Passive investing refers to the method of buying and holding investments over the long term. In addition to minimizing costs due to frequent trading, the overall effort to manage the portfolio is low, thus the term ‘passive investing’. The most common form of passive investing is investing in the stock market indexes, or ‘index investing’.

In Canada, married couples have the opportunity to use income splitting strategies. The idea is to minimize taxes your family pays by moving income from one spouse (who is at a higher tax rate) to the other spouse (who is at a lower rate).These audit-friendly strategies can help you avoid paying unnecessary taxes!

Death. Not the most uplifting topic but one that should be considered in any financial plan. Whether it be due to inertia, or maybe not understanding the importance of having a Will, the majority of Canadians, don’t have one. Below I discuss some of the risks of not having a Will and how it can impact your loved ones:

An Advice-only Financial Planner has structured their business so that the only remuneration that they receive comes from their clients. They are hired by you, the client, to create a customized financial plan and to help coach you towards your life goals without the pressure of product sales. 

Whether you're single or spoken for, chances are you're fairly comfortable with your routine each year, your yearly love affair....with RRSPs. STOP! Think it oh-oh-ver....

A retirement projection can be the basis for your own "Choose Your Own Adventure" book.  Should I take some nice vacations with my kids now? Should I buy that sports car? Will I have enough when I am 65 to travel? The only way to really answer these questions is to take a look at your finances NOW and how they project out to the FUTURE.