March 7th) home opener at 5pm at BMO Field.... If you want them, be the first to comment I want them on this post.

WANT THE INSIDE SCOOP ON EMERGING MARKETS IN 2020?...Click on the link below to get your fix.. https://www.youtube.com/watch?v=dK1GrhuvWMs

2019 WAS A POSITIVE YEAR IN INVESTMENT MARKETS...WHAT'S THE OUTLOOK FOR 2020...Click on the link below to find out... https://www.youtube.com/watch?v=6ehcKnIR1SE

HOW DID YOUR INVESTMENTS DO IN 2019?...Click on the link below for a 2019 Year-End Review! https://www.youtube.com/watch