We are pleased to announce some excellent promotional mortgage rates on offer from some of our lending partners.
Please note that these rates are subject to change at any point and that specific needs for your mortgage such as portability and pre-payment privileges must also be considered along with the best rate.
Canada’s Finance minister Jim Flaherty has stated a central goal of strengthening the financial literacy (defined as knowledge, skills and confidence to make responsible financial decisions) of Canadians. “Our economy is built on millions of everyday financial decisions by Canadians,” said Minister Flaherty. “Recent events have shown us that there are major risks and that financial literacy is an important life skill. Whether it is a question of saving for retirement, financing a new home or balancing the family chequebook, improving the financial literacy of Canadians will add to the stability of our financial system and make our economy stronger.” Continue reading
The following report includes data and summarized forecasts prepared by TD Economics and RBC Global Asset Management. While based on real economic indicators, forecasts are opinions and of course, cannot be guaranteed. Please also find attached to this email a copy of the Redwood Capital Investment Policy. The attached policy reflects recommended asset allocations for summer 2010.
Continue reading
What’s the difference?
Many of us have difficulty understanding the difference between saving and investing. Both strategies are crucial for financial security and we are going to take this month’s email to outline our philosophy on saving, investing and designing portfolios. Saving is done by reducing present consumption while the goal of investing is to increase future consumption through capital appreciation. More practically, the difference between saving and investing is risk. Savings are defined by having no risk of capital depreciation; this could mean bank accounts, specific low risk mutual funds, GIC’s and high interest savings accounts. These tools should be used for emergency cash reserves as well as short term needs such as house down payments, new car purchases etc. Most of us, in the hopes of increasing our disposable income or estate are comfortable assuming risk in order to earn returns that will outpace inflation. Our job is to help our clients determine how much risk is appropriate for them to assume and help them choose the most efficient strategies and investments within a specific risk profile.
Continue reading
Is Critical Illness insurance necessary?
Continue reading →