Let’s be completely real for a second: trying to save up for a down payment in today’s Canadian housing market can often feel a lot like trying to fill a large swimming pool with a leaky bucket.
Housing prices are undeniably steep, and ensuring every single dollar works efficiently for you counts. Enter the First Home Savings Account (FHSA). Since rolling out, financial experts have heavily praised it as a game-changer. But does it actually move the...
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Imagine the following scenario for a moment. You and your partner have opened a business and are feeling extremely confident about your current success.
Your primary competition across the street cannot keep up after one of their co-owners passes away, eventually closing down. Their entire customer base eventually comes your way, and business has never been better. This might be a positive scenario strictly as...
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The Pay Yourself Retirement Spending Plan
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One of the biggest adjustments in retirement is losing the regular paycheque you’ve had your whole working life. Suddenly, money isn’t flowing in like clockwork–and that can feel unsettling. But you can recreate that stability with the "Pay Yourself" rule of retirement spending. And no, it doesn’t require any complicated plan.
The idea is simple: set up an automatic deposit into your chequing account so it feels just like payday. With predictable income arriving each month, it becomes much easier to plan ahead and enjoy your retirement without constantly worrying...
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One can choose to go back toward safety or forward toward growth. Growth must be chosen again and again; fear must be overcome again and again.
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Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed or covered by the Canada Deposit Insurance Corporation (CDIC). For funds other than money market funds, unit values change frequently. For money market funds ,there can be no assurances that the fund will be able to maintain its net asset value per security at a constant amount or that the full amount of your investment in the fund will be returned to you. Past performance may not be repeated. The information in this email newsletter is general information only and is the opinion of the owners and writers. It is not intended to provide specific personalized advice including, without limitation, investment, financial, legal, accounting or tax advice. The information contained here may include estimates, projections and other "forward-looking statements." Actual events may differ substantially from those presented herein. We make no representation that future investment performance will conform to past performance and it should never be assumed that past performance foretells future performance. All information provided is believed to be accurate and reliable, however, we cannot guarantee its accuracy. Please consult an appropriate professional regarding your particular circumstances. Worldsource Financial Management Inc. will not be held liable for any inaccuracies in the information presented. Mutual Funds provided by the fund companies are offered through Worldsource Financial Management Inc. Insurance & segregated fund products are sold by Sherman Friesen personally and not through Worldsource Financial Management Inc.
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The Complete Wealth Management System
671G Market Hill, Vancouver, BC V5Z 4B5
Ph:(604) 839-2824
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