Financial Library

New Back Office System and a Good Finish to a Tough Year

Posted on: December 12, 2022

Anyone reading my newsletters throughout 2022 is well aware that this has been a tough year. We've dealt with significant Inflation, higher Interest Rates and a weak Stock Market. In past years, when the Stock Market struggles, you might get some help from your Bond Funds. Not in a year like this. In 2022, with Interest Rates quickly rising, it has put some serious downward pressure on the Bond Market. Very few things have worked well this year and this rare phenomenon of Stocks and Bonds being so heavily correlated is very rare.

Tags:

investment planning

Beware of Travel Scams

Posted on: December 12, 2022

If you are planning a holiday, it is wise to be aware of the six most common travel scams you might encounter on your journey. Travel scams vary from country to country, but a few scams are commonly found almost everywhere.

We have put together a list to help you stay safe during your adventure.

Tags:

insurance planning

The Ravages of Alzheimer's

Posted on: December 12, 2022

The Baby Boomers have become known as the sandwich generation as they are wedged between the dependency needs of aging parents and the needs of their children. Those hit the hardest have been the families ravaged by the onset of dementia or Alzheimer's disease. Baby Boomers now find themselves reaching the age when the disease is more likely to strike. Very few are prepared for the emotional and financial toll this degenerative disease can take.

Tags:

eldercare

estate planning

Some Q3 Results and Some Higher Interest Rates

Posted on: November 7, 2022

2022 has been a struggle in a number of ways with a much higher Cost of Living than we've been used to for the last three decades. This higher Inflation has led to Central Banks around the world raising Interest Rates and we've certainly felt that here in Canada. Our Inflation Rate seems to have peaked in this country but let's not hold our breath. There is still a war going on in Ukraine and supply chain shortages that are very slowly getting worked out.

Get Smart Savings Tips

Posted on: November 7, 2022

Balance in life is essential for well-being. Since finances are a number one stressor for most Canadians¹, how you manage your money plays a key role in finding and maintaining that balance.

We've curated some savings tips to help ensure you can enjoy your life now while also saving for your future.

Tags:

financial planning

Estate Plans and Your Children

Posted on: November 7, 2022

After spending a lifetime managing your money to ensure that you actually have something to leave to your heirs, there are some questions that might naturally spring to mind. How much should you leave them? Should you make arrangements to give it to them while you're still alive? More importantly, will giving them a large sum of money actually help them or set them up for failure? These are just three of the most important things you should consider before setting up your estate distribution plan.

Tags:

estate planning

inheritance

money management