Disability Insurance replaces your monthly income should you become sick or hurt and cant work. If I were to offer you two job opportunities which one would you pick…1) $50,000 per year, if you get...
4 Way's to Spend Critical Illness Proceeds
In the unfortunate event that you or a loved one is suffering from a critical illness, having critical illness insurance provides several benefits to you and to your family. Critical illness insurance...
5 Must Understand Financial Concepts
1) Money needs a name: Money is fluid and always moving, that’s why we call it “currency.” If you don’t put a name to it or label what it is meant to be used for, it will find somewhere to go....
[Video] - How The Economic Machine Works
In this video we are privileged to have one of the most succesful investors on the planet, Hedge Fund manager Ray Dalio of Bridgewater Associates explain how the economic machine works. I have al...
[Video] - Everything you need to know about finance and investing - Bill Ackman
In todays world with a suplus of information available, it is very easy for people to get overwhelmed on the topic of investing.Through time not much has really changed. The fundementals of how a busi...
The Three M's of Mutual Funds
Mutual funds get alot of flack, and dont get me wrong they should there is a lot of terrible funds out there...But dont kid yourself, there is also great money managers out there who can do a far bett...
Why the average person is broke
Of 100 men at age 6554 will be BROKE (live too long)36 will be DEAD (live too short)5 will still be WORKING (no choice)1 will be RICH (money at work)Source: Statistics Canada Why the Average Family/Pe...
RRSP 101 - Deferral
An important thing to understand about RRSP‘s is the concept of Tax Deferral. What does this mean?Tax Deferral–This simply means that you will not have to pay tax on the money that your money make...
Useful Calculators
Check out these great useful calculators that will help you understand and get organized with your financial affairs. Send us a message if you would like help using or understanding one. Financia...
How long until my money doubles???
Someone asked me the other night "Hey Mr.Cook, how long will it take to double my money?"...Now one would think that this is a question that is impossible to answer...However there is actually a very...
A common misunderstanding about TFSA and RRSP
I am constantly explaining a common misunderstanding to people. They are not aware of their freedom with their RRSP's and TFSA's.Let me explain...What most people think is that these are accounts that...
Gold, Platinum and Silver
Throughout history, gold has represented wealth and power. The value of gold has withstood the test of time and today remains (increasingly) an essential part of the foreign exchange reserves of...
Health Spending Account - Why havent we heard of this?
There is a secret savings account out there Canadians, that few people will ever tell you about its called a Health Spending Account.I want to take a brief moment to explain what it is, and you...
Personal and Financial Information Organizer
It is important that we stay organized with our financial affairs. We reccomend keeping certain important information in a safe, easy to find spot in case in the future aspouse, family member, or frie...
Money for Sale - Buy Tax Free Money at a Discount
Did you know that you could buy Tax Free money at a discounted price? This may seem unbelievable but it is absolutely true. Anyone could buy money at a discounted price, to provide for their family, o...