Staying Flexible - so underrated!

One of the most underrated approaches when it comes to investing, is staying flexible.

If you know a thing or two about investing, money that needs to be accessed within 1-2 years should often times sit in cash, to prevent a possible loss when you need the funds.

However, experienced investors that have a strong emergency plan (cash, access to low-interest debt, and critical illness / disability insurance), as well as more than one source of income, can remain flexible in their approach - allowing more dollars to grow.

A personal example here - we had a maintenance fund for our rentals with approx. $11,000 in it. A regular savings account, earning minimal interest.

I decided after re-assessing our financial situation, that should we need to spend upwards of $11,000 on maintenance for our properties, we have other places to access this amount, and are open to: financing; waiting for the market to recover; borrowing it from one of our corporations.

So, I chose to invest that amount into an all-equity TFSA on April 4, 2025. The S&P 500 is up 24.7% since that day already, so, this move happened to pay off in the short-term (not always the case with investing).

If you can get one take away from this post - it is that building your financial foundation, having a strong emergency plan, allows you to be bolder with your investing approach.

Many of our new clients come to us after feeling underwhelmed at their bank; being in a generic "balanced fund", while wanting a more in-depth look at their investing approach, tax planning, and retirement income planning.

If you think you could benefit from a chat, feel free to reach out!