FIRST-TIME HOME BUYERS OPTIONS

Home prices are finally starting to come down throughout BC, largely due to interest rate rises. And assuming we see another couple of years of rate rises, we should see prices recede accordingly to a level that is hopefully sane once again.  That means that for younger couples without a home today, starting now to […]

PAY YOURSELF FIRST

Do you want to know the secret to both financial success and a happy marriage along the way?   The first key is to make sure you're paying yourself first. This can be a real problem for people that are either not employed on a regular basis or are self-employed with a volatile income.  But the [...]

CORPORATE OWNED LIFE INSURANCE — PROBATE TAX ISSUES?

The tax rules governing the valuation of corporate-owned life insurance, for purposesof determining the fair market value (FMV) of private company shares on a shareholder’s death1, are well established. Subsection 70(5.3) of the Income Tax Act (the Act) provides that in valuing the shares ofthe corporation, the FMV of any corporate-owned life insurance on the […]

A YOUNGER PERSON’S GUIDE TO RRSPs

By Cass Schneider A YOUNGER PERSON’S GUIDE TO RRSPs  Authors note:  This is Part 1 of a series on basic money management for younger people.    People my age often put off saving until they are making more money, out of debt or more confident in their job prospects.  As a result, they often don't [...]

APPLE iWATCH TO THE RESCUE

We've been talking about the benefits of proactive medicine for some time.  Most recently in regards to the Apple iWatch and how it fits into a strategic approach for keeping you healthy. Little did we know when I  published my last article a couple of months back that the Apple iWatch would come into play [...]

THOUGHTS on “THE PSYCHOLOGY OF MONEY”

We’re regularly working towards improving our education so that we can help you. One of the things we did (well Mark and I did) this Christmas holiday was to review The Psychology of Money. It’s a book detailing timeless lessons on wealth, greed, and happiness, written by Wall Street Journal columnist Morgan Housel. The book […]

THOUGHTS on “THE PSYCHOLOGY OF MONEY”

We’re regularly working towards improving our education so that we can help you. One of the things we did (well Mark and I did) this Christmas holiday was to review The Psychology of Money. It’s a book detailing timeless lessons on wealth, greed, and happiness, written by Wall Street Journal columnist Morgan Housel. The book […]