By the time you read this, we’ll have about three weeks left to get your RRSP Contributions in for the 2015 Tax Year. The final cut off is February 29th due to the Leap Year. The maximum amount this year will be $25,370. I’ll be busy seeing clients throughout February and really won’t stop until March. Please contact me right away if you’d like to get a Contribution in.
We had a rough start to 2016 on the Market with an ugly couple of weeks to start January. Luckily, we didn’t have clients panic as January closed very strongly with some really nice returns to end the month. It’s looking like it may be one of those years but we’ve got a lot of months left! In times like these, it’s important to remember that history has shown us more good days than bad. More positive months than negative and more years where clients make money with their investments than they see losses. While history doesn’t repeat, it often does rhyme.
Vienna and I will be in Saskatoon from March 10th to the 13th to meet my new Nephew! We’re excited for that as he’s the first grandson in the family after seven granddaughters in a row. We’re also excited to take a short family trip over Easter. We haven’t worked out the details yet but we figure we’ll take the kids on a bit of an adventure while they have some time off school.
Have a happy RRSP Season and hope to see you soon!
Bryce A. Borden