Admin Updates

Borrowing to Invest

2019-12-19T23:25:27-08:00December 19th, 2019|

Borrowing to Invest: If you are like many Canadians you have already done some borrowing to invest.  Taking out a mortgage to buy a home is, technically, leveraged investing.  The homeowner borrows part of the money needed to make an investment in real estate that he or she couldn’t otherwise afford.  As a result, the

Drive while you still can…control spending while you still can!

2018-04-13T11:10:34-07:00October 12th, 2017|

You may have heard of some car companies suggesting that you, “drive while you still can”. This statement is in response to the upcoming self-driving cars which you will monitor, but may no longer have the pleasure of driving.  In the not too distant future it is easy to imagine that once autonomous vehicles have

Time to close your RRSP?

2018-04-13T11:10:45-07:00October 7th, 2017|

Registered Retirement Savings Plans (RRSPs), are one of the best tax-deferred savings vehicles available to Canadians. You can withdraw your money from your RRSP at any time, but you must close it by the end of the year you turn 71. So how do you turn your hard earned savings into income? There are a

Travelling in Canada? What you should know.

2018-04-13T11:10:55-07:00September 7th, 2017|

This summer there are many Canadians who have decided that due to low currency exchange rates, along with unstable political and civil climate of severalinternational destinations that they will travel in Canada.  They may travel coast to coast to see the country or to go back to visit family who live in other provinces.  Recent

Bella Hadid recently visited her grandmother

2018-04-13T11:11:09-07:00September 1st, 2017|

Bella Hadid recently visited her grandmother “Oma” in Holland.  Her Oma is being treated for cancer.  As Holland has one of the top health care programs in Europe her Oma is well cared for.  Bella may have to invest considerable modelling dollars in a private critical illness program in the USA to get similar medical

It’s Retiring To Something…Not Retiring From Something

2018-04-13T11:11:19-07:00August 11th, 2017|

If you are still in the working world, you probably have discussions with your workmates about how you are looking forward to retiring. No matter what your job or position may be there are always problems or tasks with which you would rather not deal. While your focus may be on retiring from your job

What do I want from my future?

2018-04-13T11:11:29-07:00August 9th, 2017|

At this stage of my life, my health is good and so I would like to continue to help people manage their funds and feel I can continue until I am 75.  At that time I may wish to shift focus to further travels and relaxation. Over the next 3 years I would like to

Strong safety nets, not Band-Aid solutions

2018-04-13T11:11:38-07:00July 12th, 2017|

Although the needs for life insurance may last a lifetime, your specific security needs will likely change at each stage of life. A sound financial protection program goes beyond quick-fix, Band-Aid solutions that work for a while, but breakdown as soon as a new problem arises.  Think of your financial protection plan as a safety

Retirement Planning

2018-04-13T11:11:51-07:00June 7th, 2017|

Turning Your RRSPs Into Income What should you do the time comes to convert your RRSPs into retirement income? There are two basic options available to supplement your other sources of retirement income. RRIF’s (Registered Retirement Income Funds) give you control of your capital and the freedom to invest the money as you wish on

Health Benefit Plan that Covers More and Costs Less? Making Employers and Employees both Happy!

2018-04-13T11:12:00-07:00June 25th, 2012|

We recently came across a new approach to health benefit plans. One of the issues many employers face is escalating costs for their employees health benefit plans. If the employees are active users of the plan the employer can expect to often have an increase in their health benefit premiums in the following year. It