RRSP Loan
An RSP loan can help make sure you’re taking advantage of RSP tax-deferred investing. Maximizing your annual RRSP contribution is one of the best ways to build a secure retirement. It could make sense to borrow from your RSP if you: Are looking for a smarter way to manage contributions and cash flow Missed making […]
RRSP
Registered Retirement Savings Plan The Registered Retirement Savings Plan (RRSP), is a personal savings plan that lets you save money over your lifetime on a tax-sheltered basis, so your money grows faster. Who should invest in a RRSP? Canadians under 71 years of age who earns employment income and wants to save for retirement by […]
TFSA
A Tax-Free Savings Account (TFSA) is a personal savings account that can be used to save for any goal. After-tax money can go into a TFSA, but your investments grow tax-free and you won’t pay any tax on withdrawal. Who should invest in a TFSA? Canadians who have reached the age of majority Great for […]
Benefits of Segregated Funds
As you know, I’ve helped you manage your risk be it with life insurance, critical illness, or disability insurance. I also have expertise in helping you with your investments and managing risk there too. As an independent insurance advisor, I’m uniquely qualified to offer you segregated funds, which are an investment product with principle guarantees, […]
ESG Investing
More and more, Canadians want their investments to reflect their personal values and we want our investments to have an impact for positive change in the world. There are many approaches to responsible investing, including: Climate change Women in leadership Community development Excluding fossil fuels, weapons, and vices Companies that perform well on environmental, social […]
Introduction to Segregated Funds
Investing your money is an effective way to put your money to work and build your wealth. By investing smart, it helps give you more flexibility to earn more on your money, build more security for your retirement, and ultimately give you the chance at achieving your financial goals and dreams. However, investing comes with […]
Beat the Banks
The traditional approach to banking means that each month millions of Canadians jump through financial hoops to meet their expenses, pay their bills, cover borrowing costs and (try to) put something away into savings and investments. Most Canadians manage their finances by doing two things: Depositing their income and other short-term assets into chequing and […]
Maximize your RESP
The Registered Education Savings Plan (RESP) is an investment program where the Government matches 20% of your contributions. You could even qualify for additional Grants based on your family income. There’s also the Canada Learning Bond where the Government offers up to $2000 for low-income families. Start Early Families with young children can benefit the […]
RESP Benefits
A Registered Education Savings Plan (RESP) is a special savings account to help Canadian residents save for a child’s post-secondary education. Benefits include: Help you systematically save and plan for a child’s education Tax-sheltered growth – there’s no taxes payable on the money earned in a RESP until it’s withdrawn Government Grants – Government matches […]
Elite Pricing
An important part of investing is making sure you invest wisely. Even if you invest wisely, you might still be leaving money on the table if you do not pay extra attention to your investment fees. You might remember the old saying, “A penny saved is a penny earned”. The same idea can be applied […]