In 2001, there were 3,795 Canadians aged 100 or over. In 2016, the number more than doubled to 8,230 centenarians. 1 According to Statistics Canada, a Canadian male aged 65 is expected to live to 84 and a female to age 87. These are average life expectancies, so it’s probably wise to count on a longer life when making financial … Read More
The Smart Way To View An Expected Inheritance
It’s tempting to count on an expected inheritance as money in the bank – but it doesn’t always work out so perfectly. Anyone’s parent or parents could encounter situations or challenges that jeopardize the legacy they wish to leave to their children. Understand the risks An inheritance could be less than anticipated simply because life expectancy is increasing. Funding the … Read More
Jay Ajayi was smart, took out an insurance policy for loss of value before torn ACL
Jay Ajayi was smart, took out an insurance policy for loss of value before torn ACL Read More
22 Microhabits That Will Completely Change Your Life In A Year
Breakthroughs don’t change your life. Microhabits do. Benjamin Hardy compares this concept to compounding interest, and how, given the choice, most people would take $1,000,000 in their bank account right now as opposed to a penny that doubles in value over the course of the month. What most people don’t realize is that those who take the big payout end … Read More
What Amazon plans to do next
Amazon’s ambitious projects for the future Now valued as a trillion-dollar company, Amazon has grown from humble beginnings as a modest online bookstore into a global e-commerce and cloud colossus – and you ain’t seen nothing yet. Seemingly intent on world domination, the Seattle-based company has a whole bunch of projects in the pipeline that will make your jaw drop. … Read More
Finances for growing families
Ahh, a new baby. In spite of the diaper changes, teething and complete lack of sleep that comes with parenthood, you’d do anything for that little bundle of joy. And your care doesn’t end with storytime and midnight feedings – it also includes financial planning for their future. Planning for that may seem daunting among everything else, but you won’t … Read More
Never going out of style
Within equity investing, the two main investment styles are value and growth. Value investing typically consists of trying to buy companies “on sale” or picking stocks that have low prices in relation to factors such as earnings, sales, and the book value of the issuing companies. Growth investors seek capital appreciation in stocks that they believe will provide faster-than-average increases … Read More
Summer reads (for the entrepreneur who actually takes time off)
Taking time off is important to refresh and recharge as you build your company, and part of that relaxation can include reading books that can help on your entrepreneurial journey. Summer reads (for the entrepreneur who actually takes time off)
Mortgage Insurance
For many people, obtaining a mortgage can be a complicated process. There are payment options to consider, unfamiliar terms to learn, and legal mumbo-jumbo that needs to be understood and navigated. And on top of all that, you’ll likely be offered mortgage insurance. Good news: this is a simple one… JUST SAY NO. Mortgage insurance works by settling your mortgage … Read More
Spousal Finances
It’s inevitable that financial decisions cause at least some sort of tension in the home. Often to avoid this one of the spouses oversees the financial decisions while the other just trusts them. It makes sense really. Not everyone is interested in the day to day of managing money or investments, and some people are just bad at it. In … Read More