Higher rates, a tailwind for business. Even as rates go down, we will perform well: Manulife CEO

Roy Gori, President and CEO at Manulife, joins BNN Bloomberg to provide an update on the company's wealth management business. Gori discusses the importance of diversification and how higher rates have been a tailwind for the business.
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[@karlroth7082]

Manulife is a good one to invest in.. however, it’s a slow mover and large volume when it trades higher. Lots of short term gains come much slower. Caution.

[@FLee-vy9bt]

Just bought their stocks

[@Jersderakerguoe]

I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.

[@jones9-]

Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown

[@KarenLavia]

It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.

[@Hectorkante]

this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

[@KarenLavia]

Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with Melissa Terri Swayne for the last five years or so, and her returns have been pretty much amazing.

[@EddyAgnes-vy4kp]

Appreciate this recommendation, hopefully I can get some insight to where the market is headed and strategies to beat the downtrend with when I hear back from Melissa.