In the latest issue of the Health, Wealth and Wisdom newsletter, Sonia Spekkens of Cowan Financial Solutions talks about how to determine your investment comfort level. I thought I would mention the article here, because January seems to be a time when most people take time to reassess their goals - financial, health, etc.

In her article, Sonia talks about the four risks investors face, and some strategies, where appropriate, for dealing with the problems caused by market and economic shifts. These risks include:

• Economic Risks
• Inflation
• Market Value Risks
• Being Too Conservative

In conclusion, she says: "Investment selections that meet your goals and risk profile are within your control. Risks that affect the market or the economy are ones over which you have no control and require you to adjust your investments or ride out the storm."

To read the full article, click here.

Other articles in the newsletter include:

• Important Changes to the Rules for Ontario Locked-In Accounts
• Calling All Snowbirds and Fellow Travellers
• Lessons From the Recession - Take Control of Your Money Without Leaving the House
• Ontario Residents Can Now Designate TFSA Beneficiaries
• RRSP Reminder

To read the full newsletter, click here.