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The Impact of Rising Interest Rates
On December 14, the U.S. Federal Reserve Board (the Fed) raised its benchmark interest rate by 0.25%. The move reflects the Fed’s intention to return borrowing costs to more "normal" levels and stem future inflation, as the U.S. economy and job market continue to grow.

The Risk/Return Trade-Off
Over the long term, higher-risk investments, such as equities, have historically tended to outperform lower-risk investments, such as bonds and money market instruments.

Winter Vacation Ideas
Winter has settled in and the thermometer is going to be below zero for at least another month or two. If you haven’t gone on a vacation yet, start planning today.

Don Park
226 Hawkland Place NW
Calgary, AB, T3G 3R4
Phone: 403.208.9181
Fax: 403.208.1007
E-mail: don@donpark.ca
Web: http://www.donpark.ca

©2017 Investment Planning Counsel

Disclaimer: This Report is written by Investment Planning Counsel, a fully integrated Wealth Management Company. Mutual funds available through IPC Investment Corporation and IPC Securities Corporation. Securities available through IPC Securities Corporation, a member of the Canadian Investor Protection Fund and a member of the Investment Industry Regulatory Organization of Canada. Insurance products available through IPC Estate Services Inc. Mortgage Broker Services provided by Invis Inc. (Lic.# ON 10801 / SK 315928) or Mortgage Intelligence Inc. (Lic.# ON 10428 / SK 315857).

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