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Showing posts from April, 2025

Kamal Lidder - How to Use Index Funds to Build Long-Term Wealth

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Are you looking for a low-cost way to grow your money over time? Kamal Lidder , an experienced Wealth Advisor at Canaccord Genuity Wealth Management, explains how index funds can be a game-changer for your long-term financial success. What Are Index Funds and Why Do They Matter? Index funds are investment funds that track the performance of a specific market index, such as the S&P 500 or TSX Composite. Instead of trying to beat the market, they aim to match it. Here’s why index funds are worth your attention: Low fees compared to actively managed funds Broad diversification across many stocks or bonds Historically strong returns over the long term Minimal effort is required to manage them “Index funds give investors exposure to the market without the stress of stock-picking,” says Kamal Lidder. “They’re ideal for anyone who wants steady, long-term wealth building.” Why Index Funds Are a Smart Choice for Long-Term Wealth 1. Low-Cost Investing With High Potential One of the main ...

Kamal Lidder Explains What to Do When the Market Crashes

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When the stock market takes a hit, it’s easy to feel anxious. You check your investments and suddenly, everything looks like it’s going downhill. For many Canadians, this can be a stressful experience. But wealth advisor Kamal Lidder says it doesn’t have to be. A market crash isn't the end—it's a moment to pause, think clearly, and make smart decisions. Whether you're new to investing or have years of experience, here's what Kamal suggests when markets take a turn for the worse. Keep Calm and Don’t Make Sudden Moves The first thing Kamal Lidder advises is not to panic. Markets go up and down—it’s part of the cycle. Big drops can happen quickly, but over time, markets have always recovered. Why Do Markets Crash? Some of the reasons include: Rising interest rates from the Bank of Canada Global events like wars or pandemics Drops in key sectors like oil or real estate Panic selling and emotional decision-making Knowing the cause of the crash can help you see the bigger pi...

Kamal Lidder Explains the Dangerous Mistake Most New Investors Make

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Are you just getting started with investing? Financial expert Kamal Lidder warns that one common mistake could cost new investors dearly. Understanding this risk can help you make smarter decisions and grow your wealth more safely. In this blog, we’ll break down what that mistake is, why it happens, and what Kamal recommends to avoid it. This advice applies to you whether you’re investing in the stock market, real estate, or mutual funds. The #1 Mistake New Investors Make, According to Kamal Lidder Jumping in without a plan. Kamal Lidder, a seasoned wealth advisor at Canaccord Genuity Wealth Management, says the biggest mistake new investors make is investing without a clear strategy. Many people get excited by headlines, trends, or “hot tips” from social media. They buy in based on emotion—without thinking through their goals, risk tolerance, or long-term plan. Why It’s So Dangerous Here’s why investing without a plan can backfire: Emotional Decisions : Fear and greed can take over, ...

Kamal Lidder Shares the Benefits of Long-Term Investment

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When it comes to building wealth, many people focus on fast results. But according to Kamal Lidder , a seasoned Wealth Advisor with over a decade of experience, long-term investment is the real game changer. With years of guiding clients through financial ups and downs, Kamal believes that a steady, patient approach often leads to greater rewards. In this blog post, Kamal shares why long-term investing works, how it benefits your financial future, and what steps you can take to get started. Whether you're just beginning your investment journey or looking to refine your strategy, this guide offers simple, clear advice to help you grow your wealth over time What Is Long-Term Investing? Long-term investing means putting your money into assets—like stocks, bonds, or mutual funds—to hold them for several years or even decades. Unlike short-term trading, which focuses on quick profits, long-term investing is all about growth over time. Kamal Lidder often reminds his clients that long-ter...