Financial Library

Consumer Impact of Low Interest Rates

Mar 07 2016

While the Bank of Canada publicly muses about adopting negative interest rates on Government Bonds as a policy tool to stimulate economic growth, the Bank of Japan recently cut its benchmark interest rate below zero, joining several others including the European Central Bank in the negative interest rate club. According to the February 6th issue of The Economist, almost one quarter of the world’s GDP now comes from countries with negative interest rates.

interest

interest rates

9 Ways to Destroy Wealth

Mar 07 2016

Taking the time and effort to manage your money better is certain to pay dividends in the future. By following the rules of careful money management, it is possible to cut out wasteful outgoings and increase savings, which can mean being $1,000s better off each year. Any of these extra savings can be put aside or spent on your next vacation, car, or even used towards your pension.

asset wealth

saving strategies

savings

Traveling in Retirement

Mar 07 2016

One of the top retirement goals for many is travel. As many as 1.5 million so called "snowbirds" travel to the Southern United States during the winter. With summer just around the corner, thoughts turn to travel within our borders, too. The Canada Safety Council states that a few simple precautions can help ensure a safe, healthy and enjoyable trip any time of the year.

retirement planning

Investing Like the Rich Do

Feb 08 2016

"Everyone has a plan until they get punched in the face."
George Foreman.

investment planning

investments

Strategies to Enhance Your RRSPs

Feb 08 2016

Since their introduction in 1957 as an incentive to save for retirement, Registered Retirement Savings Plans (RRSPs) have evolved into the most popular savings vehicles in Canada. All too often, though, RRSP decisions are made in a panic to meet a deadline, with little or no planning or understanding of the effects of our actions.

Here are a few top strategies to help you get the most from your RRSP and retirement plans:

rrsp

savings

The Client Interview

Jan 11 2016

There is often a sense of nervousness when you go to your first meeting with a new financial planner or advisor. How should you approach the meeting? What and how much should you tell them? What results do you expect from the meeting and from any future interactions?

investment planning