RRSP

RDSP anti-avoidance

Investment Review for the Second Quarter of 2017

As we are passed the second quarter of 2017, below is a brief market recap of the investment markets, which I hope will provide you with some insights in how to position your portfolios. Most capital market indexes around the world registered impressive gains early in the second quarter before moderating in June, reflecting steady…

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What It Cost To Procrastinate In Making Financial Decision?

Yesterday, I did a financial workshop for the YMCA Business Center. One key idea that I emphasize is not about any of the financial strategies, rather is the human psychology when it comes to making financial decision. Although, I’m not a  psychologist, I do find that there is one particular problem which are very common…

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Mackenzie Q2 Screenshot

Outlook 2014: Q2 from Investment Professionals

As we entered into the second quarter of 2014, it is important to review over your investments. In going forward, how will you position your portfolio?  Below is a short video clip from Mackenzie Investments, where their professional team will share their view on the market outlook and some of their investment strategies . Check…

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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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rrsp2014

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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Canadian Financial Goal 2014

What Are Your Financial Goals For 2014?

Happy New Year! I wish you are having a safe and joyful holiday! Since we are at the start of the year, it is a good time to plan ahead your financial goals for 2014. Below are some tips you may want to focus your planning on. Keep Track of Your Cash Flow and Networth:…

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ID-100141990 [Stuart Miles]

Second Quarter 2013 Investment Updates

Investments Updates for Canadians After more than four years of trying to boost its economy through extremely low interest rates and other measures, the U.S. Federal Reserve declared a tentative victory in the second quarter of 2013. Cheered by strong jobs and housing data, Fed Governor Ben Bernanke suggested that it may begin to scale…

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