May 2019 Book a Meeting
 
 
Looking at Investment Returns

A major Canadian financial institution ran an investment promotion earlier this year that promised attractive returns for GIC-type investors, who needed higher returns to generate income.

While dealing with an advisor from this particular institution on another matter, the conversation turned to the details of their offer.

The highlighted promotion offered a much higher monthly income than a normal payout GIC. The advisor confirmed that the product was a...

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Be Prepared for Emergencies & Opportunities

Randy worked for a small business. When the owner died suddenly, the business accounts were frozen and it took several weeks before they could be accessed to meet payroll. Randy had trouble meeting his financial obligations and had to find a new job.

Jane worked at a small company for many years. When the owner decided to retire, she offered to sell the business to Jane. As she didn’t have the funds available, the business was sold to someone else. The new owner let Jane go shortly after taking over.

Joe and Gayle had been renting a house for several years. When the owners decided to sell, they offered it to Joe and Gayle first. Because they didn’t have enough for a down payment, they couldn’t afford to...



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Will I Need Long Term Care?

Many mistakenly believe that if they need Long Term Care, either in their home or in a facility, the cost will be covered by provincial health care or other government agencies.

While certain programs are available, a large portion of these costs become the responsibility of the patient or their family.

John and Ellen, in their early sixties, retired. They were looking forward to traveling and visiting with their grandchildren.

Within a few months, Ellen’s parents were no longer able to look after themselves and asked John and Ellen for help. They extensively renovated...



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The information provided is general in nature and is provided with the understanding that it may not be relied upon as, nor considered to be, the rendering of tax, legal, accounting, or professional advice. Readers should consult their own subject matter experts for advice on the specific circumstances before taking any action. The opinions expressed are those of the owners and writers only. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Please read the prospectus of the mutual funds in which you invest. Mutual Funds and Segregated Funds provided by the Fund Companies are offered through Worldsource Financial Management Inc., Other Products and Services are offered through Fiducia Wealth Management.
 
Fiducia Wealth Management
201 – 5705 Cancross Court - Mississauga, ON L5R 3E9
Ph: (905) 361-2030