Welcome to our 2022 Fall Newsletter
- We hope this edition of our newsletter finds you well and that you enjoyed a wonderful Canadian summer. We recently observed our Autumnal Equinox which means that fall is officially here. There is much to celebrate during this transition from summer to winter. Thanksgiving is our celebration of bountiful harvests and other blessings of the year. This year we were especially thankful for the return of regular rains where we live here in Southern Manitoba and an end to the 2020 drought conditions.
This photo was inspired by the classic Thanksgiving horn of plenty, also known as a cornucopia. Here's some fun facts about the history and meaning behind the classic symbol and how it became associated with the holiday. The word "cornucopia" is derived from two Latin words: Cornu, meaning "horn," and Copia, meaning "plenty." Frequently mentioned in Greek and Roman mythology, the overflowing cornucopia was often depicted as a symbolic accessory carried by gods and goddesses like Hercules, Fortuna, and Demeter. It was first described as an actual animal "horn" taken from Amalthea, the goat nurse of Zeus. According to the ancient Greeks, baby Zeus was being cared for and fed by Amalthea when he broke off one of her horns, which began to emit a constant supply of food for him. That's how this "horn of plenty" first came to symbolize prosperity, wealth, and abundance. Thanksgiving has always been an ode to harvest time, and it's always taken place in the fall—so it's natural that the holiday would feature the cornucopia, which historically embodies all of those things. Today, the cornucopia is used purely for Thanksgiving decorations. It continues to symbolize abundance and a bountiful harvest.
Apple Crisp - A True Fall Classic Dessert
Ingredients: 12 Medium Apples - peeled and chopped, 1/2 cup butter at room temperature, 1/2 cup flour, 1/2 cup oatmeal, 1 1/2 cups brown sugar, 1/2 cup white sugar, cinnamon
Instructions: Mix chopped apples, white sugar, and 1 teaspoon cinnamon. Add to buttered 9 x 13inch baking pan.
Mix butter, oatmeal, flour and brown sugar until mixture resembles pea-sized crumbs.
Spread topping evenly over apples and sprinkle generously with cinnamon,
Bake 40 to 50 minutes at 350 Fahrenheit
Serve warm with ice cream and enjoy!
In the Financial World
This year has been challenging for investors so far, with traditional asset classes, such as equities and bonds, registering large declines, making this one of the worst periods for balanced portfolios in decades. Both stock and bond markets have taken a beating, marking perhaps, the end of a 40 year period of unprecedented growth along with inflation rates not seen since the 1980's. It is important to take steps to immunize portfolios against the current environment of inflation and rising interest rates. Investing in high quality companies with steady and growing dividends can represent a core strategy to grow your capital while managing risk in the current environment. This strategy has been proven time after time over the long term. Risk management starts with owning high quality, not high risk, investments. After that it’s all about managing emotions. Turn off the news, the world isn’t falling apart, optimism still wins over pessimism, regardless of changing market conditions. We're passionate about managing risk and looking for opportunities. We believe our job is to create high quality portfolios and then to help clients make good investment decisions. Click here for our thoughts on what lies ahead in the shorter-term future. As always, we here and ready to talk more about markets or your investments if you have questions.