The Richardson GMP Vancouver office
Please note, as of September 16, 2019, our office is located at:
1055 West Hastings Street, Suite 2200
Vancouver, BC V6E 2E9
Women and the wealth journey
Asked about their biggest financial regret, a sizable portion of women participating in a recent study said they didn’t invest enough. The women also reported that they wished they’d chosen a career with higher pay, not taken on as much credit card debt and lived within or below their means. While these issues may be common among many women, the great news is that financial regrets, like mistakes, are correctable if not avoidable.
A philanthropy primer
What to know about leaving your money to a good cause
Science shows that helping others can make individuals feel healthier and wealthier. That is often at the core of why many people — affluent or not — donate to charity or a good cause.
Those crazy negative interest rates
More than five years ago the European Central Bank adopted negative interest rates as a policy tool to address economic weakness in the Eurozone. Starting at -0.1%, eventually the target short-term rate fell to -0.4%. In Europe, as in every country or region that has tried Quantitative Easing, banks have not increased loans by the amount that QE suggested. As a result, central banks (like the ECB) have attempted to force banks to lend by “charging” banks (with negative rates) to hold these excess reserves.