Articles

People often lack the ability to make a decision and that can hurt their financial success. Most of us are procrastinators. Even when we know what must be done, we delay doing it. Why this happens is a mystery. Or maybe we should just admit it is human nature. Success is made up of two … Procrastination can hurt investors’ financial success

Financial advisors and their clients are on a collision course. The priorities of the two groups are too often diametrically opposed.  A perfect business relationship occurs when the goals of both participants are aligned. Goal congruence is a lovely thing. Both sides going in the same direction. These relationships are built to last.  The basis … Conflict of interest for investment advisors and their clients

The ugly side of politics was on full display last week in the form of the federal budget. Canadians were not sure if it was a financial document or a sales pitch for the anticipated federal election anticipated this October. The lightning rod of this budget was the anticipated increase in the annual contribution to the … Federal budget a political sales pitch

Living longer changes the dynamics of financial planning. Old age can be very expensive. Everyone is different and there is no way to predict the future. That is the challenge of planning for later years. Challenging to predict your future lifestyle includes where you will live. And challenging to estimate the cost of growing old. … Living in your later years can be expensive – plan ahead

One of your best ways to save is about to get better. This will be of significance to many Canadians. The federal government has hinted they will double the annual Tax-Free Savings Account (TFSA) contribution limit from $5,500 to $11,000. This was a prior promise of the federal government and was dependent on it being … Tax-Free Savings Account’s increased contribution limits good for Canadians

Investing complexity can be managed with a simple investing strategy. The investing strategy starts with you; more specifically it starts with your age. Age guides you through all aspects of life and it is no different from how you manage your money. A starting point is to divide your life into three equal parts. We … Age can guide decisions on investment