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Black Swan Events

Unexpected events such as the coronavirus are also known as 'Black Swan Events.' Few people could have predicted that the coronavirus would be the catalyst for the first Bear market in 11 years, but while this volatility in the markets may be hard to stomach, it is important to remember that Black Swan Events have come and gone throughout history.

What To Do During Times of Market Volatility

Given the recent market volatility due to the coronavirus, we at Oculus Private Wealth wanted to provide you with some insight and tips on how to view investing during uncertain times. 

1. Don’t Panic. We’ve been here before…  
As unprecedented as much of the coronavirus’ impact has been, it’s important to remember that we have been in similar situations before. At the time, many past viruses resulted in immediate market losses, but on average, after an initial viral outbreak, the market is up 10%, 6 months later. 

Coronavirus Statistic Illustrations

There is certainly a lot of numbers floating around regarding the spread of the coronavirus. To help simplify things, the team at informationisbeautiful.net, has gathered statistics from reputable sources such as the China Centre for Disease Control & Prevention, and Johns Hopkins University, and created easy-to-read graphics depicting the data. To view the information and graphs, please click HERE.

New Coronavirus Cases Dissipate at its Epicentre

New cases of the coronavirus spreading are decreasing in China. The battle isn't over, but the lower number of cases brings renewed optimism to the country. To read an excellent piece by the Globe and Mail, please click HERE.

The Stock Market versus Viral Outbreaks

With the deadly coronavirus affecting more people daily and spreading outwards from China, the stock market is currently experiencing some volatility as a result. Any time there is a global viral outbreak, the market tends to react negatively at the beginning due to the potential economic consequences that stem from the horrible affects these viruses have on the global population. 

War and the Stock Market

With the recent turmoil created by the US and Iran crisis, I thought it would be beneficial to touch upon how the market has done historically after a geopolitical crisis. 

Money Tips for Christmas

Its officially that time of year where bank accounts and credit cards are starting to get quite a workout. And with just a few weeks left before Santa is set to come down the chimney, I thought it would be good to provide you with a few helpful money tips to help you through this gift-giving season. 

Please click HERE to find an article by The Balance that has 5 ways to save money on Christmas gifts this year. 

Seven Financial Tips For When You Are Having A Baby

Having a child is a massive life-changing experience. There are so many things to do to get ready, and some of those things involve getting your finances in order before or just after your little one arrives. 

Thinking about your finances when you have a baby coming is likely one of the last things you want to do. Luckily, Wealthsimple has created a list of 7 tips you can follow to make sure your finances are sound, and give you more time to focus on your little bundle of joy. 

#VanLife

While scrolling through your Facebook or Instagram accounts, you may have come across the popular hashtag #VanLife. 

Wealthsimple's recent Money Diaries article features a 67-year-old woman who decided to live the nomad life. She discusses the ups-and-downs of living on the road, and balancing her budget. 

Its a story of hardships and miracles, all while trying to start a savings account. 

For the full story, click HERE. 

What is a TFSA?

Odds are you've heard of a TFSA before, whether it was brought up to you at your bank, you read it on a billboard, or from your uncle who just keeps pestering you to open one. But alot of Canadians still don't fully know what it is. 

As it is a question I get quite a bit, I wanted to provide a bit of insight into the world of TFSAs (Tax Free Savings Account), and help demystify them a bit.  

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