https://www.fool.com/the-ascent/small-business/articles/jeff-bezos-4-best-tips-for-entrepreneurs/
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"There is no such thing as a stupid tax question"
https://www.knowledgebureau.com/index.php/site/kbr/joint-borrowing-checklist-for-disaster-management
https://www.linkedin.com/pulse/chinas-dangerous-storm-coming-eight-big-challenges-facing-ray-dalio
https://www.canada.ca/en/services/taxes/child-and-family-benefits/top-up-canada-housing-benefit.html
The government is proposing a one-time payment to help low-income renters. If legislation passes as drafted, this benefit would be available to renters who:
- have an adjusted net income for 2021 of $35,000 or less for families, or $20,000 or less for individuals
- pay at least 30 per cent of their adjusted net income on rent for their own principal residence in Canada
https://www.moneysense.ca/spend/real-estate/mortgage-rules-buying-a-second-property-in-canada/
Pine needles , tea good for you , warning not if your pregnant
What’s so good about pine needle tea?
- Pine needle tea has a pleasant taste and smell (always a good start).
- It is rich in vitamin C (5 times the concentration of vitamin C found in lemons) and can bring relief to conditions such as heart disease, varicose veins, skin complaints and fatigue.
- Vitamin C is also an immune system booster which means that pine needle tea can help to fight illness and infections.
- Pine needle tea also contains high levels of Vitamin A, which is good for your eyesight, improves hair and skin regeneration and improves red blood cell production.
- It can be used as an expectorant for coughs and to help relieve chest congestion; it is also good for sore throats.
- It brings you clarity and mental clearness.
- It can help with depression, obesity, allergies and high blood pressure.
- Pine needles contain antioxidants. These reduce free radicals, which are harmful to humans and can cause disease.
- Taoist priests drank pine needle tea as they believed it made them live longer. There is researched evidence that pine needle tea can help to slow the ageing process.
- Pick some pine needles and let them soak in boiling water on your stove and it will add a crisp pine smell all over the house. Perfect for Christmas.
Good idea to take course from quailfying institution, must be over $100, pikcup the tax benefits and your professional development.
"Investing time and money into new Specialized Credentials or continuing professional develop is an important undertaking and you want to make the most of both. That’s why you’ll want to learn more about the tuition fee amount and the Canada Training Credit (CTC) as potential tax assistance when you take a course."
Looking forward to attending Charity Law Update this week
This brings me to a myth I hear all the time about insurance.
"It's too expensive."
No, it is not.
Here's what an insurance policy does for your clients:
1. It diversifies their wealth. This might be the only remaining free lunch out there.
2. It optimizes their wealth by reducing long-term taxes, as insurance policies are tax-exempt.
3. It shifts risk away from families at a low cost to someone willing to take on that risk.
4. It makes the estate planning process easier for your beneficiaries. Life insurance policies pay out expediently to the heirs, bypassing the estating process, which means less hassle and faster money.
These are all enormous benefits to our clients.
"If you present insurance positively and showcase its benefits, you will find clients will stop seeing insurance as a cost and treat it as an asset. It is well priced and has massive value for my family. "
Great map of life expectancy's around the world
https://www.visualcapitalist.com/cp/charted-breaking-down-global-life-expectancy-trends/
Some excellent resources from Dynamic, click on the links below for some great information ~ Tim
Re-envision your retirement.
It’s no secret that the road to building a comfortable retirement has become much more difficult over the last few decades. In today’s economic environment, retirees will have to adjust their retirement planning to meet a number of evolving challenges.
Dynamic's Retirement Income Centre is designed to provide a road map to retirement insights, investing strategies and new perspectives on helping retirees, and those on the cusp, create sustainable cash flow to meet today's retirement realities head on.
Learn more
https://dynamic.ca/en/insights/planning-and-strategies/retirement-centre.html
Some great links provided by CI Global Investments
Stick to Your Plan
Most stock market gains are achieved shortly after a bear
market
This chart shows how major indices performed from the bottom of the 08/09 Financial Crises, March 9, 2009, over the next 3+ years. You
can see once a bottom had been reached the market reacts swiftly and positively. It’s important to stick to the plan you and your advisor
have designed as leaving the market could cause you to miss out on large gains.
Missing out on large gains makes it very difficult to break-even and achieve the long-term return required to meet your financial goals.
https://ci-arena.ci.com/od/48cf0671
Downside Volatility is Normal
https://ci-arena.ci.com/od/956a449d
Historical Bull Markets Versus Bear Markets
75+ Years of the S&P 500 Index Expansions & Downturns
https://ci-arena.ci.com/od/2dae830d
Resist the Urge to Time the Market
The best and worst trading days happen close together:
https://ci-arena.ci.com/od/bb0dfeb6
The case for diversification
It is nearly impossible to predict what class will generate the highest returns in any given year. Investors benefit from
diversification and reduce their risk by allocating to a variety of asset classes. A strong financial plan will incorporate
investments into different asset classes that react differently to ensure investors reduce their overall risk.
https://ci-arena.ci.com/od/d3b35525
Trust in the plan you and your advisor created
Don’t let emotions take over: staying invested leads to better
performance
https://ci-arena.ci.com/od/fea210a9
https://www.advisor.ca/tax/tax-news/new-first-home-savings-account-everything-you-want-to-know/
The details are finally available!
The new saying FHSA
https://www.youtube.com/watch?v=N81IktPflsA
It says 1 min read, it’s more like an afternoon. Very interesting, some good perspective. If you are interested in amassing wealth and paying less taxes , you might find some ideas that will work and some that will not . Enjoy