The per capita rate of debt amongst Canadians is the highest in the world. With a future of increasing interest rates, the prognosis is not great for a lot of Canadians. We seem to have a debt perversion. Many people […]
This last week has been very emotional for some investors with a stock market correction that included the largest drop on the Dow Jones, in one day ever, by more then 1,000 points. This often leads to financial advisors getting […]
Its amazing, in today’s complicated world, that I encounter people that do not have current and valid wills and powers of attorney. The estate consequences can be significant and expensive if one passes away without one. Don’t presume common sense […]
Right now, we are in the middle of the so-called Registered Retirement Savings Plan (RRSP) season. Currently, Canadians are bombarded with financial institutions soliciting them to contribute to RRSPs by March 1st. The decision to contribute to an RRSP should […]
Instead of concluding that New Year’s resolutions just aren’t your strong suit, our Pavlovian response to the month of December is to once again set ourselves up with resolutions. For the record, this year, I am going to try to […]
Christmas can be one of the most expensive times of year. Everyone wants to buy nice gifts for their families and friends. The challenge is that this has morphed under the influence of a commercialized Christmas shopping season that runs […]
I am on the Board of Directors for my local Habitat for Humanity Associate and I wanted to spend some time in the public front of our charity. I decided to volunteer in one of our local ReStores and was […]
Its amazing where one might draw an inspiration for writing. This morning, I was looking out through my window into the back garden, as I often am, watching the squirrels scurry about. A grey runs by with a nut, a […]
The proliferation of robo advisors, or automated online investment platforms, bringing low priced financial services out into the market, has received significant buzz over the past few years. As is prudent with anyone who provides professional financial services, it has […]
We need to re-define balance in our lives. A consistent discussion I have had with people is the concept of actual need versus want. In reviewing cash flows with clients, it leads to some interesting conversations. I am astonished at […]