Debt

Debt weighing on both students, parents

Good grades aren’t the only thing on parents’ or students’ minds these days. According to a TD Canada survey, 21% of post-secondary students are finding it hard to make ends meet and survive, 36% believe getting through their financial difficulties will be a challenge and 41% of students are spending more money than they save. […]

By John Powell |August 24, 2010

2 min read

Planning and Advice

Retiring before your mortgage

What do you do when your client enters retirement with a mortgage or other debt? It happens all the time. In fact, the stats show us that 40% of Canadians are retiring with debt and some are even accruing debt in retirement. At this point it’s too late to avoid retiring with debt, so what […]

By Stephanie Holmes-Winton |August 11, 2010

6 min read

Industry

Briefly:

The energy sector may be one of the country’s key economic drivers, but a survey commissioned by Edward Jones finds that just 23% of Canadians would invest in oil stocks if they had spare money to invest. The survey did not ask respondents to explain their opinion, but did find that Quebec residents were the […]

By Staff |August 11, 2010

3 min read

Market Insights

P.M. market data for July 26, 2010

North American markets Back to Top Close Change YTD Dow Jones 10,525.43 +100.81 or +0.97% +0.93% S&P 500 1,115.01 +12.35 or +1.12% -0.01% NASDAQ 2,296.43 +26.96 or +1.19% +1.20% TSX 11,746.07 +31.86 or +0.27% 0.00% International markets Back to Top Close Change YTD Nikkei 9,503.66 +72.70 or +0.77% -9.89% Hang Seng 20,839.91 +24.58 or +0.12% […]

By Staff |July 26, 2010

1 min read

Advisors share their favourite mobile apps

BlackBerry buffs or iPhone fanatics, financial advisors are doggedly devoted to their smartphones. Although merely a means of communication, these devices turn into fix-all toolkits when appropriate applications are added to their functionality. Between the two, they share an army of applications that ostensibly take the legwork out of a plethora of day-to-day tasks. Advisor.ca […]

4 min read

Good debt versus bad debt

How do you approach your clients so they aren’t afraid of leveraging? Can you simply explain the concepts we are taught? Here are some of the ways I clarify the concept of good debt versus bad debt. As I work with my clients, whether they are business owners or employees, I always try to teach […]

4 min read

Claiming charity contributions

If your clients are generous givers and happened write a cheque or donate in cash or kind to their favourite cause or charity in 2009, make sure you remind them to save the receipts as you could help them reduce income taxes when you file their tax returns. Here are some strategies that make both […]

By Ann Galvin |January 1, 2010

3 min read