Trusted Tips and Resources

Trusted Tips & Resources

Trusted Regina Financial Advisor, John Barabe Expert Tips On Investing In a Volatile Market

John Barabe and Madison Schenher understand that everyone's financial situation is unique and that managing your wealth can be complex and time-consuming. They have has an unwavering commitment to quality and service which has enabled John to build and retain a successful practice in Regina. The team of Regina financial advisors and support staff believe that planning with honesty and integrity are cornerstones to improving their clients' quality of life. They apply their knowledge to help clients make the right choices when considering all the product and service options that exist in today's marketplace. In their latest Regina financial advisors expert article, John Barabe shares his expertise and tips on investing in a volatile market! 


Investing in a Volatile Market?


First and Foremost, Stay Calm!


Investment decisions made in haste and under stress are rarely good ones. Think about re-balancing your portfolio to make sure your investments remain aligned with your original objectives and risk tolerance.


It’s always worth remembering why you chose to invest in the first place. 

Shares are regarded as a long-term (5 years+) investment. 

Assets such as shares and property have been shown to produce relatively positive returns over the long term, although their prices can be volatile over short periods. 

The fundamental reasons for your original decision to invest may not have changed.


Maybe it’s not all doom and gloom. You may not know for certain that share prices have hit the bottom yet, but you do know that they are X% cheaper than last week/month/year. Put the market fall into context. A ‘market correction’ usually happens after a sustained period of growth – from which you may benefitted. 


Whatever you decide to do, don’t be panicked into stopping saving altogether unless you can’t afford to.

Don’t over react…If you need to take income, think about all the potential sources you could take it from. Bonds, property and cash savings may be options you could explore while giving your shares time for potential recovery.


As you look ahead, make sure you’re as prepared as you can be for future dips in the market. To help ride out volatile situations, diversifying your portfolio so that you have a good spread of investments across the main asset classes (shares, fixed income, cash, and property) could help with this. If one of the assets in your portfolio does badly, only part of your overall wealth will be affected.

The return on shares and share-based funds comes from two sources: the capital return and the income or dividend return. Drawing only the income or dividends from these investments means the capital remains invested, so any future recovery (or movement in the opposite direction) will influence the value.


Creating a rainy day fund is something to think seriously about – especially if you have benefited from a long bull run (upward movement) in the value of shares. Some people choose to hold at least a year’s worth of income in cash – although not everyone will be in a position to do this.


In Conclusion


While staying the course might sound boring to you, it is likely the absolute best thing to do right now. Despite this widespread knowledge, retirees often overreact when the market drops and divest some of their equities. One way to minimize this harmful financial behaviour is to listen to your Trusted Financial Advisor. One of the great benefits of having a Local Regina Financial Advisor is to steady your emotions during the volatile markets.


Keeping Calm During Stock Market Corrections


The closer you are to retirement, the more worried you may have been about the stock market’s recent fluctuations. This volatility illustrates the importance of matching your investments with your risk tolerance and investing time frame, especially as you get closer to retirement. Here are answers to key questions about dealing with market volatility. So, although we don’t want to spread any messages of impending doom, it always makes sense to prepare for the worst and hope for the best.

 

I am sending this out as material information to keep everyone informed. This is not a solicitation for any investment. Before making any investment decision, please contact us for professional investment advice through our extensive planning process. This is only meant to provide perspective and update you as best as I can from the extensive ongoing research that we do. 

The opinions expressed within this article/communication are those of the Financial Advisor and are not necessarily those of Keybase Financial Group Inc. Any data provided is for illustration purposes only. Clients and prospective clients should always read a product prospectus and fully understand all of the risks associated with the product before purchasing. Any information relating to the discussion of taxation issues is considered to be only general in nature. Clients should seek a qualified tax professional to discuss their specific tax requirements.

Third-party publications are not prepared by Keybase Financial Group Inc. The opinions, estimates and projections contained in the publication are those of the author as of the date indicated and are subject to change without notice. Keybase Financial Group Inc. makes no representation or warranty, express or implied, in respect thereof, takes no responsibility for any errors or omissions which may be contained therein and accepts no liability whatsoever for any loss arising from any use of or reliance on the report or its contents. The provision of this publication is not to be construed as an offer to sell or a solicitation for or an offer to buy any securities.

Keybase Financial Group Inc. is a member of the MFDA and is a member of the MFDA IPC.

Trusted Regina Financial Advisor, John Barabe Explains Why You Should Consider A Financial Planner


John Barabe and Madison Schenher understand that everyone's financial situation is unique and that managing your wealth can be complex and time-consuming. They have has an unwavering commitment to quality and service which has enabled John to build and retain a successful practice in Regina. The team of Regina financial advisors and support staff believe that planning with honesty and integrity are cornerstones to improving their clients' quality of life. They apply their knowledge to help clients make the right choices when considering all the product and service options that exist in today's marketplace. In their latest Regina financial advisors expert article, John Barabe explains why you should work with a financial advisor to manage your wealth. 


Do You Need a Financial Advisor?

Why can’t you do your own investing? Well, you can. However, many people do find success employing a professional. Consider this story. Let’s say you make two different investments, each for $1,000,000. You are a long-term investor so you know not to get worked up with fluctuations. Let’s say 1 year later, your one investment (A) is now worth $2,000,000 and your other investment (B) is worth $500,000. You have reached your maximum pain point with B and decide to sell and take the money and buy more A. I believe this is also what most people would do.

My story is of course made up and there are no further details to judge your action. However, most people don’t concern themselves with more details than the historic gain or loss anyway. Let’s now examine the (arguably) most important rule in investing. BUY LOW, SELL HIGH.
By selling B and buying A an investor is actually doing the opposite. Sell low and buy high is not a good practice to follow. When you buy high, you limit your upside and expose yourself to exaggerated downside. The opposite is true when you sell low. When an investment is low, you typically limit downside and potentially exaggerate upside. Doing the opposite will take its toll in the long term.
I have included Buy Low, Sell High in presentations for decades. I felt so strongly about this “#1 RULE” that I hired a lawyer and had it trademarked. To find out more about how you can benefit from our seasoned direction please contact us by email or phone.

 

I am sending this out as material information to keep everyone informed. This is not a solicitation for any investment. Before making any investment decision, please contact us for professional investment advice through our extensive planning process. This is only meant to provide perspective and update you as best as I can from the extensive ongoing research that we do. 

The opinions expressed within this article/communication are those of the Financial Advisor and are not necessarily those of Keybase Financial Group Inc. Any data provided is for illustration purposes only. Clients and prospective clients should always read a product prospectus and fully understand all of the risks associated with the product before purchasing. Any information relating to the discussion of taxation issues is considered to be only general in nature. Clients should seek a qualified tax professional to discuss their specific tax requirements.

Third-party publications are not prepared by Keybase Financial Group Inc. The opinions, estimates and projections contained in the publication are those of the author as of the date indicated and are subject to change without notice. Keybase Financial Group Inc. makes no representation or warranty, express or implied, in respect thereof, takes no responsibility for any errors or omissions which may be contained therein and accepts no liability whatsoever for any loss arising from any use of or reliance on the report or its contents. The provision of this publication is not to be construed as an offer to sell or a solicitation for or an offer to buy any securities.

Keybase Financial Group Inc. is a member of the MFDA and is a member of the MFDA IPC.

How To Appeal A SGI Vehicle Assessment - Trusted Regina Insurance Provider Campbell & Haliburton Shares Tip

Trusted Regina Insurance experts at Campbell and Haliburton Insurance Inc have been in the community for over 50 years. They know it is customer service and knowledge that counts when you are in need of an insurance company in Regina. Campbell & Haliburton Insurance, myCH.ca, dedicated insurance brokers in Regina, can assist you with finding the plan that works best for you. In their latest Campbell & Halliburton Regina insurance tip, they review how to appeal an SGI vehicle assessment.



Saskatchewan Government Insurance (SGI) is a crown corporation that provides vehicle registration, driver licensing, insurance, and damage claims services in the province of Saskatchewan, Canada. If your vehicle is damaged, SGI will conduct an assessment to determine the cost of repairs and whether the vehicle is repairable or a write-off.

Sometimes, the assessment provided by SGI may not be satisfactory or accurate, leaving the vehicle owner in a difficult situation. Fortunately, SGI provides an appeal process that vehicle owners can use to dispute the assessment and get a fair resolution. Here are some steps to follow if you want to appeal an SGI assessment of your vehicle damage:


Obtain a copy of the assessment report:

Before filing an appeal, request a copy of the assessment report from SGI. This report should provide a detailed breakdown of the damages and the estimated cost of repairs. Review the report carefully to identify any discrepancies or errors.


Gather supporting documentation:

To support your appeal, you should gather any documentation that supports your position. This may include receipts for previous repairs, photographs of the damage, and estimates from other repair shops.


Contact SGI:

Once you have reviewed the assessment report and gathered supporting documentation, contact SGI to request an appeal. You can do this by phone, email, or in person at an SGI Claims Centre.


Submit your appeal:

After you have requested an appeal, SGI will provide you with a form to complete and submit. The form will require you to provide a detailed explanation of why you believe the assessment is incorrect, and any supporting documentation that you have collected.


Wait for a response:

SGI will review your appeal and make a determination. This process may take several weeks, so be patient. If your appeal is successful, SGI may adjust the assessment and provide a new estimate for the cost of repairs. If your appeal is unsuccessful, you may still have options for further recourse, such as hiring an independent appraiser or consulting a lawyer.

In conclusion, appealing an SGI assessment of your vehicle damage can be a frustrating and time-consuming process, but it is important to ensure that you receive a fair and accurate assessment of the damage. By following these steps and providing supporting documentation, you can increase your chances of a successful appeal and getting the compensation you deserve. Talk to one of our Trusted Regina Insurance Agents at Campbell & Haliburton we have your best interests in mind when it comes to explaining how to appeal an SGI vehicle assessment on your vehicle.

Our commitment to customer service is one of the pillars of our business. We also know insurance inside and out, so please get in touch with us for all of your insurance needs and we will be more than happy to help ensure what you value most is protected. 

**This is a general overview. There are many different insurance companies, and there are always differences in insurance policies. For specific details on your policy and coverage, we recommend that you contact your agent or broker.

How to Get a Fair Appraisal on Your Vehicle By Trusted Regina Insurance Provider Campbell & Haliburton

Trusted Regina Insurance experts at Campbell and Haliburton Insurance Inc have been in the community for over 50 years. They know it is customer service and knowledge that counts when you are in need of an insurance company in Regina. Campbell & Haliburton Insurance, myCH.ca, dedicated insurance brokers in Regina, can assist you with finding the plan that works best for you. In their latest Campbell & Halliburton Regina insurance tip, they review how to get a fair appraisal on your vehicle. 



If you’re trying to get a fair appraisal on a vehicle in the Regina area that has been in an accident, it’s important to understand the guidelines set forth by Saskatchewan Government Insurance (SGI). Here are some tips to help you get a fair appraisal:

Get a pre-appraisal inspection:

Before taking your vehicle to an appraiser, consider getting a pre-appraisal inspection. This will give you an idea of the extent of the damage and what repairs will need to be done. You can use this information to negotiate with the appraiser if you feel that their appraisal is unfair.


Choose a reputable appraiser:

Look for an appraiser who is licensed and has experience in assessing vehicles that have been in accidents. Check their references and ask for examples of previous appraisals they have done.


Provide all necessary documentation:

Make sure you provide the appraiser with all the documentation they need, such as the accident report, repair receipts, and any other relevant documents. This will help them to accurately assess the value of your vehicle.


Be honest about the damage:

Be honest about the extent of the damage to your vehicle. Trying to hide or downplay the damage will only hurt your chances of getting a fair appraisal.


Understand the appraisal process:

Familiarize yourself with the appraisal process so you know what to expect. The appraiser will typically inspect your vehicle, assess the damage, and compare it to the market value of similar vehicles in your area.


Negotiate, if necessary:

If you feel that the appraiser’s assessment is unfair, don’t be afraid to negotiate. Provide any additional information you have that may affect the value of your vehicle and be willing to compromise.


Know your rights:

If you’re not satisfied with the appraisal, you have the right to appeal the decision. Contact SGI for more information on how to file an appeal.

In conclusion, getting a fair appraisal on a vehicle that has been in an accident requires preparation, honesty, and understanding of the appraisal process. By following these tips and working with a reputable appraiser, you can ensure that you receive a fair value for your vehicle. Talk to one of our Trusted Regina Insurance Agents at Campbell & Haliburton we have your best interests in mind when it comes to explaining how to get a fair appraisal on your vehicle.

Our Trusted Regina Insurance Agents at Campbell & Haliburton have your best interests and safety in mind and our commitment to customer service is one of the pillars of our business. They know insurance inside and out, so please get in touch with them for all of your insurance needs and they will be more than happy to help ensure what you value most is protected.
**This is a general overview. There are many different insurance companies, and there are always differences in insurance policies. For specific details on your policy and coverage, we recommend that you contact your agent or broker.

WINMAR® To Fly in 2023 Give Hope Wings Prairie Expedition

WINMAR® Regina performs restoration services for residential and commercial properties across Saskatchewan. Their crews offer prompt and professional services to help our customers get back to pre-loss life with the least amount of interruption and associated costs possible. They are the Regina property restoration specialistsWINMAR IS A TRUSTED REGINA DISASTER SERVICES & REGINA GENERAL CONTRACTORIn their latest news, they share that Kyle Jacques, of WINMAR®, will fly in the 2023 Give Hope Wings Prairie Expedition.


WINMAR® to fly in 2023 Give Hope Wings Prairie Expedition

Pilot Kyle Jacques, and his co-pilot Yianni Macris, along with the support of WINMAR® Property Restoration Specialists, will be flying in the 6th Annual Give Hope Wings Prairie Expedition from June 18th through June 23rd. I have attached a press release and an infographic where you can make a donation to support Kyle, Yianni and WINMAR® on their journey!



"As the owner of multiple WINMAR® franchises in Saskatchewan and Manitoba, I understand the importance of helping our local communities and supporting those who support us each day. Often the remote communities that are spread throughout the Great Plains are still left without access or adequate transportation to the larger cities to access health and medical resources when they truly need them. Without a program like Give Hope Wings, some would never make it to medical appointments. In efforts to bridge this gap and to raise awareness to others that these programs and opportunities are out there for families truly in need. I will be taking part in Give Hope Wings expedition of 2023. The idea of helping remote communities and deserving families transport loved ones to the medical care they need, that they normally may not be able to get to, is not only life-changing for those families but also truly soul-filling for the ones helping make these differences in the lives of many.” – Kyle Jacques



The Give Hope Wings Prairies Expedition begins and ends in Regina. The group will fly east to Winnipeg, north to Thompson, then west to Fort McMurray then back via Lethbridge.

This is a total of 2,245m if you fly the entire route, about 23 hours at 100K.

The Expedition is organized so that you may join the group at any stop and finish at any point as well.


Give Hope Wings has raised more than $1.8 Million since 2017, which is enough to fund nearly 6000 flights for needy patients. For 2023, they’re targeting $600,000 raised which will help more than 2,000 individual patients in their healthcare journey. Our patient ambassadors, along with the impact it has on their family and friends, are the people you help by supporting Give Hope Wings.


Thank you again for considering the important role you can play in helping patients get medical care. If you'd like to support this cause, you can make a donation here: https://support.hopeair.ca/give-hope-wings/kyle-jacques-winmar

 

WINMAR IS A TRUSTED REGINA DISASTER SERVICES & REGINA GENERAL CONTRACTOR


Previous Posts

ADDRESS

S & E Trusted Online Directories Inc
TrustedRegina.com
310 Wall St #209
Saskatoon, SK   S7K 1N7
Ph: 306.244.4150

GET THE APP

App Store Google Play
Follow us on Facebook Instagram Linked In Twitter YouTube RSS Feed
Abex
Abex
Stevies
Sabex
NEYA
Website hosting by Insight Hosting