All-In-One Banking Generates Cash Flow

All-In-One Banking Generates Cash Flow

When taking on a mortgage to purchase a home, the amount of interest paid on that loan can be as much or more than the actual cost of the house itself. But it doesn’t have to be that way. An all-in-one account is a revolutionary new concept to financial management that could save significan

06.28.2010 | uncategorized | admin

Financial Leveraging and Wealth Creation

Financial Leveraging and Wealth Creation

Most people will have heard the expression OPM. It's a commonly used abbreviation for the phrase, ”Other People's Money.“ If a person has ever borrowed money from a bank they have benefited from the use of someone else's money. OPM is the key ingredient when it comes to leveraged investing

11.25.2009 | uncategorized | admin

Seg Funds Minimize Investment Risk

Seg Funds Minimize Investment Risk

Segregated funds or seg funds are essentially mutual funds that have been wrapped in a blanket of guarantees, benefits, and features. Investors are not issued units or shares as in a mutual fund but rather become holders of a segregated fund contract. Contracts can be registered or non-reg

11.25.2009 | uncategorized | admin

Mortgage Insurance, Good, Bad, and the Ugly

Mortgage Insurance, Good, Bad, and the Ugly

If you are an existing homeowner paying down a mortgage you probably already have some type of mortgage insurance coverage. If you are just starting out and are in the process of purchasing your first home, then you will likely be requiring mortgage protection in the very near future. Mor

11.20.2009 | uncategorized | admin

The Rising Cost of Tuition Fees

The Rising Cost of Tuition Fees

During the 1990s, undergraduate tuition fees in Canada increased at an annual average rate of more than 9.6%. In the 1990/1991 and 1991/1992 academic years alone, they went up 15.2% and 16.5%, respectively. Since the year 2000, the increasing cost of education has slowed to an average of 3

11.12.2009 | RESP | admin

Registered Education Savings Plans

Registered Education Savings Plans

Because of the escalating cost of tuition fees every year, the government of Canada has provided a means for parents to maximize the growth on their savings and investments through an RESP, or Registered Education Savings Plan. Money invested inside of an RESP will grow at a much faster rate t

10.26.2009 | RESP | admin