C
blog search

Blog

SELF-PUBLISHED

The three mistakes investors make in volatile times

https://vimeo.com/504926526 We are in a time of volatility. When markers go up and down, investors make three common mistakes. Castlemark Wealth’s Robyn K. Thompson offers tips on three most common investment pitfalls: Watch the video to find out more about: Panic...

SELF-PUBLISHED

Remake personal finances in 2021

Tips on money management, investing, taxes The New Year is the natural time to turn a new leaf with finances. However, best intentions are typically forgotten within a few weeks. A better idea is to take stock of your entire financial situation, review what’s...

SELF-PUBLISHED

A vaccine against personal financial chaos

Key financial planning principles and resolutions for the New Year This year will go down in the books as one of the strangest, and perhaps most stressful, on record. The Covid-19 pandemic and resulting disruptions to our normal lives has been challenging for all...

SELF-PUBLISHED

Important RRSP information if you are turning 71

What you must do before Dec. 31 Registered Retirement Savings Plans do not last indefinitely. In fact, they must be closed down by the end of the year in which you turn 71. So if you are in that age group this year, you have until Dec. 31 to convert your RRSP into...

SELF-PUBLISHED

Elements of investing

First steps to financial literacy With the Covid-19 pandemic more people are spending more time at home. This has also led many people to try a little do-it-yourself investing. After, all opening an investment account is relatively easy, and almost every financial...

SELF-PUBLISHED

Elements of financial planning

First steps to financial literacy This is a challenging time for building your wealth and saving for retirement. A newly released survey by FP Canada found that Canadians between age 45 and 54 are struggling the most during the Covid-19 pandemic. Over a third in...

SELF-PUBLISHED

Dealing with the season of volatility

Portfolio management tips for troubled times October is a typically volatile month for markets, and this year has been no exception. The main North American stock indexes were down for the month across the board. So were crude oil and gold. We heard media talking...

SELF-PUBLISHED

Power up your RRSP planning now!

Make the most of this wealth-creation tool all year Many investors only think about their Registered Retirement Savings Plan (RRSP) in February. But that’s really just a conditioned reflex, spurred on by financial institutions to get you to give them money in the...

SELF-PUBLISHED

Three investing blunders to avoid

Vulnerable in the season of volatility The fall season of volatility is here again. This year, however, stock markets may be susceptible to even more gyrations than usual, given the vagaries of the Covid-19 pandemic and its effect on economic growth, the U.S....

SELF-PUBLISHED

Time for a financial wellness checkup?

Four trouble areas, and how a planner can help The Covid-19 pandemic and lockdowns have created plenty of financial stress for individuals and families. Temporary or even permanent income loss has been only partially mitigated by relief programs, such as the Canada...

SELF-PUBLISHED

Rules for RESP withdrawals

What if your child decides not to go the post-secondary route? If you’re tapping into Registered Educations Savings Plans this fall to pay for your kids’ post-secondary schooling, keep in in mind that there are plenty of rules about how RESPs are administered. And...