INVESTMENTS

Whether saving for your first home, your retirement or your childrens education – you can count on me to provide you with honest, up to date information from major investment institutions in Canada so that you can reach your financial objectives.
HERE ARE SOME OF THE INVESTMENT OPPORTUNITIES I CAN ASSIST YOU WITH:

REGISTERED RETIREMENT SAVINGS PLANS

Starting and building a Registered Retirement Savings Plan (RRSP) will likely be one of the most important steps you take in your financial life. There is no better way to reduce your taxable income and save for the future.
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REGISTERED EDUCATION SAVINGS PLANS

An RESP is probably the best way to save for a child's or grandchild's post-secondary education.

Why invest in an RESP today?

• government grants
• tax deferral, and
• the advantages of saving early for a child's future.

Here are a few facts:

• Parents, grandparents and friends can contribute money to an RESP – to a lifetime total of $50,000 per child.
• RESP contributions are not tax deductible. However, any investment income you earn within the plan is not taxed until it's withdrawn.
• The federal government adds a Canada Education Savings Grant (CESG) of 20% of what you put in, up to $500 per year to a lifetime maximum of $7,200 for each child. Contributors with a lower family income receive a higher grant. For details on additional grants you can receive, visit CESG

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TAX FREE SAVINGS ACCOUNTS

The Tax-Free Savings Account (TFSA) is the most significant government savings program since the introduction of the registered retirement savings plan (RRSP).
You can benefit from what a TFSA has to offer regardless of your income or financial goals. It can be an integral part of your financial plan, whether you're saving for your first home, preparing for retirement or already receiving retirement income.
A beneficiary can be named on almost all TFSA accounts.* By naming a beneficiary, the expense of probate fees can be avoided.
A TFSA is a great way for you to save your money and see your saving grow tax-free.

SEGREGATED FUNDS

Segregated funds are very similar to mutual funds. A large pool of money is invested in stocks, bonds, or other securities with the goal of growing the value of the entire pool. But segregated funds are actually structured as insurance contracts, so they have some benefits that mutual funds do not.
The insurance industry offers investment funds with principal and maturity guarantees.