2020 has been a year of wild volatility. The market is up on recent news of COVID-19 vaccines, but we remain cautious for 2021 as many risks still pose a threat to the markets. Global economies are tight-rope walking to recovery and industry earnings growth is still minuscule for many. While it...
Read PostAnnual Investment Audit 2020
Our annual investment audit 2020 is here! Investing in 2020 was about being resilient, resisting the urge to sell, looking for opportunities, and rebalancing after things have calmed down. We believe that 2021 will be about going global as sectors and markets affected by lockdowns start to...
Read PostRetirement Mistake No.27: Failing to Maximize Your RRIF
What happens when you turn 71? You must collapse your RSP into an approved retirement income option by the end of the calendar year when you turn 71. It’s important to remember that if you do not take action, the financial institution that holds your RSP will be required to collapse it for you...
Read PostRetirement Mistake No.30: Not Cutting Seniors’ Tax with Prescribed Annuities
If you’re more than 65 years of age and looking for a low-risk way to reduce taxes on retirement income while boosting your monthly cash flow, you might want to consider prescribed annuities. The word “annuity” can scare off a lot of people because in the past most annuities died with the...
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