Dear Valued Client,
Equity markets were mixed in January with volatility during the last few days, erasing many of the gains made earlier this month. A corrective phase seems to have started and we do not expect this development to be worrisome. A pause in the uptrend is much needed after the big gains made since early November. We intend to remain positioned bullishly through this pullback.
A friendly reminder to all clients regarding registered accounts:
1. This year’s deadline for RRSP contributions is Monday, March 1, 2021. To meet the cutoff, please provide us with any requests, instructions and/or cheques to us by 1 p.m. PST on March 1, 2021.
2. TFSA contributions for 2021 can be made any time this year. The TFSA contribution limit for 2021 is $6,000. If you have never contributed to a TFSA, you can contribute a total of $75,500. Unused TFSA contribution room rolls over from year to year.
Please feel free to contact us any time if you have any questions or concerns.
As always, if you have any questions or wish to discuss whether any of the mentioned investments are suitable for you, please do not hesitate to call us at 604-658-3043 or email.
Best Regards,
Ron Aloni / Alan Goh / Jason Chen
This commentary is intended for information purposes only and does not constitute an offer to buy or sell our products or services nor is it intended as investment and/or financial advice on any subject matter and is provided for your information only. Every effort has been made to ensure the accuracy of its contents. The views contained herein do not necessarily constitute the views of Leede Jones Gable Inc. Leede Jones Gable Inc. is licensed as an investment dealer in every Canadian Province and Territory and is a member of the IIROC and the Canadian Investor Protection Fund.
