Nostradamus does not work on Wall Street (it would be nice if he did!). The idea that the best investment managers have a crystal ball is not accurate.
Given the high inflation we have all experienced over the last 12 months, it comes as no surprise that many household budgets are being pushed to their limit.
If you own stocks in your investment portfolio – either directly or through mutual funds or exchanged traded funds – you are a part owner in multiple businesses.
Over the past few months, there has been a growing rumble of conversation about inflation. Most people know what inflation is but understanding the root cause of inflation can be something different.
The investment world is based on decisions humans make regarding money every day – some decisions lead to positive outcomes, and others have negative results.
When we think about the value of the Canadian dollar (CAD) in relation to other currencies, our first thought is often our buying power when we travel abroad.
There’s an old investment joke that goes, “Do investors care more about the return on their investment or the return of their investment?” We want growth plus our original investment back to us, don’t we?
It can be difficult not to jump into these high-flying stocks that we see day to day in the media.
Since 1987, when the Canada Pension Plan (CPP) first introduced flexible retirement pension start dates, this has been one of the most common questions that I get asked...
For the purposes of this piece, we will be focusing on managed money and, in particular, mutual funds. An investment advisor who chooses investment funds on behalf of a client is implementing what’s called Overlay Money Management.&nbs
After thirty-five years of financial advising, I would like to share some insights I’ve recognized as important ingredients in effective integrated wealth management.
Everyone has different goals and expectations for their retirement. Likewise, everyone has a different level of financial resources they can use to achieve these goals.
A life annuity is a financial vehicle that allows you to exchange a lump sum of capital for a guaranteed income for as long as you live (or you and your spouse or partner lives).
Louise is retiring soon, and it just dawned on her that she isn’t clear what’s going to happen to her cash flow after the regular paycheques stop coming in. I find this a great source of concern among the nearly-retired...
Answer: One of the major implications for you will be that you will no longer be able to split pension or RRIF (Registered Retirement Income Fund) income on your income tax returns.
You’ve saved long and hard for many years. You’ve made sacrifices and put your long-term needs ahead of your current desires for that vacation, the newer car or upgrading the kitchen.
It's no secret that today's low interest rate environment poses a real challenge for Canadian.
We are pleased to present the results of the 2016 Horizons Retirement Report. This report summarizes the dreams, fears, hopes and challenges of Canadians planning to retire within the next 3 to 7 years.
One of the most regular questions I’m asked by retiring clients is, “How do we manage our investments once we’re retired?”
Take a moment to think back to the day you got your first job. At that time, you likely had minimal financial assets and no real estate...
Earlier this year, the investment firm Vanguard released the results of a major study attempting to quantify the value of financial advice to investors.
During your working life, you may have had one or two sources of income with limited ability to manage the timing of cash flows.
Recently, there was a study done by Princeton’s Department of Mechanical and Aerospace Engineering on, of all things, the life cycles of social media.
When you require income from your RRSP, a Registered Retirement Income Fund (RRIF) may be appropriate for you.
Like most Canadians, I spent many hours in front of the television this February, eyes glued to the spectacular Olympic Games.
Is your portfolio the result of your goals (or lack thereof)?
If an investment you're interested in has the characteristics of one of the five warning signs below—it’s okay to say ‘no’.
Most investors leave the choice of selection of individual stocks and bonds to a dedicated professional team whose full-time efforts are dedicated to that task.
In the 1991 movie “City Slickers”, Curly (Jack Palance) asks Mitch (Billy Crystal): “Do you know what the secret to life is?”
The oldest “official” living person in the world is now 115 years old, although there was a recent unofficial report of a 127- year- old lady in China.
We’ve just completed the 2013 edition of the Horizons Retirement Report. This survey is done with Canadians who are approaching retirement.
Many of our clients who operate a small business or professional practice in law, medicine, real estate, or accounting will be incorporated.
Women are often personally connected to the object and process of learning. Their sense of identity, self-esteem, social world and power affect how they learn.
A solid credit score is your endorsement as a desirable borrower, providing you with access to capital at better rates, saving you considerable interest costs and helping you achieve your financial goals.
Nearly 70% of Canadians own the property they live in. These individuals have a significant investment in residential real estate in the form of their home.
Most investors understand that to achieve their long-term target rate of return, they will need to accept some volatility in the short and medium term.
As we approach the holiday season, you’ll hopefully find some time to spend with family and/or friends. Many conversations will be had and some may be about that overdone turkey and some may even be about the investment markets.
Responsible investing (also known as ethical investing and socially responsible investing) is growing in popularity as more investors are seeking to align their portfolios with their values.
Don't simply retire from something; have something to retire to. ~Harry Emerson Fosdick
Both OAS (Old Age Security) and CPP (Canadian Pension Plan) are government income entitlements that are meant to provide Canadians a guaranteed inflation-indexed pension for as long as they live. But what are they worth to you today?
As financial advisors, a big part of our job is to guide and steer investors in the right direction when it comes to portfolio management. The goal of a typical investor, and this may come as a shock to you, is to generate a consisten
If you or your partner receive qualified pension income, the federal government’s pension income-splitting provisions could mean extra money in your pocket when you file your income tax returns.
Markets have gone through some ups and downs in the last decade, and this has caused many investors to be worried and pessimistic about the future. Throughout history, people have been apprehensive about times yet to come.
In the year you turn age 71, you must convert your RRSP funds to a RRIF, annuity, or cash out. Converted to a RRIF, the plan must pay out a minimum of 7.38% of the value on January 1st.
In November, the Department of Finance finalized their changes to the taxation of life insurance as previewed in the March 2013 Federal Budget. These changes resulted in an update to the “exempt test” which determines how much tax-def