With tax season heating up, many of us will either have just completed our personal tax returns or will be finalizing them in the weeks ahead. For those who are self-employed, the deadline is still a little ways away - so don’t panic yet. Since the RRSP season is long past now, there are not many ways that one can reduce their bills with CRA this year.
“Tonight, this chamber speaks with one voice to the people we represent: It is you, our citizens, who make the state of our union strong.
Recently, the article “Seven questions bad advisors don’t want you to ask”, by Kira Vermond, was pointed out to me and it got me thinking... I wonder if any of my clients are thinking about any of things? So, rather than having readers asking these questions and wondering them about us, I thought it would be a great to provide a proactive response.
The decision to buy a house and take on a mortgage is one of life’s milestone moments and it often symbolizes the big step of “getting there” for most families.
Over the last decade, global markets have been thrown into chaotic, disruptive, but beneficial upheaval as the new giants of the world grew up. In this I am referring to what were coined the BRIC economies by Goldman Sachs: Brazil, Russia, India and China.
The thought of purchasing life insurance for your children is often a difficult one for families, which is completely understandable. As a parent myself, I don’t like the thought of it at all. Though this may not sound like a typical wealth preservation strategy, it can prove to be a valuable one if the unthinkable were to happen.
“Job gains, along with the strengthening housing market, have in turn contributed to increases in consumer confidence and supported household spending.”
Ben Bernanke, June 19th, 2013.
The 2013 federal budget was delivered by Finance Minister Jim Flaherty just over two weeks ago. Usually we like to get something out that summarizes the budget very quickly, but in this case there were some directives in the budget that we required some clarification on before posting our thoughts.
… Bungee Jumping Anyone?
Based on a number of conversations I’ve had recently, there appears to be a disconnect between the prevailing thoughts on recent market performance and the reality of what has been happening. If I told you that, as of October 3rd, US Markets (using the S&P 500 as an example) have outperformed the TSX in Canada by 12.38% year-to-date, would you believe me?