AM980 News Talk Sports Beyond Funds with Jeff Wareham

Jeff Wareham is an Investment Advisor at MGI Securities, in London, Ontario. Jeff is a Certified Financial Planner and a graduate of the University of Western Ontario. Jeff has nearly twenty years in the financial services industry, with experience in wealth management, financial planning, and insurance. Jeff is also the host of Beyond Funds Weekly, a show dedicated to the needs of investors who have outgrown traditional mutual funds. His show covers a wide range of current investment news and topic.

A first look at 2012

1/16/2012 3:29:00 AM

This Week in Business ended with a thud, as S&P dropped the ratings of 9 European countries. France and Austria lost their AAA status, as the problems of the peripheral countries have now come squarely home to the core economies of the continent. Germany's top rating was reaffirmed, but Spain and Italy dropped 2 notches, and all of the downgraded countries remained on negative watch. This indicates significant risk of further downgrades. As Europe continues to struggle with its crisis, this is not good news, as these countries are likely to face higher interest rates in future. The Euro dropped dramatically as rumours hit the market prior to the announcement. The Euro fell to multi month lows against the US and Canadian dollars, while the loonie weakening only slightly against the greenback. Commodities and stocks also fell on the news. Tensions over Iranian nuclear ambitions continue to rise, much to the chagrin of oil consumers around the world.

Despite all these concerns, Toronto finished a fairly solid week at 12231, while the Dow ended at 12422. The Nasdaq finished at 2711, and the S&P finished at 1289. Oil fell to 98.30, gold finished at 1639, and the Canadian dollar fell to 97.70 Despite European weakness, early indications coming from multinational quarterly results are pretty positive.

In this week's Beyond Funds Market Weekly, I discussed income generating investment alternatives for 2012. Click here for the podcast. http://www.am980.ca/BeyondFundsPodcasting.aspx

This Week in Business

2/8/2011 2:08:00 PM

This is Jeff Wareham, with This Week in Business. Another week, and more signs that the U.S. Federal Reserve is determined to add debt far into the ongoing U.S. recovery. Canadians need to pay attention to this for at least two reasons. First, it will continue to drive the surging loonie higher, or at least the greenback lower. Second, it will continue to impact the price of commodites, assets, food, and even bonds.

North American markets stretched higher this week. Toronto's TSX finished the week at 13792. The Dow in New York finished at 12092. The Standard and Poors index finished at 1311, and the Nasdaq finished at 2769. Asian and European markets joined the party, ending broadly higher. Oil fell through the week, ending at 89 dollars, Gold fell as investors seemed less concerned by uncertainty in Egypt well. The loonie recovered to 101.20 against the US greenback. Events in the Middle East dominated the news, leaving domestic economic news literally in the dust. Unemployment numbers in Canada were very positive, with a drop in local and national rates. In fact, the employment level exceeded the high point prior to the downturn. U.S. unemployment dropped dramatically, but over a million discouraged workers simply stopped looking, and only 36000 net new jobs were created. Further negative housing data broke, and 3 more U.S. banks failed. Visit my blog at www.am980.ca, follow @beyondfunds on twitter, or tune in to Beyond Funds Market Weekly, Saturdays at 12:30 for further information on the market.

This is Jeff Wareham, with This Week in Business. visit my blog at www.am980.ca, follow @beyondfunds on twitter, or tune in to Beyond Funds Market Weekly, Saturdays at 12:30 for further information on the market

This Week in Business

1/21/2011 2:38:00 PM

This is Jeff Wareham, with This Week in Business. It was an up and down week for global markets, with investors obviously struggling to decide whether the bull market run will continue, or if it is time for a correction. Toronto’s TSX finished the week at 13289, down for the week, while the Dow in New York finished the week at 11871. The Nasdaq was down for the week, finishing at 2689. Oil finished a rough week at 89.14 per barrel, but the Canadian dollar held it’s own versus the US greenback, off slightly on a weekly basis, but still above par at 100.6 cents US. Gold got hammered, finishing the week at 1342 per ounce.

It was an interesting week for technology investors, with numerous changes, planned and unplanned, at the helm of major technology companies. Energy and mining stocks were hit by falling commodity prices. Canadian banks held their own in the face of changes to lending regulations. Global investors watched with interest the meeting between Presidents Obama and Hu Jintao of China. Tune in to Beyond Funds market weekly Saturday at 12:30, visit www.am980.ca for up to date business news, or follow @beyondfunds on twitter for further market information.

Tune in this week, as | discuss investing like a pension or a hedge fund.

New Time, and Some New Ideas for 2011

1/12/2011 11:32:00 AM

Over the next few weeks, I will be reviewing eleven themes for 2011.

1) Yield matters. Look at dividends, corporate bonds, and trusts.

2) Think like a hedge fund or a pension.

3) Don't fight the Fed. Watch the impact of QE II on commodity and bond prices.

4) Avoid any actively managed Canadian Balanced fund. High fees, low returns.

5) Get a second opinion.

6) Consider flow through shares as a planning strategy.

7) Consider ETFs for diversification

8) Invest like a business owner. Buy great balance sheets and great income statements.

9) Use convertible debt in your portfolio.

10) Invest in assets that interest you.

11) Get out of wraps.

Tune in to AM980 Saturday at 12:30, and find out how these ideas can help you in 2011.

What is new at MGI?

10/14/2010 4:39:00 AM

When spider webs unite they can tie up a lion.

-African Proverb

What is new at MGI?

Jeff Wareham and Anne Milne are teaming up together to create the Wareham Milne Group. Quite simply, we are both believers in the “team” approach, and our partnership offers the unique opportunity for us to focus on our unique skill sets. It will broaden and deepen the financial advisory experience of both of our clienteles.

As advisors we personally work with clients to provide financial and money management advice throughout their evolving life circumstances. Customized investment solutions are tailored for each family’s goals and needs.

Please allow us to introduce ourselves…

Anne Milne, BA, CIM, CFP

Anne has a unique and diverse career experience; she has been a social worker, a vocational counselor and an entrepreneur in women’s fashions. At the University of Western Ontario she studied sociology and has combined that background with economic studies to give her a unique perspective on the investment process. Her specialty is observing the ‘herd’ not only as it relates to stock market activity, but also how we as humans engage in herding behaviours for most social activities, including investing.

Jeff Wareham, BA, CLU, CFP

Jeff’s degree is in English and Economics. That means he can give you an economic forecast in language you can understand! Jeff focuses his time on helping investors achieve their financial goals using time-proven, “common sense” investment strategies. Jeff is also the host of Beyond Funds Weekly on AM980, a show dedicated to the needs of investors who may seek alternatives to traditional mutual funds. His show covers a wide range of current investment news and topics. He lives in London with his wife Ann Martin and their children. Ann joined his team in September 2008 as an Administrative Assistant.