Financial Viewpoint
Setting up your life insurance beneficiaries
It is wise to take a few extra steps to plan how you set up your beneficiaries on a life insurance policy.
Read ArticleMortgages
How to fully secure your home
Make Sure Your Home is Fully Secure Consider the following measures to take to ensure your home’s security: • Change all the locks when you buy a new home. • Add deadbolt locks and window locks where necessary. • Consider …
Read ArticleInvestor Insight
RRSP and TFSA REVIEW**
What are some differences between a Tax-Free Savings Account (TFSA) and a Registered Retirement Savings Plan (RRSP)? The tax benefits of the Tax-Free Savings Account (TFSA) The TFSA is a registered savings account that makes it easy for Canadian taxpayers …
Read ArticleMore Recent Articles
Investing with an advisory team
If you are an investor who remembers the mortgage debt crisis of 2008-9, you know that the stock market lost significant value. From an investment standpoint, the real downside occurred when some investors sold off their equity holdings due to …
Read Article
Estate considerations when using the RRSP vehicle
RRSPs alone may not be best for the wealthy The following chart indicates that you can save a small fortune over time in an RRSP. Since your focus is on retirement, much of your wealth may accumulate using this registered vehicle. …
Read Article
The perils of cashing out in volatile markets
Though volatility has been frequent, Dow Jones has risen substantially through the waves of buying and selling trends. During the pandemic, panic selling occurred in March 2020 but recovered despite volatility. Moreover, a bullish buying period ensued into April 2022, …
Read Article
Balancing Investor Risk and Reward
The risk/reward concept states that the higher the risk of a particular investment, the higher the possible return. Although there usually is some risk with any equity investment, it is essential to assess just how much risk your portfolio should carry. Risk involves the potential for gain or loss of monies invested.
Read Article
5 Options of a Buy-Sell Agreement
When a co-owner/partner dies, the surviving business owners usually have five options in dealing with the deceased owner’s business interest: 1. Buy out the heirs of the partner with Life Insurance proceeds. This is usually the most preferred option. After …
Read Article
Disability Buy-Sell Agreements
Two strategies protect shareholders against the liabilities of another significant shareholder becoming disabled.
Read Article
7 ways life insurance protects your financial foundation
Life insurance has been called the foundation of your net worth. If you have a spouse or children, the initial stages of your financial strategy should include adequate life insurance coverage.
Read Article