Volatility vs Risk: Don’t Mix Them Up!
Volatility is not the same as risk. Let me be clear, volatility is not the same as risk. Financial people like to equate the two because it’s easier to sell […]
The Three Core Principles of Investment, Financial, & Benefit Planning
Begin by protecting what you most need and value: Define your “risk of ruin”. Identify the risk of ruin factors. Utilize reasonable risk containment measures. Through appropriate risk transfer planning, […]
What Would You Sell to the Captain of the Titanic? (Or What Is a Good Financial Advisor’s Job Anyway?)
What would you sell to the Captain of the Titanic? Champagne or life boats?
Can’t I Just Make My Child a Joint Owner of My Rental Properties (Or Cottage) And Avoid Capital Gains Tax That Way?
This is one of the most frequent misapprehensions we come across and unfortunately, it is one that is regularly encouraged by well-meaning but misinformed (or occasionally less than scrupulous) accountants, […]
Effectiveness Vs Efficiency in Financial Planning
Order, sequence, precedence, priority. Whatever your discipline, whatever areas you choose to be an expert at, to ensure or maximize the chances of success there is an order of operations. […]