Financial Wisdom

April 2021

New Office Address!

Hello everyone!

After 19 years in downtown Hamilton, our office has now moved to rural Dundas ( West Flamborough ).

Our phone numbers and email addresses will remain the same, but our address for Mail delivery has now become:

Claymore Financial Group Inc.
50 Coreslab Drive
Dundas, ON
L9H 0B2


Gerry Connell

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Time-Tested Money Management Strategies

As we grow up, what we learn about money from our parents can significantly influence how we earn, save, and grow our wealth. Meaghan, an elementary school teacher, credits her mother for her healthy approach to finances today. "I was lucky to grow up understanding that I could control my financial future if I was smart about it."

There’s a lot to be learned from a generation that knew how to manage their finances and feel optimistic about the future. Consider these time-tested principles that you can use to enhance your relationship with money.

Live Within Your Means

Living within your means starts with...

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Preparing for Retirement? Learn How RRIFs Work

If you’ve been contributing to a pension or Registered Retirement Savings Plan (RRSP) and retirement or your 71st birthday is around the corner, you’re required to convert that nest egg into a Registered Retirement Income Fund (RRIF). This benefits you because an RRIF allows you to withdraw savings as income while still letting you grow your investments and minimize taxes.

The primary difference between an RRSP and an RRIF is that RRSPs are designed to accumulate savings throughout your lifetime, while RRIFs provide you with income during your retirement years. Like RRSPs...

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Two roads diverged in a wood and I took the one less traveled by, and that made all the difference.

Robert Frost

Commissions, trailing commissions, management fees and expenses all may be associated with segregated fund investments. Segregated funds are not guaranteed, their values change frequently and past performance may not be repeated. Please read the prospectus of the segregated funds in which you invest. The information in this email newsletter is general information only and is not intended to constitute specific legal, accounting, financial or tax advice for any individual.

Claymore Financial Group
50 Coreslab Drive, Dundas, ON L9H 0B2
Ph: (905) 522-5901