February 2021 Book a Meeting
 
 
Planning Ahead During Uncertain Times

As some provinces head into a second COVID-19 lock down, some people are asking the question: Why bother investing for the long term? For many, especially Millennials, the task of building financial wealth and security looks increasingly hopeless.

Even the most prudent small business owners were caught short during the lock down in the spring and many are now facing the prospect of permanently closing their companies.

There is an old saying: "Tough times never last, tough people do". When dealing with ...

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Why You Should Choose a Financial Advisor

There are common misconceptions about the value of working with a financial advisor. Some believe you have to be rich to be worthy of financial advice. Others take a DIY approach, believing that online resources will guide their needs. Some people feel that they are too young, too old, or too much in debt to benefit from working with a financial advisor.

However, the truth is that financial advisors are not just for the rich, and they can play an essential role at any stage of your financial journey. Research supports the idea that a financial advisor can be an invaluable resource, a guide who will work with you and for you to achieve your financial goals.

For most people, the resolve for a healthier financial future isn’t...



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Planning to Protect Your Legacy

Your estate is everything you own today - your home, savings, investments, life insurance and personal possessions. So, no matter where you may be on your financial journey, you have an estate that needs protecting. But how you approach this plan is important.

Julie decided to save money by purchasing a "legal will kit" online. However, when she opened the kit, she learned that while it didn’t break any laws, there was no guarantee that it would be considered valid. In the end, Julia turned to a lawyer to draw up a valid will to feel confident that her estate would pass to her heirs with as little hassle as possible.

As part of their estate planning, Peter and Mary chose joint bank accounts, term...



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Don’t let the fear of losing be greater than the excitement of winning.
Robert Kiyosaki
 
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Mutual fund securities are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer. There can be no assurances that the fund will be able to maintain its net asset value per security at a constant amount or that the full amount on your investment in the fund will be returned to you. Past performance may not be repeated. Global Maxfin Investments Inc. (GMII) is registered as a Mutual Fund Dealer with the Provincial Securities Commissions and as such our Financial Advisors are entitled to sell mutual funds and other approved securities as permitted under our registration. They may also be able to provide other services or products to you through their own business. As a member of the Mutual Fund Dealers Association of Canada ("MFDA"), GMII is obligated to disclose to you that you may be dealing with companies other than GMII when purchasing services or products from your Financial Advisor (remuneration to your Financial Advisor may also come from various sources depending on the services or products purchased). For example, your Financial Advisor may offer any one or more of the following through a separate business, which would not be the responsibility of GMII: Deposit Instruments: GICs, Canada Savings Bonds; Fee for Service Financial Planning; Estate Planning; Tax Planning or Income Tax Preparation; Insurance: Life, Accident, Sickness, Disability, General. Please be sure that you have a clear understanding of which company you are dealing with for each of your services and products. Your Financial Advisor would be happy to provide any clarification you require. This publication contains opinions of the writer and may not reflect opinions of GMII. The information contained herein was obtained from sources believed to reliable, but no representation, or warranty, express or implied, is made by the writer or GMII or any other person as to its accuracy, completeness or correctness. This publication is not an offer to sell or a solicitation of an offer to buy any of the securities. The securities discussed in this publication may not be eligible for sale in some jurisdictions. If you are not a Canadian resident, this report should not have been delivered to you. This publication is not meant to provide legal or account advice. As each situation is different you should consult your own professional advisors for advice based on your specific circumstances.
 
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Ph: (416) 953-5174