How To Build An Investment Portfolio That Aligns With Your Goals?

We’ve been talking about the importance to build a diversified portfolio for quite some time, but how do you determine what kind of investments should be included? and what’s the weighting of each asset class? To find out, there are many factors needed to be considered. For example, your investment duration, risk tolerance, the stability…

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RRSP Deadline and Contribution Limit for The Tax Year 2013

February is always the busiest season for my advisory practice, that’s because the RRSP deadline is the first 60 days into the new year. If you are planning to make a contribution, remember the RRSP deadline is March 3rd, 2014. You could still deposit into your RRSP afterward, but to make that contribution tax deductible…

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Importance to diversify

Can You Really Time The Investment Market?

Last Monday, I did a workshop on personal finance for self-employed professionals at the YMCA. It was a great turnout! We have attendees from across different industries (i.e.: health, beauty, flower shops, computer repairs and many others.) As we are approaching the deadline to make the RRSP contribution for the tax year 2013, I received…

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10 Brainstorming Questions for Your RRSP Planning in 2014

As we’re in the RRSP season, you probably will hear a lot more about this four-letters word through different types of media. However, before you decide what to do for your RRSP this year, I’d like to share 10 brainstorming ideas for you to think about: What are the benefits to you in contributing to…

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Employment Termination Series: How Do You Handle Your Company’s Pension Plan?

Many companies may offer pension plan as part of the employees benefits, where these plans are considered as one of the most important source of retirement funding beside government pensions and personal savings. However, when employees leave the company before they retire, what are the options available? Last time, we’ve talked about the treatment to…

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Retirement Allowance Transfer

Employment Termination Series: What Should You Do With the Severance Pay?

In the previous post, we’ve gone through the overall financial consideration upon employment termination. (To read the previous post, please visit: http://samuelconsultant.com/employment-termination/) This time, we will look into the treatments of severance pay more in depth.   Treatment of Retiring Allowances (Severance Pay) When an employment is being terminated, usually a severance will usually be…

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RRSP Deadline March 01, 2013

RRSP Deadline in Less Than One Week If you still have not contributed into your RRSP for the tax year 2012, there is less than one week to do it. Below is a checklist that provides some insights to your RRSP planning. Check it out!   http://www.mackenziefinancial.com/mfc_insight/en/pdf/Family_Finance_112012a.pdf

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Why you’re always in the wrong lane of traffic

Recently, I watched a clip from Don Connelly where he compared investors doing market timing is no different from drivers changing lanes at traffic. For long-term investors, when you are reviewing your RRSP, RESP, TFSA portfolio, it is important to diversify with the proper asset allocation. Click on the image below to watch the clip      Screen shot of Don…

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Investment updates: Second Quarter 2012

After a promising start in the first quarter, capital markets became increasingly volatile in the second quarter, as Europe’s debt crisis escalated once again and weaker global economic activity caused investors to take a more cautious tone. In the Eurozone, Greece and Spain were among the chief sources of investor concern. Worries that Greece, which…

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Asset classes that you might have missed

As businesses become more and more globalized, diversifying your equity holdings only based on geographic differences might not be enough. With so much volatility in the equity market these days, perhaps you might want to consider including some other asset classes into your portfolio.   Real estate funds:  “As an alternative asset class, which represents…

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