Article content

I am always interested when clients want to know how they are doing, compared to others.

The reason for my interest is that we spend a lot of time trying to understand clients’ personal goals and how their financial situation will allow them to best reach them. Yet human nature isn’t just about how you can achieve your goals. It is also often about whether you are doing “better” than your peers or not. I don’t begrudge anyone who wants to know. It is kind of how we are built.

We apologize, but this video has failed to load.

tap here to see other videos from our team. Try refreshing your browser, or How does your salary stack up to the rest of the country? A look at what Canadians make Back to video

Even small savings of $30 a week can turn into $22,000 in time. Here’s how small investors can grow their wealth by investing in quality dividend growth stocks.





[/np_storybar]

I will never forget being on a trip to the Dominican Republic and noticing that, despite many of the citizens being poor by our standards, they seemed relatively content. One of the reasons is that they could look to their next-door neighbours in Haiti and feel like they were doing all right in comparison. There is little doubt that wealth and income only take on a complete meaning to people when they are relative to whomever you view as your peers.