Nicola Wealth

Canada’s annual inflation rate climbed to 2.0% in October, up from 1.6% in September, prompting economists to scale back expectations for another half-point interest rate cut by the Bank of Canada. In this article by Morningstar, Benjamin Jang, CAIA, CIM, DMS discusses rate cuts. https://lnkd.in/gWkJJgN9

Nicola Wealth was proud to sponsor Bloor Street Entertains, an event supporting the Canadian Foundation for AIDS Research (CANFAR) mission to end HIV in Canada. This event raised a record-breaking $1.7 million, helping CANFAR fund over $12 million in research grants and innovative solutions like the Express HIV Testing Laboratory, which has conducted over 200,000 tests since 2022. CANFAR’s SEXFLUENT platform has reached 1.5 million youth annually, advancing sexual health education. However, with new HIV cases rising by 25% in 2022, especially among youth and women, our collective efforts remain critical. Thank you to everyone who made this event a success. Together, we are working toward a future free of HIV.

If you’re looking to end the year on a strong note, completing your financial planning before the holidays can offer peace of mind. It can help you approach 2025 with greater clarity and a solid foundation for the new year. Check out this checklist by Chris Warner FCSI, CIM, CFP, PFP to help you review key year-end financial strategies, including tax-loss selling, charitable donations, RRIF and RRSP planning, and TFSA contributions. Your year-end financial checklist: https://lnkd.in/gvWRvuh9

The Great Wealth Transfer is under way. But what if you don’t trust your kids with the money? Almost one-third of older Canadians worry about passing down wealth to heirs they feel are ill-equipped to accept it. In this article by The Globe and Mail, Cassandra Cross, CFP®, CIM®discusses intergenerational wealth transfer. Read the article: https://lnkd.in/gaBWj_C5

In this episode of The Wealth Exchange podcast, host Robert Olsen talks with Mark Machin and Mark Shulgan from Intrepid Growth Partners about the growing role of AI in growth equity investing. "This is the most important technology shift of our lifetimes. And it's going to change so many things in a profound way." Says Mark Machin on the future of AI in investing. The conversation explores the founders’ backgrounds in science and banking, and how these experiences shape their focus on AI-driven investments. Listen to the podcast: https://lnkd.in/guTBmeat

For 38 years, the Crystal Ball Gala has been a driving force in transforming children’s health care in BC. Last year, this incredible community helped launch the Clinical Trials Super Hub, giving kids across the province access to cutting-edge treatments. On November 30, the Crystal Ball community will come together once again for the 38th Annual Crystal Ball Gala, presented by Nicola Wealth. This year’s event will further advance the Clinical Trials Super Hub, fueling groundbreaking discoveries and offering hope to children with life-altering illnesses. For these children, clinical trials are more than hope—they’re the breakthroughs that change lives. These trials unlock access to advanced treatments, delivering results that were once unimaginable. This year’s gala will have an immediate impact, ensuring children across BC receive life-changing care and moving us closer to a future where every child has the opportunity to thrive. Learn more: CrystalBall.ca Nicola Wealth #CBGala

“I can calculate the movement of heavenly bodies but not the madness of people.” — Sir Isaac Newton (written in 1721 shortly after he lost 20,000 pounds, his life savings worth more than $3 million USD today, in his investment in the South Sea Bubble).   Effective wealth building is a marathon, not a sprint, and investors have to be careful about being distracted by shiny objects that are the flavour of the current investment world. In this article, John Nicola, explores the lessons of historical and modern market bubbles, offering insight into investor behavior, and the impact of irrational investment decisions He highlights the importance of taking a disciplined, long-term approach to building wealth rather than being swayed by short-term marketing trends.   Read the article: https://lnkd.in/gENrAS4M

The Nicola Wealth Real Estate team hosted an open house with JLL at SODO Urbanworks in Seattle. The theme of the event was “Winegating” - a mix of football tailgating and wine tasting, highlighting the property’s proximity to Seattle’s Lumen Field, home of the Seahawks, as well as the several food, spirit and wine tenants located at the property. Thank you to the +40 brokers from the Seattle brokerage community for attending the event! We would like to thank the tenants at the property for their contributions to the event. Pizza was provided by Nine Pies Pizzeria, dessert from Hot Cakes and wine and seltzer tasting offered by several tenants, including: Sleight of Hand Winery, Rotie Cellars, Cairdeas Winery, Patterson Cellars, Nine Hats, Michael Florentino, Structure Cellars Winery & Tasting Room, Latta Wines and San Juan Seltzer. For leasing opportunities at SODO Urbanworks, please contact Jake Bos and Bailey Hallis (Hicks) from JLL.

Our October Investment Returns report is here! See the individual investment pool performance and updates for the Nicola Wealth funds in October 2024. https://lnkd.in/guM3t4it

We asked our employees, what attracted you to join Nicola Wealth? Everyone's answer to this question is different, and unique. Just like our fast growing company. Learn more about our career opportunities, here: https://lnkd.in/gHKhj_sZ