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Law of Large Numbers
Over the next several years, governments in advanced countries will likely continue to struggle with mounting debt burdens and the associated rising costs of servicing that debt. It is also noteworthy to remember that total government debt continues to increase every year because of deficit spending.
So how does the Law of Large Numbers apply here? Simply put, at some point the whole debt situation could defy the ability of a government to control a national economy and the response to ever increasing...
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Maximize Your RRSP Return Through Asset Location
Do you know the real rate of return on your investments? Generally, Canadians measure the success of their investments based only on the rate of return. While it provides a good snapshot of whether an investment is doing well or not, it is not the only criterion for a true picture of success. A good portfolio is based not only on the return, but also by the tax implications of the investments.
Investors can optimize their real rate of return by utilizing effective asset location strategies to reduce tax exposure...
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Too Much Life at the End of the Money
You have probably heard the phrase; too much month left at the end of the money. Paying for housing, groceries, fuel, utilities and various child rearing expenses, although very necessary, can put a huge strain on a family when outlays sometimes exceed your income.
Fortunately, this is usually only a temporary hiccup in most people’s lives.
However, people aged 40-50 years are beginning to face new financial issues concerning not only their immediate family but also their parents. Yes, parents. Increasing life spans are forcing many Canadians...
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There is only one corner of the universe you can be certain of improving, and that’s your own self.
Aldous Huxley
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| 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. 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. |
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ClearDay Financial
5371 McColl Crescent - Richmond, BC V6V 2L6
Ph: (604) 619-6642
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