3 Reasons Why You Should Hire A Fee-For-Service Financial Planner

3 Reasons Why You Should Hire A Fee-For-Service Financial Planner

There are only an estimated 300 Fee-for-Service Financial Planners in Canada, compared to over 100,000 other financial advisors - the majority working for financial institutions that sell commissioned products.  Even the best of these will be confined to their company's objectives. A Fee-for-Service Financial Planner is hired by you, the client, to create a Financial Plan and to help coach you towards your life goals without the pressure of product sales. 

Buying Individual Stocks: The Sucker at the Poker Table

Buying Individual Stocks: The Sucker at the Poker Table

In the film Rounders, Matt Damon’s character, Mike McDermott, is quoted: “Listen, here’s the thing. If you can’t spot the sucker in the first half hour at the table, then you ARE the sucker.”   If you're an amateur do-it-yourself investor buying stocks on your own, consider yourself the sucker. Read about why you should just walk away from the table instead of trying your luck against the professionals. 

5 Keys to Getting FIRE'd

5 Keys to Getting FIRE'd

The phrase "Financial Independence" has been gaining popularity as it does not carry the same baggage as the word "Retirement". Financial Independence gives you the freedom to choose how your time is spent (paid or not) and for some, can be reached in their 30s and 40s. Review these 5 factors to achieving FIRE.

Post-Secondary Study: Home or Away?

Post-Secondary Study: Home or Away?

Being a father of three young children, the topic of education costs particularly resonates with me as I start considering where we'll be financially in about 10 short years (gulp!).  Many clients list "sending their kids to university/college" as an important financial goal and make it a priority to save for this milestone event. This post crunches the numbers on a few 'home or away' scenarios for my kids 10 years from now.