7 | O akville B eaver | T hursday,A pril 2,2020 insidehalton.com ANewCemetery forHaltonRegion A new cemetery has opened to serve members of the Catholic community in Halton. Located at the corner of Bronte Road and Lower Base Line, Holy Family Cemetery covers 100 acres - with space for 5,000 graves, 200 cremation lots and niche columbarium space in the first phase of development. Th e Roman Ca t ho l i c E p i s c op a l Co r po r a t i o n o f t h e D i o c e s e o f H am i l t o n i n On t a r i oTh e Roman Ca t ho l i c E p i s c op a l Co r po r a t i o n o f t h e D i o c e s e o f H am i l t o n i n On t a r i o www.thecatholiccemeteries.ca For more information and to view a site plan, call 1-800-661-5985. Make a Difference Today! We Are Hiring Immediate full and part-time jobs available: • Nursing • Care and Personal Support • Cooks and Servers • Housekeeping and Laundry • Reception and Administration APPLY NOW AT: CareersAtChartwell.com Investors without ade- quate diversification are at risk under the current stock market volatility. Concen- trated positions in compa- nies that do not recover will cause financial harm. Evi- dence-based investing proves diversification is es- sential protection for your in- vestment portfolio. The traditional advice? Continue to hold your invest- ments after a significant loss in value, because they will fully recover. This couldfully recover. This couldf backfire. It can be the best advice or the worst. Assume investor A has a well-balanced, diversified in- vestment portfolio. Thevestment portfolio. Thev stocks owned are from many different industries, in many different countries. Strong diversification re- quires owning a very large number of individual stocks -- hundreds of stocks in each investment sector, across many countries, totalling many thousands of stocks. In effect that investor owns a little bit of everything around the globe. After a significant market decline, that investor is com- forted by safety. As long asforted by safety. As long asf there is economic activity in the world, that investor will participate and profit from it. Investor B took a different approach to investing and held concentrated positions of a few stocks. The motiva- tion would have been to pick specific winners that would outperform.Does the buy- and-hold theory apply to that investor? Absolutely not. We encourage you to takeWe encourage you to takeW an evidence-based approach to investing. Speculating on individual stocks can be risky and, in some cases, very disappointing. Diversi- fication is your friend. If youfication is your friend. If youf have invested like Investor A, in a broadly diversified port- folio, take comfort that histo-folio, take comfort that histo-f ry is on your side. When stock markets recover, your stock portfolio will recover. Peter Watson is registered with Aligned Capital Part- ners Inc. (ACPI) to provide investment advice. Invest- ment products are provided by ACPI, which is a member of the Investment Industry Regulatory Organization of Canada. The opinions ex- pressed are those of the au- thor and not necessarily those of ACPI. Peter Watson provides wealth manage- ment services through Wat- son Investments. OPINION BUY-AND-HOLD STOCK ADVICE COULD BACKFIRE THE BEST FINANCIAL PLANNING ADVICE MIGHT JUST PROVE TO BE YOUR WORST NIGHTMARE, WRITES PETER WATSON PETER WATSON Column VISIT INSIDEHALTON.COM TO LEARN ABOUT LOCAL PEOPLE MAKING A DIFFERENCE IN THEIR COMMUNITY