SCHNEIDER INSURANCE UPDATE

Despite mixed earnings,  an ongoing pandemic and the threat of considerably higher taxes coming with Joe Biden’s administration, markets have continued to nudge higher over the past couple of months.  It would be normal, with signs of an overheated market to wonder, a) why things remain so buoyant and b) when we’ll see the next […]

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 […]

TIPS AND TRAPS OF CAPITAL LOSS PLANNING

The COVID-19 pandemic has resulted in an economic downturn, volatile markets, and financial challenges for many businesses. Year-end tax planning is always valued, but perhaps this year more than ever. Let’s examine various considerations around capital loss planning from atax perspective, including the general rules and issues around superficial losses, and discuss the impact of […]

SCHNEIDER INSURANCE UPDATE

With the exception of some volatility in the last few weeks, stock markets have remained amazingly resilient.  Given that corporate earnings in numerous sectors have collapsed, it would be easy to assume a significant market pullback would have similarly occurred.    That may come yet but the fact that we’ve had such relative resiliency since […]

DRIVEN TO DISTRACTION

Here’s how driving factors into insurance underwriting. Cassie Schneider Thanks to a clampdown on drunk driving, more use of seatbelts, and cars equipped with airbags and the technology to help avoid accidents, the number of deaths due to motor vehicle accidents has decreased over the past few decades. However, the risks of mortality and morbidity […]

SCHNEIDER INSURANCE UPDATE

The economic and coronavirus news remains grim, yet the markets have remained on largely an upward trend.   Why? Inflation is coming.    With the news last week that the U.S. economy shrank at a historically annualized rate of almost 33% in the April to June quarter along with news that the U.S. Federal weekly […]

USING A TAX-FREE SAVINGS ACCOUNT AS COLLATERAL

Cassie Schneider, Licenced Advisor Talk to us about whether it's wise or not to use your TFSA as collateral.Cassie Schneider Tax-Free Savings Accounts (TFSA) have become integral to the financial plans of many Canadians. During the 10-years since inception, the TFSA has proven to be a multi-purpose vehicle helping Canadians meet their long-term savings goals.When [...]