Insights: When to take CPP, which generation has it the easiest, cleantech + the great tyrant lizard
Good reads:
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·????????Weekly Investment Strategy
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Best quote of the week:
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"The individual investor should act consistently as an investor and not as a speculator." – Ben Graham
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Best infographic of the week:
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Wondering when to take your CPP (Canada Pension Plan)? Here is a great infographic that can help make sure you’re getting the most out of CPP. It all comes down to timing.
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Best visuals of the week:
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Visual #1:
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There always seems to be an ongoing debate as to which generation has it the easiest. Here are some great points from A Wealth of Common Sense article. This might provide some lively dinner table conversation (or arguments!) depending on the audience:
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“If you look at the long-term trend of wealth, adjusted for inflation, millennials are right on track relative to previous generations at the same point in their lives (see chart below). And look at the Reality Bites generation — Gen X has surpassed the boomers by age 50! The inflation-adjusted median income for millennials is around $10,000 higher than the boomers had at the same age. And when they were in the 25-to-39 year age range, 50% of boomers owned a home. That number is 48% for millennials. Millennials love to complain but as a whole, they are doing fine. The counter-argument here would be all of the stuff that’s now more expensive for millennials — housing, college, daycare, etc. But millennials will be the biggest, richest generation at some point. It’s inevitable.”
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Visual #2:
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Climate-related private-market technology investments increased in 2022.?So where did the money flow? Power, transportation, and water. Below is a great chart from McKinsey that breaks it down even further. Their analysis suggests that growth seems poised to continue this year, in part thanks to policy support in the United States and Europe.
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In case you missed it:
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I had a great chat with Jonathan Forsgren and Asset TV Canada about some of the topics and trends from the first quarter of the year. We also talked about expectations for the coming quarters + how to position yourself. Watch the full interview here:
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领英推荐
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I’d love to hear from you
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Do you have a question about the markets? Or perhaps you’d like to learn more about a particular financial planning topic? Maybe you’ve got a question about your own personal situation?
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Send me your question, and I’ll include it as a topic in an upcoming newsletter: [email protected].
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Beyond the markets:
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Barron’s reported that a giant 67-million-year-old Tyrannosaurus rex skeleton, measuring 38 feet long and 12.8 feet high, fetched CHF 5.5 million (US$6.1 million), with fees, at an auction in Zurich recently. Known as Trinity, the composite T-rex was built from specimens excavated from three sites in Montana and Wyoming between 2008 and 2013.
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Here are some interesting facts about the “King of the Dinosaurs”:
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·????????Despite popular opinion, the Tyrannosaurus rex was not the biggest meat-eating dinosaur. Two dinosaurs were bigger: the South American Giganotosaurus and the northern African Spinosaurus. These three theropods never had the chance to square off in combat, since they lived in different times and places, separated by millions of years and thousands of miles.
·????????T. rex's arms were over three feet long and may have been capable of bench pressing 400 pounds each.
·????????Some experts think shards of rotten, bacteria-infested meat constantly lodged in its closely packed teeth gave T. rex a "septic bite," which infected and eventually killed its wounded prey.
·????????Paleontologists speculate that T. rex may have lived as long as 30 years. Because this dinosaur was atop the food chain, it would most likely have died from old age, disease, or hunger rather than attacks by fellow theropods, except when it was young and vulnerable.
·????????Scientists examining a T. rex skull determined that it chomped on its prey with a force upwards of 5,000 pounds per square inch, comparable to that of a modern alligator. By way of comparison, the average adult human can bite with a force of about 175 pounds.
·????????Henry Fairfield Osborn selected the immortal name Tyrannosaurus rex in 1905. Tyrannosaurus is Greek for "tyrant lizard." Rex is Latin for "king," so T. rex became the "tyrant lizard king" or "king of the tyrant lizards."
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Source: ThoughtCo.
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Thanks for reading, and I wish everyone a great weekend!?
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Cheers,
Kim
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Kim Inglis, BCom, CIM, PFP, FCSI, CAFA
Portfolio Manager
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T: 416.777.6417 (Toronto)
T: 604.654.1160 (Vancouver)
T: 250.979.1803 (Kelowna)
TF: 1.877.363.1024
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The opinions expressed in this newsletter are those of the Financial Advisor Kim Inglis, BCom, CIM, PFP, FCSI, CAFA and not necessarily those of Raymond James Ltd. (“RJL”) or Raymond James (USA) Ltd. (“RJLU”).?Statistics, factual data and other information presented are from sources, believed to be reliable but accuracy cannot be guaranteed. It is furnished on the basis and understanding that Raymond James Ltd. and Raymond James (USA) Ltd. is to be under no liability whatsoever in respect thereof. It is for information purposes only and is not to be construed as an offer or solicitation for the sale or purchase of securities. Raymond James Ltd. and Raymond James (USA) Ltd. financial advisors may only transact business in provinces and/or states where they are registered. Follow-up and individualized responses involving either the effecting of or attempting to effect transactions in securities, or the rendering of personalized investment advice for compensation, will not be made to persons in provinces or states where the financial advisor is not registered. Raymond James Ltd. is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and the Canadian Investor Protection Fund. Raymond James (USA) Ltd. is a member of FINRA/SIPC. Raymond James (USA) Ltd. (RJLU) and advisors may only conduct business with residents of the states and/or jurisdictions for which they are properly registered. This provides links to other Internet sites for the convenience of users. Raymond James Ltd. is not responsible for the availability or content of these external sites, nor does Raymond James Ltd endorse, warrant or guarantee the products, services or information described or offered at these other Internet sites. Users cannot assume that the external sites will abide by the same privacy policy which Raymond James Ltd adheres to.
Improving the Quality of Farm Advice
1 年Good insights. Fun to read as well. Thanks Kim.