If someone suffers a cognitive decline and loses their ability to manage their financial affairs, it’s a common misconception that a loved one can automatically step in and take over. That’s only the case when the person in need has made a power of attorney for property…
Read MoreCongratulations to Senior Financial Planning Advisor Jamie Geisler, CFP® at Spire Advisors of Assante Capital Management Ltd. who has been recognized as one of the best-in-province advisors in the Globe and Mail (#53 in Ontario). "I am very humbled and honoured to share this recognition with so many of my Assante friends and colleagues. A big thank you to everyone on our team as it is very much a team effort." – Jamie Geisler, CFP®
Read MoreWhen you buy a share of a company, you are effectively paying for the assets and the future earnings of the company… Generally, the investors (mainly professional money managers) that participate have done some homework to assess the value, however speculators also play a role…
Read MoreEach year, you’re required to make a minimum Registered Retirement Income Fund (RRIF) withdrawal, calculated as a percentage of your RRIF assets. The percentage is based on your age, and it increases each year. Every withdrawal is taxed as regular income, but several strategies can help reduce the impact of the tax liability…
Read MoreFinancial literacy month—November, in Canada— is just around the corner. We have reason to be proud: Canadian youth rank among the top in the world for financial literacy. Every three years, the Programme for International Student Assessment (PISA) conducts a survey among 15-year-old students in 20 countries. In the most recent results, Canada tied for second place…
Read More“Often, it’s wise to trust our emotions, but something strange happens when it comes to investing. When markets soar, our emotions try to sway us to buy high, and when markets fall, our emotional response is to want to sell—the opposite of the “buy low, sell high” investment ideal…”
Read More“When you think of how time helps you achieve investment objectives, the first thing that comes to mind may be compound growth. You make an investment, reinvest your returns year after year, and continue to earn returns on both your original contribution and all of the accumulated returns. Given enough time, the value of the growth can exceed that of your original investment…
Read More“Markets have been volatile and recently bottomed amid bearish sentiments. The S&P 500 Index fell to 3667 on June 16th and subsequently rallied back to 4130 at the end of July. So, what happened between June 16th and July 31st to drive such a significant shift?…”
Read More“When it’s time to withdraw funds from a Registered Education Savings Plan (RESP), tax planning may be involved. It’s all because an RESP is composed of two pools of money, one taxable and one non-taxable – and you choose the pool for each withdrawal…”
Read More“When the markets are choppy, it’s easy to get distracted by each new wave of information. But rather than getting caught up in the storm we should be looking to the horizon for what’s coming next...”
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