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June 2008

 

The "Real Deal"
on Mortgage Insurance

The vast majority of Canadians who purchase mortgage insurance from a bank don't fully understand what they are getting - and what they are NOT getting.

A recent report by CBC Marketplace on February 6, 2008, reveals details about mortgage insurance that few Canadians know about - until it is too late.

Watch the video clip to become fully informed and learn how an independent insurance broker can assist you in getting the right insurance for protecting your mortgage.

Watch CBC Marketplace: In Denial

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Financial strategies for newlyweds 

John and Jane had spent many months planning for their special day. They had also budgeted and spent many thousands of dollars to celebrate their wedding. Now what?

Since John and Jane have made a for richer or poorer commitment to each other, it's time to do something about it; and they need to start right away. Following is a list of the primary areas that will need their immediate attention:

Get your wills made - Unless they had wills prepared in anticipation of their marriage, any wills John and Jane did have automatically became invalid the moment they...

Easy Print (PDF)


How to make your heirs hate you

Your death will create problems. There will be three types - emotional, legal and financial. You can do certain things now, while you're alive, to reduce or increase these problems and make your heirs either love you or hate you.

EMOTIONAL PROBLEMS

You can increase the emotional upset after your death by leaving your affairs in a mess. Hide your will, or better still, don't make one. Have a number of secret bank accounts and investments.  Keep the records of your assets and liabilities scattered in so many different places that...

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“Life is 10% what happens to you and 90% how you react to it.”

Charles R. Swindoll


Commissions, trailing commissions, management fees and expenses all may be associated with segregated fund investments. While the principal amount of a segregated fund investment may be guaranteed, their values change frequently and past performance may not be repeated.  Please read the prospectus of the segregated funds in which you invest.  The information in this email newsletter is general information only and is not intended to constitute specific legal, accounting, financial or tax advice for any individual.