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A CFP® professional is competent in a broad number of financial planning areas and is skilled in providing holistic, integrated advice across multiple financial planning areas. These areas include: Financial Management; Investment Planning; Insurance and Risk Management; Tax Planning; Retirement Planning; Estate Planning and Legal Aspects.

Market volatility, longer inflation, energy prices. In addition to the human suffering in Ukraine, the global economy is hurting too.

But, the worse economic and financial news becomes, the less you should think about it. That’s according to Nobel Prize-winning economist, Richard Thaler. Tune out the noise, and go back to basics:

• Have your goals changed?

• Are you still paying yourself first by contributing to your investment strategy on a regular basis?

The war in Ukraine is at the top of everyone’s mind these days. The consensus among experts is that we are in for continued economic and market volatility as a result of the situation. Add to that the Bank of Canada’s decision to raise interest rates for the first time since 2018, and you may be feeling some pressure.

Instead of making any rash moves with your financial strategy, this is actually a time to be boring. Time and history show that making emotional moves during times of crisis can be one of the most damaging mistakes investors make.