Posted by Timothy Ross on October 24, 2021 at 6:53am
Washing Money, Money Laundering is a serious problem around the world. I have been taking courses on this annually on this as part of my investment license requirements. This has the background for an interesting article some day. In the meantime will clip a few articles out there for research.
Posted by Timothy Ross on October 23, 2021 at 6:29am
I don’t know, There is the transfer of trade component of Bitcoin type assets, , here is a gold person opinion, gold is not the only real asset, you need real assets that create jobs, profits, that is how you protect against and work with inflation, that’s a good thought, you work with inflation, own the bakery vs own the bread, and you should as long as you remain a profitable bakery Bible to buy more bread….. “You buy bitcoin because you think the price is going to go up. And who do you sell bitcoin to? Somebody who thinks the price is going to go up even more. But if people stop believing that the price is going to go up … who do you sell to?”
Posted by Timothy Ross on October 21, 2021 at 4:29pm
RSP/LIRA account holders who will turn 71 years old before December 31, 2021
In accordance with the requirements of the Income Tax Act (ITA) requirements, all RRSP and LIRA accounts must be transferred to a Registered Retirement Income Fund (RRIF) or a Life Income Fund (LIF), by December 31 of the year during which the client turns 71.
Posted by Timothy Ross on October 14, 2021 at 10:44am
Reflecting a bit, the other thing that bugs me, lol, really, lol , this woke agenda of being afraid to write or wish someone a Merry Christmas. I recommend that if you are going to take the day off, or buy a Christmas present, you should respect at least the name of the season. My recommendation is the following .... “ Wishing You a Merry Christmas , a Happy New Year and All The Best This Holiday Season ! “
Wrap that with a bow and it will be more uplifting and encouraging message of appreciation than Happy Holidays which is kind-a blah if you think about, assuming we/you are wishing to express a solid Christmas cheer, inline with the spirit of the season, and let us never forget the reason for the season, and yes Virginia, it's Jesus, .... Santa, time off work, meeting family, friends, rascals, turkey, pumpkin pie and making money are just along for the ride.
The industry is formalizing know-your-product processes
What to consider when assessing an investment
1. Structure and features such as complexity, transparency, uniqueness, basis of return, likelihood of achieving investment objectives, expected returns, time horizon, liquidity and use of leverage
2. Compensation or other conflicts
3. Risk
4. Initial and ongoing costs and their impact on performance
Source: Amendments to National Instrument 31-103
When it comes to products,
“You should be looking at all the benefits and features to make sure the investment you recommend is in the best interests of clients,” Rizi said.
“That’s what KYP is all about.”
In case your compliance cruising, full stop, see, read, digest disclosure
FCC’s Rooted in Strength…taking care of our families and ourselves resource has a short article by Dr. Georges Sabongui that describes 5 simple ways to boost serotonin. Serotonin is sometimes known as the happiness chemical, a neurotransmitter believed to help regulate mood, sleep, memory and more.
Sabongui suggests we can build resilience by maximizing our natural serotonin levels with good sleep, smiling, sports, social contact face to face, and spirituality. He suggests spirituality is a connection to something bigger than ourselves.
As a woman of faith, my connection to God is a key factor in building resilience. At this time of Thanksgiving, I would encourage everyone, regardless of your worldview, to practice gratitude.
It’s been a tough 20 months, and we don’t know when the Great Pause is going to be history. I do know that counting our blessings, even when farming has been disappointing and cash flows are tight, we can still find things to be grateful for.
I encourage you to find a few soybeans, peas, lentils or corn kernels to put on your supper plate. Have everyone at the table mention 2 things they are thankful for in the past year. If people are super uncomfortable about sharing they can pass, and someone else who is brave might like to add a few things to encourage the silent person. (Read More)
Even in hard time, there is lot's to be thankful for, it's a good time to let the song touch you, a few good memories percolate in, so I invite you to shed a tear with me ~ Tim
#ImprovingFutures #BeTheAdventure
Verse I: In the morning you sing over me I receive your mercy Your faithfulness is clear to see Constant everyday
Pre Chorus: Every breath I breathe an invitation To believe you are creating something good Though this season doesn’t tell my story I know you’ll move mountains for me You’re just that good
Chorus: So I’ll give thanks to God When I don’t have enough Cause He’s more than enough And He knows what I need
Verse II: In the silence i choose to believe You’re working in the waiting Though the future isn’t clear to me I trust you anyway