TriDelta Insight
April 2013
TriDelta Financial
Toronto: (416) 733-3292
Oakville: (905) 901-3429
Creemore: (705) 520-0093

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Dear reader,
Our spirits are high thanks to the beginning signs of nicer weather and long may it last.

Our April newsletter delivers a number of interesting articles: Our 1st quarter investment review, marriage breakdown mediation, the value of our homes, Alzheimer's updates and insurance news. We also bring you Heather's book and movie picks.

Enjoy and be well,

TriDelta Financial

Investment review & outlook
How did the Markets Perform?
The first quarter of 2013 was one of degrees of good for stock markets.
  • For the U.S. stock markets it was great. S&P 500 was up 10.5% (in Canadian currency).
  • For Global stock markets it was very good. The Global (outside of the Americas) EAFE was up 8.3% (in Canadian currency).
  • For the Toronto stock market it was good. The TSX ended the quarter up 3.3%.
The Canadian Bond Universe was up about 0.6%.

So the message for the quarter:
Everything was up, but Canada was a bit of a laggard versus the rest of the world.

How did TriDelta Perform?
The first quarter of 2013 was a very good one for TriDelta.
Virtually all clients outperformed both the Toronto Stock market and the Canadian bond index. Returns ranged from 3% to 7%.

Continue reading...
Marriage breakdown mediation
The landscape of marriage has changed dramatically over the last few decades. People are marrying later, deferring children and home ownership until their mid-to-late 30s, struggling with debt, and divorcing in record numbers. couple
When married people separate, the division of family assets can be one of the largest legal minefields they face.

Continue reading...
Canadian real estate - overvalued?
The Canadian real estate market has been resilient for over a decade. In fact the growth in our real estate prices has been in an aggressive up-trend for about twelve years straight and according to some experts is the most overvalued in the world.

Forecasting the future price trend remains difficult given the variety of opposing indicators; extremely low interest rates, government intervention to slow mortgage origination, a reasonably stable economy, the affordability relationship between buying a home and renting. To provide some perspective on the differing opinions, here is the link to a great article published by Canadian Business magazine (April 15, 2013).

The Toronto Real Estate Board said that 7,765 homes changed hands in March 2013 over the MLS (Multiple Listing Service) last month, down 17 per cent from March 2012. Condo sales fell more than 18 per cent, and sales of detached homes slid by nearly as much.

The Toronto Star report that the combination of factors influencing Canadian real estate prices will likely result in a modest price decline over the year, but will avoid a major downturn. Click here to read the report.

At TriDelta we remain cautious on real estate prices and believe buyers should be very cautious at this stage, particularly with investment properties.
TriDelta Alzheimer's gathering - 23 June 2013
Save this date: June 23, 2013
Time: Registration opens at 10am
Venue: Erchless Estate / Lakeside Park on Navy Street

Our first annual 'TriDelta Alzheimer's Gathering' event, which will take place in the beautiful setting, beneath the huge Oak trees on the Erchless Estate and neighbouring Lakeside Park at the end of Navy street in Downtown Oakville.

Erchless Estate

We're hosting a family fun day full of activities and access to St Jude's, the Old Post Office, Thomas House, the Oakville Armory and much more. Our special guests include the seniors home residents throughout Oakville and their families, but everyone is invited.

Our wonderful event partners include the Alzheimer's Society, Oakville Historical Society and Oakville Museums along with many generous volunteers.

Contact: Anton Tucker 905 901 3429 or Claire Corrie 905 845 4045 for additional information.
Living with Dementia
By: Gail Elliot, Gerontologist & Dementia Specialist, DementiAbility Enterprises Inc.

Memory slips are common at any age. As the years pass, we often become increasingly concerned about memory loss, with a hidden fear that we may be harbouring early signs of
Small business
dementia. These fears are usually unfounded, but when there are legitimate concerns (for you or a loved one) it is important to visit your doctor to determine what might be going on, as dementia is not a normal part of aging.

Dementia is not one single disease. Dementia is a term that describes a wide range of symptoms associated with a decline in memory or other cognitive skills (such as judgment and reasoning). The impairment is severe enough to reduce a person's ability to perform activities of daily living. There are a number of different types of dementia, each with its own distinct set of features.

Continue reading...
Insurance pitfalls
Implementing Life Insurance can be one of the best financial decisions you make, but it needs to be approached wisely.

How often have we heard people complaining about the significant cost of their insurance premiums? This is however often contrasted by the relief brought to devastated families after the unexpected death of the breadwinner or much needed funds from a well-planned inheritance.

There are numerous insurance solutions to fit a multitude of situations and these often become complex so be sure to partner with an independent & experienced advisor that will guide you through the process and recommend solutions appropriate to your situations.

Asher Tward, VP Estate Planning at TriDelta recently reported on the controversial topic of recent tax code changes to leveraged insurance strategies, which clearly illustrates that if it seems too good to be true, it probably is. See
Heather's reading pick
With Baseball fever hitting our home and the 2013 season Blue Jays being hailed as the "team to beat", I decided to borrow my son's book "Wherever I Wind Up" to find out more about The Blue Jays newly aquired starting knuckleball pitcher, R.A. Dickey.

"Wherever I Wind Up" gives insight into R.A. Dickey's life, the ups and downs, his inner courage, his Christian faith and the un-wavering love and support of his wife and children.

In 1996, R.A. Dickey was the Texas Rangers' much-heralded No. 1 draft choice. A routine physical revealed that his right elbow was missing its ulnar collateral ligament, and his lifelong dream, along with his $810,000 signing bonus, was ripped away.

"Wherever I Wind Up", reveals the conviction and courage of R.A. Dickey through his relentless quest for self-awareness. Despite twice being consigned to baseball's scrap heap, he battles back to being the starting pitcher of the New York Mets, the 2012 Cy Young winner and now starting pitcher for the Toronto Blue Jays.

Throughout the book, Dickey shares his American tale of overcoming extraordinary odds to achieve a game, a career, and a life unlike any other. "Wherever I Wind Up" will inspire you to be all that you can be, regardless of your circumstance.

The Toronto Blue Jays are blessed to have such a well-rounded, well spoken seasoned team member , with a heart as big as Texas. Win or lose, his presence will be a great addition to the team.

By Heather Holjevac - Senior Wealth Advisor.
Heather's viewing pick
Olympus Has Fallen, might be the most controversial movie of 2013 so far, whereby Hollywood jingoism has identified a new enemy. All that aside, it is a movie and who wouldn't want to be saved by Gerard Butler?

During a meeting between the US President and the Prime Minister of South Korea at the
White House, the US President is kidnapped, the South Korean Prime Minister killed and the White House (Secret Service Code: "Olympus") is captured in a spectacular air and ground assault, aided by treasonous members of the Korean prime minister's own detail.

Former Presidential guard, Mike Banning (Gerard Butler) finds himself trapped in the White House and the national security team is forced to rely on his inside knowledge to help retake the White House, save the President and avert an even bigger disaster, saving the US from potential detonation of its nuclear weapons.

It is far from original, however Olympus Has Fallen benefits from Antoine Fuqua's tense direction and a strong performance from Gerard Butler. If you are an action junkie...this movie is for you.

By Heather Holjevac - Senior Wealth Advisor.