Monthly Archives March 2015

Diversification is the Sane Alternative to Betting On One Investment

Posted by admin on March 25, 2015  /   Posted in Advisor Stream

One of the cardinal rules of being a successful long term investor is diversification.

This is a principle that virtually every investor is familiar with and one that every financial advisor holds out to be gospel.

Then why is it that we often look back upon our investment portfolios with frustration and disappointment when one particular area is under performing while another is shooting the lights out?

If this is what proper diversification is designed to do, than why does it create so much consternation?

Here’s a great article to help provide some perspective on the subject.

Coach Mark


Diversification Is the Sane Alternative to Betting Big on One Investment

You made a huge mistake last year with your money. You know this now, right? The only investments in your portfolio that did very well were probably United States stocks. Bonds may have held their own, but everything else was just pitiful. International stocks performed horribly and emerging markets weren’t much better. What were you thinking? Clearly you missed a big opportunity in 2014. You should have skipped diversifying and gone all in on United States stocks. But seriously, with no proven model for picking the next winner, can you really afford to bet big on any one investment? If you had to, could you even pick one, and only one, investment for the rest of this year? The answer can’t be no! Don’t you know by now who the winner will be in 2015?
Read more here

Accountability Challenge Week 12: The Power of Focus

Posted by admin on March 25, 2015  /   Posted in 52 Week Accountability Challenge


Do you ever find that you have great intentions of taking action and making progress towards your goals, but you seem to get distracted and pulled off course?

Please tell me that I’m not the only one this happens to….Phew, I was getting worried there for a moment.

Why do we allow distractions to get in the way, and what can we do about them, right NOW?

I consider distractions in whatever form they may take (constant flow of email, voice mail,, telephone calls, paper work, last minute projects, sitting down in front of the television instead of exercising, or preparing for that speech you keep putting off; etc, etc ), to be just another manifestation of what I call THE INNER ENEMY. Also referred to in Stephen Pressfield’s outstanding book, The War of Art, as Resistance.

If you recall, Resistance has one job, one singular purpose, which is to stop us from doing the work that our goals are demanding of us to achieve them. Resistance is a sly and sneaky character. Often these “distractions” appear as urgent tasks or events that we must immediately devote our full attention to.

The Power of Focus

Accountability Challenge Week 12: Do it, Defer It, Delegate it or Delete it….just Don’t Dwell on it.

When it comes to distractions or any type of demand on our time, we can choose to respond in four ways; We can choose do it immediately, when can defer the action to another time, if we have the resources we may also be able to delegate it, and finally we can merely delete it.

What I suggest you do is to prioritize each of the actions, or distractions that routinely appear in your life, and in your day. Prioritize them from highest payoff activity to lowest payoff activity. Ask yourself which of these activities are moving me closest to my goals. If your goal is to lose 40 pounds over the next 12 months-then your high priority activities are regular exercise, and healthy eating. If you find that distractions are pulling you away from completing your High Payoff Activities then you need to make some immediate changes in your life.

I have a great solution for you which I have recently been implementing into my own life. I wish I could take full credit for it, but again most of the great ideas that I come across are not originally mine. Occasionally I’m just smart enough to implement them. The three step idea that I’m about to share with you I heard from someone I consider to be my own Accountability Coach, Anne Bachrach. Anne works with many financial advisors like me and she has been smart enough to trademark the brand name “The Accountability Coach™.

Three Steps to Higher Productivity:

Step One: Write down every single activity that can come up in a typical day. Assign a level of priority to each activity ranging from the Highest Payoff Activities (HPA’s) down to your Lowest Payoff Activities (LPA’s).

Step Two: Put each of these activities into your calendar as you would with any important appointment that you make with yourself. Treat these appointments (also known as “blocks of time” as sacred. Clearly you are best served by focusing on HPA’s. LPA’s are also on the list-but should be scheduled in off peak time, or delegated where ever possible.

Step Three: The third and most important and most challenging step once an activity has been booked into your calendar is to HONOUR YOUR CALENDAR. Putting an activity into your calendar and then ignoring it, or continually hitting the “snooze alarm” will not move you closer to your goals.

So there you have it a simple (I didn’t say it was going to be easy-at least not off the get go) and highly effective three step solution to magnifying your own productivity by tapping into the power of focus.

Expect Success,

Coach Mark, Thought for the week: “There is no try, only do”. YodaThe Empire Strikes Back

Mark Hudon, CFP™CCS™

Financial Fitness Coach, Certified Cash Flow Specialist™

Creator of The Core Conditioning Program™

Accountability Challenge Week 11: Unleash The Power of Your Passion

Posted by admin on March 16, 2015  /   Posted in 52 Week Accountability Challenge


The first step in the Process of achieving any goal, desire or dream that we have is to first CLARIFY OUR VISION.

If you went through our goal setting exercises you have already spent more time identifying your most important goals and dreams than the majority of the population of the entire planet. However, I recognize that goal achievement is not always an easy or smooth process.

One of the main reasons is that most people fail to attach powerful, positive emotions that serve as beacons of light that will drive them toward their goals. We are all experts in dredging up negative emotions (fear, doubt, worry, anxiety) that create an automatic Resistance in the pursuit of our ideal lives.

Please take five minutes and explore the following questions.

Accountability Challenge Week 11: Clarify Your CORE Desires: What are you passionate about in your life?

Write down as many different answers as you can. Do not sensor yourself-Really let yourself go & have fun with this exercise. The more at ease & relaxed you are the more meaningful & powerful will be the outcome.


What are you passionate about in your life? What excites you? What brings you the greatest joy in your life, or what could bring you the greatest joy if you were open to it? What would you do for a living if money wasn’t an issue?

 Keep Your Core Strong!

Mark Hudon, CFP™CCS™

 Financial Fitness Coach, Certified Cash Flow Specialist™

 Creator of The Core Conditioning Program™

Check out our exciting new Website, Radio Show, & Cash Flow Planning tools:

Thought for the week: ”There are no limitations to the mind except those that we acknowledge”.      Napoleon Hill

Retirement Reality is Catching up with Me

Posted by admin on March 16, 2015  /   Posted in Advisor Stream

For many people crunching the numbers to determine whether you will have enough to enjoy a comfortable retirement can be very intimidating & stressful.

In fact, coming to grips with your own “retirement reality” is something many people, like the author of this attached article tend to procrastinate on.

However, like the author discovered, when you take the time to go through some retirement planning questions and gain clarity around what a comfortable retirement means to you, you find that your reality is not so scary after all.

I encourage you to read the enclosed article to gain more clarity around your own retirement reality.

If you would like a helpful guide to take you through simple exercises, I know someone who can help you out….wink wink, nudge, nudge.

Coach Mark

Retirement Reality Is Catching Up With Me

New York times columnist John Schwartz writes about approaching retirement with trepidation. He says: I am an idiot. That, at least, is the impression I get from personal finance websites and magazines and books. They all seem to say I’m doing pretty much everything wrong when it comes to my financial life, basically because I don’t pay that much attention to my finances. But with some consultation and some strategizing, he makes the point that retirement reality is nothing to be afraid of.
Read more here

What’s new on this year’s tax return?

Posted by admin on March 10, 2015  /   Posted in Advisor Stream

Now that the RRSP deadline has come and gone, many people have switched their attention on how to get the most from their tax return.

While the best time to do your tax planning is before the end of the calendar year there are certain things that you should be aware of that can help you to save a buck or two.

This week’s article share’s what new on this year’s tax return.

If you have any questions please feel free to give me a shout.

Coach Mark

What’s new on this year’s tax return: Mayers

​It’s a good year to do your own taxes. Only a few things are new, and it’s always good to stay in touch with what you make and where it goes. Tax software is making it even easier, and filing online is getting simpler. The Canada Revenue Agency expects about 1.5 million of us will file this week, as we’re eager for a refund that averaged $1,697 in 2014. The number of early birds will rise to 3.2 million by the end of next week. Most of this year’s tax changes give a little bit to families as part of a bundle of populist tax breaks introduced in 2014. Here are the highlights:
Read more here

Accountability Challenge Week 10: Believe it or not!.

Posted by admin on March 10, 2015  /   Posted in 52 Week Accountability Challenge

Believe it or Not! 

We are now into Week 10 of our Accountability Challenge. Take a moment now to mentally assess the progress that you have made so far toward your Definite Purpose.

Are you completely on track?  

If so congratulations! My simple advice is to keep on doing what you’ve been doing.

Perhaps on the other hand you find that you are not on track or that you are not completely satisfied with your progress thus far.

In that case there is a very good chance that it is your own limiting beliefs (or what I like to refer to as your Inner Enemy) that is standing in your way.

Henry Ford is credited with saying ‘Whether you think you can or whether you think you cannot, you are right”.

Accountability Challenge Week 10: Part 1. List all of your limiting Beliefs:

Take ten minutes today (right now if you can) and list all of the beliefs that you currently hold about yourself that are creating Resistance-in other words are holding you back.

E.g.: My Limiting Beliefs about myself are:

  • I am too old.
  • I am too young.
  • I will always be overweight. I am fat
  • ‘It” is too hard.
  • I am not smart enough, strong enough, good looking enough…good enough.
  • There is not enough time.
  • I am too busy.
  • I don’t deserve success…
  • Etc etc etc..

Add to your own list –write down whatever comes to mind. This is a very important exercise.

Now I have some very good news to share with you. Everything that you wrote down under your limiting beliefs are LIES, yes they are big fat lies. They are not true. This is just your “ego” talking to you. Remember that its mission in life is to keep you safe. It has one job and that is to stop you from doing the work that your goal is asking you to do to achieve it.

Accountability Challenge Week 10: Part 2. List all of your Empowering Beliefs:

 Take another ten minutes and make a list all the empowering beliefs that you can think of:

E.g. My True Beliefs are:

 I am the right age now to do whatever I set my mind to do.

    • I am in great shape right now, and I’m getting better every day.
    • I eat healthy, nutritious foods, and I enjoy exercising every day.
    • I can do this and I know I can.
    • I am worthy, and I deserve success right now.
    • I believe in myself.
    • I have all the time I need to get what needs to be done right now.
    • I like myself.
  • I am fit, I am strong, I am unstoppable.


 Add to your list-write down whatever comes to mind, if you are having a hard time thinking of new, empowering beliefs, and then go listen to the Affirmation CD that I sent you. It’s full of great ones.

 Now take the first list that you wrote down-print it out if you have to and immediately go and tear it up, piece by piece and throw it away into the trash can.

When you do take a moment and repeat to yourself the following

“These beliefs, thoughts, and words are all lies. I refuse to live by lies any more. I only live by truth, and the truth is I already have everything I need within me right not to achieve any goal that I set. I can do this and I know I can. I CAN do this and I know I can.

Please do not underestimate the importance of doing these exercises. Reading through them and intending to do them later, is not enough. Change only occurs when we consciously apply what we learn in the present moment.


 Expect Success,

Coach Mark

Thought for the week-Your life will not change because you KNOW what to do. It will change when you do what you know.

Keep Your Core Strong!

Mark Hudon, CFP™CCS™

 Financial Fitness Coach, Certified Cash Flow Specialist™

 Creator of The Core Conditioning Program™


Training for triathlons at an older age

Posted by admin on March 03, 2015  /   Posted in Advisor Stream

As someone who has competed in triathlons on and off for the past 15 years, I always enjoy reading about other people’s forays into the sport.

I’ve been very fortunate to meet many wonderful, and extremely interested & talented people through my pursuits into the sport of triathlon, many of whom are now close friends, and clients.

One of the terrific things about the sport of triathlon, is that you come across people from all walks of life, and all age groups.

Many of the people that I have crossed paths with ( be it in the pool, on the bike, or on the run) believe in the adage that it’s never too late to do something new.

Or in this case, that it’s never too late to compete in a triathlon,

Here’s a great article that I came across that I wanted to share with you.

It really is never too late….





Training for Triathlons at an Older Age

​LAST year, at 66, Jenny F. Scott was not an obvious triathlete. A retired special education teacher, she had suffered a stress fracture running decades ago and took up serious bicycling only when she was 64 years old. But Ms. Scott, of West Columbia, S.C., and a friend decided to “bite the bullet last year, with no expectation other than we wanted to live through it,” she said of the swim-bike-run training needed to participate in the triathlon held locally each July. She signed up for training again this year, and like growing numbers of people in their 50s and 60s — and some older — she has found a new challenge in triathlons and other sports that test discipline and endurance. Some opt to train for competitive swimming, or the senior tennis or golf circuits.
Read more here

Accountability Challenge Week 9: THE FLIP SWITCH: 17 seconds to change your life

Posted by admin on March 03, 2015  /   Posted in 52 Week Accountability Challenge

Accountability Challenge Week 9: THE FLIP SWITCH: 17 seconds to change your life

This week whenever you are overwhelmed by a situation, circumstance, or a thought or emotion that is moving you away from the direction of your BIG Goal, I challenge you to draw upon a positive thought, memory or emotion for 17 seconds. That’s it. Just concentrate and focus your energy on looking for ways to feel better in the moment, regardless of what is happening around you.

How do you do this?

Think of something you are grateful for in your life. I encourage you to make a list of things that make you feel really good. Perhaps it’s the memory of the birth of your child; perhaps it’s when you met that special someone in your life. Maybe it’s that feeling you get when you step off the plane and feel the wonderful warmth of that tropical destination, particularly in the depths of a long cold winter. Maybe it’s the memory of the little league home run you hit to win the championship.

Whatever it is for you just do it for 17 seconds right now. When you do it for 17 seconds you override ten times the negative flow of emotions that you previously sent out. Gradually build up the time you spend on this exercise. When you can do this simple exercise for just 10 minutes per day, I guarantee that you will be overwhelmed by all of the wonderful things that you are now attracting into your life.

It is impossible to think & act positive 24 hours a day, However it is entirely possible to do it for just 17 seconds today.

Go to it, you can thank me later.

Expect Success,

Thought for the week:
“Your life will not change because you KNOW what to do. It will change when you DO what you know”. Dr. Robert Anthony
Keep Your Core Strong!

Mark Hudon, CFP™, CCS™

Financial Fitness Coach, Certified Cash Flow Specialist™

Creator of The Core Conditioning Program™

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