The following commentary is courtesy of Cardinal Capital Management Inc., the sub-advisor for the VPI Canadian Equity Pool and the VPI Canadian Income Pool. The opinions, market outlook, and asset allocation strategies are those used in the design of the mutual funds they manage that we utilize in client portfolios. From reading our regular Newsletters,… Read more »
General News
Paying for tuition? Start saving now
From The Globe and Mail With four kids to put through postsecondary school over the next decade, Don Zadravec and his wife Mary Stambulic have spent a lot of time thinking about how to pay for it. Ever since their first child was born in 1995, followed by the second child two years later and… Read more »
Seniors can protect themselves against get-rich-quick fraud artists
The following post is courtesy Brian Kieran at www.betterthan50.com by Brian Kieran If a retirement investment looks too good to be legitimate, it probably isn’t. It’s as simple as that, but hundreds of Victoria area investors – mostly seniors who could ill afford to be wiped out – ignored this truism between 2007 and 2010 and… Read more »
A Monthly Rent Cheque
From the Canadian Investment Guide 2013 – Jade Hemeon The following commentary is courtesy of Dynamic Mutual Funds. The opinions, market outlook, and asset allocation strategies are those used in the design of the mutual funds they manage that we utilize in client portfolios. Oscar Belaiche, vice president and portfolio manager at Toronto-based GCIC Ltd., spent his… Read more »
The Value of a Financial Plan
The following is courtesy of the Financial Planning Standards Council. Financial Planning Standards Council’s (FPSC®) purpose is to instill confidence in the financial planning profession by establishing, enforcing and promoting appropriately high standards for financial planners in Canada. We are concerned that many Canadians are not receiving the financial planning help they need. We believe… Read more »
Retirement Income – You Need To Plan
From Kathryn Boothby – Postmedia News Whether a RRIF is opened at 60 or 71, the most important aspect is structuring a portfolio correctly prior to conversion, says Robin Muir, a certified financial planner and managing partner of Hatch & Muir LLP in Victoria. After years spent paying into a registered retirement savings plan (RRSP),… Read more »
Severance, Early Retirement, Voluntary Departure – What Next?
In today’s economic environment, severance and early retirement programs are becoming commonplace. Whether you are employed in either the private or public sector, it seems that no one is safe from downsizing, or becoming “redundant,” as companies and provincial governments struggle to meet the demands for profitability and budget constraints. If you are offered a… Read more »
Protect Your Family – Not Your Lender
Mortgage Insurance Protect your home and your family – not the lender Most lending institutions offer you insurance when you apply for a mortgage, personal loan, or line of credit. This type of insurance is most commonly known as “mortgage insurance.” Mortgage insurance is actually group term insurance that is used to pay off a… Read more »