Life is filled with decisions, and each decision comes with its own set of risks. When making a decision it can be difficult to determine what risks you are comfortable taking. It becomes even harder when making decisions on topics you're not well informed on. When it comes to life, and specifically wealth management, how... Continue Reading →
Just under a year ago we wrote an article on the posted inflation rates. That article can be found here. Now that 2018 is in the rear-view mirror, we thought we would look at inflation with a new set of stats. Before we get ahead of ourselves, lets make sure everyone understand what inflation is.... Continue Reading →
Thousands of soon-to-be graduates are preparing to enter the "real world" as exam season nears at many Universities and Colleges. The end of a school year is always a stressful time; Finishing your academics strong, finding a job, all the graduation festivities, and emotions that go with it. Although finances often take a backseat, their... Continue Reading →
If any of your attention has been given to news recently, it's easy to see that uncertain times lay ahead. There have been some tough challenges for the average Canadian and Canadian's small businesses the past couple years, but will this continue into 2019 and beyond? Points of concern: The recent inversion of the yield... Continue Reading →
In this weeks blog post, we continue with our finance tips series. In previous weeks, we have already covered the millennial's, and the young parents. This week we move to the next step in the earnings life-cycle: Peak Earning Years. This stage in life usually comes between the ages of 40-55. At this age people... Continue Reading →
This article was originally published in Grainews. Grainews is an agricultural based publication written for farmers, and often by farmers, in a style they understand. Don and Erik work closely with author Andrew Allentuck, providing the background financial plans and theoretical analysis for Andrew's Farm Financial Planner column. The Farm Financial Planner column has recently... Continue Reading →
In January we talked about Finance Tips for the Millennial. In this week's post, we dive into the next financial life stage. There are 5 general financial life stages, that occur in the following order: Early Earning Years (20-30), Family Commitment Years (30-45), Peak Earning Years (40-55), Pre-Retirement Years (55-65), and Retirement (65+). Note: There are always exceptions to the rule. Around... Continue Reading →
With 2019 tax season right around the corner, we thought it might be beneficial to dust off the archives and take a second look at an often misunderstood concept. Last year we looked at Tax on Split Income or TOSI as it is commonly referred to. In July of 2017, the federal government released proposals... Continue Reading →
With all the ups and downs in the market and all the doom and gloom in the headlines, it is hard not to wonder if all the headlines are true. If some form of recession were to happen, it is best to be prepared. Before we get into how to prepare for a recession, we... Continue Reading →
