In This Issue:
Now is the Time for International Investment
It's Not Your Grandparent's Retirement Anymore

Fast Facts
Canada has underperformed major markets over the past 35 years, in Canadian dollars.
A 35 year investment in Europe has outperformed Canada by 86.6%
A 35 year investment in the USA has outperformed Canada by 59.2%
A 35 year investment in Japan has outperformed Canada by 48.7%
Remember there is no more foreign content limit for your RRSP or RIF. You are free to invest in any market around the world.
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Contact Information
TriDelta Financial Partners

Phone: (416) 512-8338

Our Locations:
- North York
- Mississagua
- Thornhill
- Oakville
RRSP Season

It’s RRSP time again. The deadline to make your 2005 contribution is March 1, 2006.

Our February issue includes two feature articles. The first is provided by one of our key investment partners, Hahn Investment Stewards. The author is none other than Wilfred Hahn, President of the company and one of Canada’s leading investment strategists. He provides some unique insight and perspective on the booming Canadian investment market, and the greater opportunities that exist outside of Canada. This is a fascinating piece and a must read for those wondering how much steam is left in Canadian markets.

The second article discusses the significant differences that have occurred around Canadian’s retirements over the past few decades and how these changes affect your own planning decisions today.

If you would like to have Hahn Investment Stewards managing your money, please give me a call. I can help you with all of your Investment, Insurance, Mortgage or Retirement Planning needs.

Kind regards,

Ted Rechtshaffen
Now is the Time for International Investment

An excerpt from Hahn Investment Stewards’ January 2006 Global Perspective (An investment partner of TriDelta Financial Partners)

Over the past few years, Canada has been an outlier among the world’s major economies. Not only has its stock market soared the most (now the 5th largest stock market in the world, thanks to booming commodities and oil prices) so has its currency against the US dollar. This is not likely a trend that can be sustained much longer, as it is already unprecedented in magnitude.

The flipside of this phenomenon, is that international diversification has been the least rewarding for Canadians (amongst the major industrial countries) during this time. While US based investors, for example, have greatly improved their portfolio returns through international diversification over the past several years, it has been the opposite experience in Canada. After all, the Canadian dollar has soared a monumental 40% against the US dollar since January 2003. As such, we expect that the pendulum will soon shift in favor of portfolios that are internationally diversified.

[read the whole article]
It's Not Your Grandparent's Retirement Anymore

The year was 1955. Working people (mostly men) often started as teenagers, and retired well over 40 years later at 65 assuming they were healthy enough to reach that age in working condition. When they retired, they spent four years as a senior citizen in declining health, and passed away at age 69. Retirement planning was not their responsibility. Money for retirement was usually taken care of by the company pension, and their wife would continue to receive a good percentage of this pension until she passed away.

Today, working people (men and women) often start their careers after university (and sometimes after a year to 'find themselves') at around 24. After a career with a few employers and a period as a consultant, they retire at 58, after 34 years (men might spend 32 years fully employed, and women more like 24 years). When they retire, they spend the next 28 years living life. Much of this time is spent in good health, helping their children and grandchildren financially. They spend their mid-'80's in declining health, passing away at age 86.

[read the whole article]