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 […]

SCHNEIDER INSURANCE UPDATE

Resilience has been the best term we can apply to markets as of late. Despite concerns over rising inflation and interest rates, supply chain issues, a Chinese property market collapse and a new energy crisis, markets have been able to pull back from a September slow down and are now once again at or very […]

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 [...]

SCHNEIDER INSURANCE UPDATE

Markets have moved higher for yet another quarter.  Encouragingly, large-scale volatility has been mostly absent as record GDP growth in the U.S. has now exceeded pre-pandemic levels.   While bond portfolios may not have been stand-out performers, they continue to provide portfolio stability. This has been encouraging given that we are overdue for both a […]

AN IDEAL RETIREMENT MEANS DOING WHAT YOU LOVE

I’ve had a few clients ask about retirement lately.   Not theirs, but mine.   It got me to thinking. Perhaps other clients were wondering if or when I was going to retire?   So, I thought I’d address the issue head-on, along with our approach and plans here at Schneider Insurance.   Our success […]

SCHNEIDER INSURANCE UPDATE

Despite some recent volatility, stocks have continued to move higher over the past few months. We’ve seen record gains as corporate earnings in the U.S. have recently surprised almost all analysts. On the S&P 500, a standout 87% of corporate earnings beat expectations.  That goes a long way to justify historically very expensive price-earnings multiples. […]