“Bubble Wrap” Your Retirement: Ensure you Have the Retirement of Your Dreams You are working hard. You are going through all of life’s stages, one step at a time. Now you are at a place in your life where you need to start thinking about retirement. I mean, you’ve done all the things you are … Read more
No matter what stage of life you are in, a well formulated financial plan can help you enjoy your today’s, (yes, even in these uncertain times!), and your tomorrow’s. By following these strategies, you will reach your long-term goals. Keep emotions in check Like many Canadians, you are probably feeling anxious right now. Reigning in … Read more
Redefining Wealth Post-Covid-19 When you look up the definition of “wealth,” it is defined as “the abundance of valuable possessions or money,” OR “a plentiful supply of a particular valuable thing.” Perhaps we need to look to R. Buckminster Fuller’s quote, “If I stopped working today, how long could I survive?” to look at how … Read more
One of the primary desires of many realtors and other professionals is to purchase real estate properties to rent out. The allure of monthly rental income to pay the mortgage and long-term property appreciation is an appealing way to build wealth… especially for those whose business it is to know which properties are best! Many … Read more
Are you concerned with reaching your retirement goals? Tired of seeing your hard-earned dollars grow and then seemingly disappear, (especially in these unprecedented times?) Are you looking for the security of knowing that money will be there when you need it, without sacrificing growth and returns out pacing inflation? Did you know that there are … Read more
Last week Rob Carrick wrote an article complaining about customer service issues with online discount brokerages. Investors have been complaining about long waits to speak with a live representative on the phone, temporary website outages and/or websites that do not respond. Rob’s conclusion is the service problems are due to unprecedented demand to trade stocks … Read more
The way I see it, Canadian’s are not taking full advantage of their entitlements to create a comfortable and secure retirement. How are you supposed to have your dream retirement if you don’t plan for it? I am a firm believer that you should have multiple streams of income throughout your lifetime, including retirement, as … Read more
How Business Owners Can Keep More Dollars in Their Pocket Like so many self-employed, contract workers and owners of small businesses, the wish I hear about most is getting access to group insurance benefits coverage, at an affordable price. There are 3 ways that I see, that can achieve this wish: Traditional Plans, through associations … Read more
“Who is holding your money hostage? Part 2” Last week I spoke about who was holding your money hostage and with that premise I would like to talk about Retirement Savings Plans and Tax Free Savings Accounts. Both the RRSP and TFSA should be used for long term savings. The difference between the two is accessibility. TFSA … Read more
Yesterday there was an article on CBC about a real estate agent that hasbeen hit hard by COVID-19. She needs to sell her house and is being hitwith a $30 000 penalty for breaking her mortgage. This is not a newsituation that she finds herself in. $30K Penalty for breaking mortgage…..Read article here You can … Read more