New Energy Landscape
Bill Nye the Science Guy met with Prime Minister Justin Trudeau in Ottawa earlier this year to promote the use of alternative energy fuels in our economy. He is a strong advocate of moving away from carbon-based fuels. Yet, Nye admitted, in a Toronto radio interview some days later, that the economy will likely transition […]
Year End Tax Tips
With a few weeks to go before the year-end, you may wish to think about some moves you can take now to save you some taxes for 2016. Along with the usual advice to do any tax loss selling before December 23rd on any equity investments to offset any capital gains earned in other investments […]
Saving for a Financial Emergency
It is next to impossible to know when you might be impacted by a financial emergency; therefore, it is important to be prepared for something unforeseen in the future. Most people have heard the saying about saving money for a “rainy day”. With the right forward planning, there is a great chance of being able […]
Active Versus Passive Investing
There are very passionate views on both sides of the debate as to whether it is better for individual investors to use active investment managers versus using an index approach, with its main selling feature being lower fees. Let us first bear in mind why people invest in the first place, whether it is bond […]
The Story Behind ‘Sell Everything’
The media in general has a tendency to take an idea or story and run with it until the original context or point is lost in a wave of misinformation, taking a form of its own. At that point, the idea can become very dangerous to you as an individual working to build your own […]
The Advice Dilemma
A constant dilemma for Advisors working with clients to help them realize their goals and dreams is striking a balance between the tyranny of immediate current events with the need to stay focused on your longer term goals. The recent Brexit vote in the U.K. is a case in point. The media created a firestorm […]
The Question That Is Rarely Asked
After speaking with many clients and potential clients over the years, a pattern emerges in the direction that the interview takes. There is often a sense of give and take with the client wanting to get certain questions answered in their mind, giving out small bits of information, but withholding the rest as if to […]
World Reserve Currency Regime
Canadians, like many nationalities, have a home bias when it comes to investing. The majority, if not all of their investments, such as RRSPs, real estate, mutual funds, segregated funds and businesses, are in Canada and are tied to its future economic growth. These Canadian investments could see reduced returns in the future, however, due […]
Millennial Money Mistakes
Investors who start saving at a young age automatically have one of the most powerful assets on their side: Time. To get ahead financially, young adults should beware of some of the most common pitfalls discussed below that can all too easily sabotage a financial success strategy. Not Taking Saving Seriously At the dawn of […]