Financial thoughts, tips and tricks for you to consider.
As a Wealth Strategist the number one question I get from people approaching retirement is, “How much do I need to retire?” And far too often we are not having the “What’s my number?” discussion early enough in the financial planning process. Real Estate has...
If you have ever thought that life insurance was something you wouldn't need after you reached a certain level of financial security, you might be interested in knowing why many wealthy individuals still carry large amounts of insurance. While life insurance is most...
When I ask clients if they can handle risk, they usually say yes. Well let’s test that hypothesis then shall we. In 2008 did you get into the market or out of the market? How about 2020? If you got out of the market, then you can’t handle risk. If you invested more,...
Most of us assume that once our children are grown and we enter the retirement phase of our life we no longer need life insurance. This is one of the reasons term insurance is often recommended. However, in reality the exact opposite is true. Life insurance can and...
As a wealth strategist I work with individuals and families to improve cash flow and build significantly greater long term wealth. The problem is I have been overly focused on one strategy in particular. Real Estate. Real estate funds, rental properties, rent to...
There is a saying when it comes to investments, don’t fall in love with them. Just because a particular stock has done right by you in the past, does not necessarily mean it should be a permanent relationship. However, when it comes to the infinite banking concept …...
If you could design the perfect investment, what characteristics would it entail? Safe, maybe even guaranteed A Great Rate of Return is a must It would be great if you could use it as collateral and borrow against it. Being able to take money out when needed or put...
I believe there are core financial planning beliefs that benefit financial instutions and not Canadians. Which is why my wealth planning process is significantly different then most. To get a taste of how you may be on the wrong track, consider listening to this...
Is your term insurance bad? As an advocate of wealth insurance and infinite banking policies, I am often asked, “Is term insurance bad?”. There is nothing inherently wrong with term insurance. Its a cost-effective way to get people coverage and peace of mind. ...
