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Wealth Transfer

February 8, 2019 | Memo

WEALTH TRANSFER

When stock markets are falling, as they did this past December, it can feel like there’s no bottom and they will just keep going down.  But there is a bottom.  There always is.

At some point investors find stock prices a compelling bargain and start buying.  More investors follow and more buying takes place, and all this buying pushes prices back up and on to new highs.

In this down and up cycle nothing much changes.  Except!  A transfer of wealth takes place.  The investors that sold their stocks at low prices took a loss, and the investors that bought stocks at the lows gained as stocks rose.  The sellers, in effect, transferred some of their wealth to the buyers.  Over the centuries, this wealth transfer has played out countless times.

At BluestoneFinancial we know this is how it works.  So we count on our money managers to be on the right side of the wealth transfer, on our behalf.  This is the way to patiently grow and secure wealth over the long run.

PS. A big thank you to all who attended our BluestoneBreakfast last Saturday. Our guest, Louisa, was so impressed with what a wonderful group of people you are.

This memo was prepared solely by Terry and Patty Rempel who are registered representatives of FundEX (a member of the Mutual Funds Dealers Association of Canada and the MFDA Investor Protection Corporation). The views and opinions, including any recommendations, expressed in this memo are those of Terry and Patty Rempel. Bluestone Financial is a personal trade name of Terry and Patty Rempel.

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