What Was? 

What Is!

What Will Be?!


Come read all of Gary the Grey's prognostications for 2022.


On July 1, 2021, FundEX Investments Inc.  merged its mutual fund dealer activities and operations with those of Investia Financial Services Inc. via a corporate  amalgamation. Both FundEX and Investia are members of iA Financial Group.

With this merger, Investia is strengthening its place in the market by becoming the largest independent mutual fund dealer in Canada, providing highly personalized and holistic wealth management solutions to clients through their advisors.

In my opinion, with the exception of tangible physical commodities like Gold, Silver, and Oil,
there are only two types of investments:
Income Investments: A promise to repay usually with a set maturity date and a rate of return (interest)
Equity Investments: Acquire an ownership position in an enterprise usually with no guarantee
Everything else is a hybrid of these two types of investments

Recap of 2020

"The year of the Virus but in the end
markets don’t even catch a cold!"

Having been in the Financial Industry for over 42 years, I have witnessed incredible change in the a industry, but never to the degree or in as swift a i transition as what Covid-19 has required.

2019 In Review - After an extraordinarily gloomy 4th Quarter of 2018, global investors welcomed 2019 with open arms and eager wallets. Although not one economic or geopolitical factor had changed over the holidays, investors returned to markets in “buyer” mode.

With all the talk about, and around, Interest Rates, “the Fed,” Rate Inversion, and the bizarre notion of Negative Interest Rates, it’s appropriate to devote much of this newsletter to the topic.

INSANITY “is doing the same thing over and over again, but expecting different results”.  Albert Einstein is broadly credited with saying this, and given what happened in the markets recently, I can’t think of a better epigraph for this edition.

2018 was a very unique period for world markets. In review let’s examine The GOOD, the BAD and the UGLY in reverse. The UGLY - Virtually every stock and bond market worldwide produced negative returns in 2018.

Call it Nationalist Populism, It has “Trumped” Politics on Both Sides of the Pond. Populism claims to promote the "will of the people," standing in opposition to an enemy, often embodied by the current system - aiming to "drain the swamp" or tackle the "liberal elite". 

March Madness - As I mentioned in late 2017, and in my most recent February 2018 Newsletter, VOLATILITY is the “name of the game” in 2018. But volatility should not be feared by the “investor.” It is essential to the market.

The recent market “correction.” Technically we have a correction but I’d rather we call it a misunderstanding or a clear ignorance of the facts. I’m reminded of the phrase from the 1967 film, Cool Hand Luke – said in a southern drawl – “What we got here is a failure to communicate.”

About Gary Cole Financial Management

We provide a complete range of Investment and Financial Services without charge. Whether you are investing $25 per month or your entire life savings, you deserve the highest level of customer service.

Learn more About Us

Important Links

Mutual Funds provided through Investia Financial Services Inc.

fundex logo white transparent

Mutual Funds provided through Investia Financial Services Inc.   Website Disclaimer | Privacy Disclaimer |