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Preserving Your Capital - Our Commitment to Long-Term Financial Security

by Todd McLay

June 13, 2023

I hope you enjoying your summer so far.

Today, I wanted to take a moment to emphasize the critical importance of capital preservation in your investment strategy, particularly in light of the current state of investment advice available in the world.

Recently, I had the opportunity to meet with a prospective client who shared their investment objectives with me. They expressed a desire for steady returns that would allow them to live off the interest without dipping into their capital. It's disheartening to see the abundance of poor investment advice circulating today, which often fails to prioritize the preservation of capital.

At Precedence Capital – Harbourfront Wealth Management Inc., our foremost priority is safeguarding your capital, which distinguishes us and guarantees your long-term financial well-being. We deeply comprehend the significance of preserving your hard-earned money and the necessity of delivering consistent returns to sustain your desired lifestyle.In recent years, the market has experienced significant volatility and economic uncertainties that have tested the resilience of many investment portfolios. It is during these challenging times that the significance of preserving capital becomes evident. Allow me to share some compelling insights that highlight our approach.

When we compare our capital preservation efforts against widely recognized benchmarks such as MSCI World, S&P 500, and S&P/TSX 60, the difference becomes striking. While market indices have gone through substantial downturns and subsequent recoveries, our focus on protecting your capital has helped mitigate losses and provide a more consistent path to recovery.

Consider this: when you don't lose money, you don't have to spend time making it back before generating a recovery. By prioritizing capital preservation, we aim to minimize setbacks and enable sustainable growth in your portfolio.

Our meticulous risk management practices, rigorous research, and strategic diversification contribute to our ability to protect your capital and provide a solid foundation for your investments. We continuously monitor market conditions, adapt our strategies, and take proactive measures to ensure your portfolio remains resilient and aligned with your goals.

We firmly believe that protecting your capital is not just about avoiding losses but also about enabling consistent growth. By minimizing downside risks, we create a more stable environment for your investments to thrive, allowing you to capitalize on opportunities when they arise.

Your financial well-being is our top priority, and we remain committed to providing you with exceptional service, unparalleled expertise, and a disciplined approach to investment management. Should you have any questions or wish to discuss your portfolio in detail, please don't hesitate to contact us. We're here to support you every step of the way.


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Disclaimer & Legal

Any views or opinions expressed on this website are solely those of the representative, and do not necessarily represent those of Harbourfront Wealth Management Inc. The information contained herein was obtained from sources believed to be reliable, however, the accuracy is not guaranteed.

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Harbourfront Wealth Management advisors are currently licensed to sell equity securities, bonds, mutual funds, GICs and other securities that are subject to available regulatory exemptions. Your advisor may also offer insurance-related products and/or financial planning services. These services are not offered through Harbourfront Wealth Management Inc. However, your advisor is duly registered to provide these services under applicable insurance legislation and the dealer approves such activity to be conducted outside of the dealer.

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