JKR Financial Group

This is our latest info with some editing help from our new employee AI.

“When it’s a low point we get excited! Volatility is your friend”

As an army veteran of four years, I learned the value of reconnaissance and having multiple contingencies in the field. These skills have proved to be invaluable in my 30 years of experience in the financial planning and investment world. In times of market volatility, many investors and their advisors panic, but I believe that this is when we can have the most positive impact on wealth creation. My years of experience, combined with top level training, have given me a unique perspective and approach to financial planning that sets me apart from others in the industry.

In my time in the army, I served in a reconnaissance platoon for two years, where I learned to gather accurate information at the street level and plan for multiple scenarios. This has helped me to remain calm and make informed decisions in even the toughest of financial environments. Currently, with high inflation and interest rates, many of my colleagues at banks and big institutions are struggling with the stock and bond market losses. However, I view these challenges as opportunities for us to make a positive difference for our clients.

At JKR Financial Group, we take a specialized approach to financial planning, using reconnaissance and having multiple contingencies in place to help our clients reach their goals. As independent advisors with our own location in Hamilton, Ontario, we specialize in Individual Pension Plans and have a deep understanding of market cycles and how to navigate them. Our goal is to help our clients grow their wealth through smart investing and top-level planning.

If you're a business owner, medical professional, or anyone looking to grow their wealth through investing, I invite you to book a call with us at JKR Financial Group. Together, we can make a positive difference in even the toughest of financial environments.

January is an exciting time of the year for Financial Planning.

This is the time of year when all the updates come out. The picture below is a snapshot of the Financial Data Uodate for 2023. The financial planning software I use does this automatically.

Building a Financial Plan with accurate projections requires knowing the basics. This is critical before investing. Having a base plan allows for the testing of other scenarios that you will think of in your lifetime.

Investing is our skill, however our investment success, comes from our top level planning.
Rule number 1. Always conduct Reconnaissance.

Financial Planning and Investment Advice from the street level.

What is Reconnaissance?

I use this word, reconnaissance, sometimes in my business description or in marketing taglines.

First, I think, we all have unique abilities. Things that we do naturally and with ease. Some people believe it comes from our childhood experiences or later in college years. This ability over time becomes your DNA for how you add value to this world. We become aware of it as we compete for business or victories.

I think my unique ability is a natural curiosity and an ability to do Reconnaissance. From ages 18 to 22, I served in the Army, for four years (incase I never mentioned it lol)

My reason for joining the military was an unromantic one, I needed a job. You see the time period was the Cold War 1983, the baby boomers had taken all the jobs at the steel mills of Stelco and Dofasco even McDonalds had no openings in my hometown of Hamilton.

Do you know who was hiring? The army, especially in the trade called Infantryman 031. I have to tell you, having no job to go home to is a great motivator to succeed. The courses had a pass rate of less than 50%. More than half either quit or or were dropped to other courses.

This success eventually landed me in a very special infantry platoon. Reconnaissance Platoon. A brief description of Recce, we operated in 2-3 man units. The use of concealment, gathering of information, contingency of gathering spots and sharing of that information to a platoon or company commander were all crucial skills needed to be successful.

In the Investment and Financial Planning world, my knowledge or reconnaissance of the economy is very important for our clients to succeed in attaining their goals. I believe that for that economic information to be accurate it has to come from the source or street level. The biases of sponsored information can be discussed in later posts.

One of my most accurate sources of information on the economy at that street level is Abbiy. Abbiy immigrated from Ethiopia and works two jobs in the city, on the weekends he is in charge of a parking lot in one of the busiest night club districts in Toronto and during the week he delivers fish to markets in the city and surrounding area.

Abbiy and I met two years ago as my oldest daughter’s ballet journey has her at the National Ballet of Canada which is near Abbiy’s parking lot. Our friendship has grown and I look forward to each week hearing about how much lobster sold this New years eve versus last years, or how busy or not the night clubs were on the weekend.

Accurate data is important for Investing, Strategic Planning and Comparisons to the information I receive thru traditional sources.

Accurate data comes from conducting Reconnaissance.

JKR Financial we ‘Recce’ the economy at the street level to deliver results to our clients. Meet with us if you want to stay ahead of the pack.

A fun afternoon at the ‘investment lab’
We are doing year end planning and also getting treats at Denninger's Foods of the World

Plan for tax free savings in 2023 with the increase in the TFSA maximum deposit increasing to $6500.