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wisdom (3)

Your largest expense

Peak Disclosure - Click Here Please

One of my esteemed thought leaders that I know posted this early this morning. 

"understand that taxes will be the largest expense during your lifetime
understand the tax code and rules
and get a good tax planner, not a tax preparer (Know the difference)
tax planning is part of financial planning"

It's so true, it's one of the reasons we run a family office, it gives us the full picture of a clients financial life, plus important insights in other aspects of their life as well. We are able to make sure all the pieces of the puzzles fit and a big part of this is to maximize the tax efficency's that my be possible, everyone's sitution is different. 

For many, taxes are number one, even those with modest incomes will find that they are paying a lot out in various taxes, even if there personal federal and provincial taxes is nil or minimal.

 

Taxes are part of our Mission, Vision and Core Values , incase anyone ever wonder ,  we get it 

 

Will expand on this topic in the future. 

Tim

Mission - Vision – Core Values

“Serving our clients and community since 1988”

OMEGA STEWARDSHIP

* One Stop Process Driven Approach for Retirement & Income Planning

* Personalized Tax Management Solutions for Individuals & Business Owners

* Confidential Wealth Management Solutions

www.BrockShoresFinancial.ca www.TimothyRoss.com #ImprovingFutures www.ImprovingFutures.ca


Helping Families Achieve ... Life's Major Goals

1. Tax Smart Planning & Investing

2. Worry Free Retirement

3. Education of Our Children & Grandchildren

4. Quality Care for Our Parents

5. Meaningful Financial Help for Our Loved Ones

6. Meaningful Legacy

 

 

 

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Benefits of the Library

Peak Disclosure - Plese click here

 

https://www.treehugger.com/cleaning-organizing/tsundoku-practice-buying-more-books-you-can-read.html

 

 

The Japanese word describes piling up books to save for later ... even if you'll never actually read them.

"Even when reading is impossible, the presence of books acquired produces such an ecstasy that the buying of more books than one can read is nothing less than the soul reaching towards infinity."

.....

 

I started my library in a serious way back in 1993 after I met Jim Rohn. I have read most of the books in my library’s , and now I have a word for those that are waiting and willing to share their pages with me. TLR

3651436470?profile=RESIZE_710xAre you one of us? A master of tsundoku? Mine takes the shape of the aspirational stack by my bedside table – because I am going to read every night before bed, of course, and upon waking on the weekends. Hahaha. My tsundoku also takes shape in cookbooks ... even though I rarely cook from recipes. And I think I most fervently practice tsundoku when I buy three or four novels to pile in my suitcase for a five-day vacation. Sometimes not even one sees its spine cracked.

 

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My traveling bag of books currently on the go, including a couple rereads for the journey ahead. 

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Starting Right Financial Advice

Basics We All Can Achieve

 

https://finance.yahoo.com/news/ray-dalio-3-financial-recommendations-millennials-153540994.html?soc_src=community&soc_trk=ma

 

Ray Dalio has some great tips on what one should do, the title says Millennials, however this is a message many should aspire to. 

So no matter where you are in life, reset, restart, contact our team and get a review and clarity for your financial plans. Let’s put some action into #ImprovingFutures 

Enjoy

Timothy Ross

Founder, Brock Shores Financial

advisor@timothyross.com

613-345-0016

 

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