The Hidden Role of Luck in Building Wealth
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When it comes to money and investing, a lot of people fall into the same trap: chasing what’s "hot” right now. If a certain stock, sector, or trend is making headlines, many will jump in–hoping they’ve found a "sure thing.”
The funny thing is, that’s the exact opposite of how real planning works. Whether it’s a financial strategy, goal setting, or life in general, lasting results come from acting before the proof is obvious.
Think about New Year’s resolutions. When you commit to exercising three times a week or finding a new job, you’re betting on something you want, not something you already see. At first, there’s no evidence it...
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Smart Tax Tips for Small Business Owners
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Running a small business is exciting and rewarding–but it also comes with plenty of challenges. Between managing cash flow, building your client base, and keeping customers happy, taxes can easily slip down the priority list. With some planning, though, tax season can be less stressful and even work to your advantage.
Keep Records Year-Round
The number one rule for stress-free tax filing? Stay organized all year long. Keep receipts, invoices, and statements in one place–whether that’s a file folder or a cloud-based accounting system. Regular bookkeeping not only saves hours at tax time but also gives you a clear view of your business performance.
As year-end approaches, run a quick estimate of your income and expenses. If you’ll owe taxes, set aside funds now to avoid a last-minute scramble. If a refund is coming, filing...
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When Retirement Savings Meet Healthcare Realities
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Ted and Martha had always planned well for retirement–about $600,000 in their RRIFs, which gave them nearly $4,000 a month before taxes. Everything seemed secure–until Ted began experiencing cognitive impairment.
For a year or so, Martha managed to care for Ted at home. But eventually she had to make a heart-breaking decision: move him into an extended care facility.
Today, depending on your province and whether you’re using publicly subsidized or private care, costs can vary dramatically. For example:
In British Columbia, the maximum monthly rate for long-term care services (publicly subsidized) is $4,073.40 in 2025, while the minimum is about $1,466.20.
Across Canada, private long-term care can cost anywhere from $6,000 to $15,000 per month...
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Not having the best situation, but seeing the best in your situation is the key to happiness.
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Marie Forleo
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This material was prepared by AdvisorNet on behalf your Investment Advisor with Aligned Capital Partners Inc. (“ACPI”). This material is provided solely for general information and should not be considered individual investment advice or construed as an offer or solicitation to buy or sell securities. The information contained herein may not apply to all types of investors. Before acting on this material, please seek professional advice, as appropriate, based on your personal circumstances. All opinions expressed and information provided herein are subject to change without notice. Although this material has been compiled from sources believed to be reliable as at the date of publication, we cannot guarantee its accuracy or completeness. All charts and illustrations in this document are for illustrative purposes only and they are not intended to predict or project investment results. In considering any particular investment, please remember that past performance is no guarantee of future performance. ACPI is a full-service investment dealer and a member of the Canadian Investor Protection Fund (“CIPF”) and the Canadian Investment Regulatory Organization (“CIRO”). Investment services are provided through Shafik Hirani’s Private Wealth Management Practice an approved trade name of ACPI. Only investment-related products and services are offered through Shafik Hirani’s Private Wealth Management Practice of ACPI and covered by the CIPF.
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Shafik Hirani's Private Wealth Management Practice
#601 - 110 9th Ave SW, Calgary, AB
T2P 0T1
Ph: (587) 349-2274
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