The positive momentum in capital markets continued through the first quarter of 2013, with U.S. and world stock markets posting double-digit returns and strongly outperforming bonds.
The MSCI World Index climbed 10.1% in Canadian dollar terms, led by robust results from the U.S. and Japan. In ... Views: 1378
Are you putting all your eggs into one basket?
Have you ever wondered why street vendors often sell unrelated products. For example,sunglasses and umbrellas? That may seem weird, doesn't it? After all, how often would a customer purchase both items at the same time? Street vendors understand ... Views: 1228
Last November, I did a RDSP workshop for families with special needs. During the presentation, I illustrated an example of how contributions toward the Registered Disability Savings Plan could bring in huge benefits from the government. Many attendees were astonished after we went through the ... Views: 1438
Financial Tips for 2013
Happy New Year, hope all of you just had a wonderful holiday! After a relaxing vocation to Hong Kong, I guess I better start planning for the year 2013. As I'm working through my own financial plan, I figure below are some ideas that might be useful to you.
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Should you get insurance for your child?
There are always great debates on whether you should get life insurance for your child when they are still young. I recently read a column from another advisor, where he is completely against this idea. As a result, this column received many critics such ... Views: 996
Build up your savings with RRSP
In nowadays, I'm not sure how reliable is one's retirement plan, if one is solely relying on the public pension plans. To encourage Canadians to plan and save for their own retirement, the federal government has introduced the Registered Retirement Savings Plan ... Views: 1664
After a promising start in the first quarter of 2012, capital markets became increasingly volatile in the second quarter, as Europe's debt crisis escalated once again and weaker global economic activity caused investors to take a more cautious tone.
In the Eurozone, Greece and Spain were ... Views: 1749
What should you consider for your group benefits plan?
As business owners, we all want our hard-earned money to be put into good usage. That's why when it comes to handling your group benefits plan, it is important you are dealing with a trusted independent specialist. An experienced ... Views: 1997
What is Canada Disability Savings Grants (CDSGs)?
Whenever I meet a family with disability, there's always the question: "What is the difference from putting our money into regular saving account verus into a RDSP?" The major advantage is that the Government of Canada will provide the Canada ... Views: 1201
People with disabilities and their loved ones face a distinct set of financial challenges throughout their lives. To help address these challenges, in 2008 the Government of Canada introduced the Registered Disability Savings Plan (RDSP). Designed to help build long-term financial security for ... Views: 1245