Contest Opportunity (until January 4, 2022)

As an independent Financial Advisor, I have the luxury of partnering with many Investment and Insurance companies.  One of the fund companies I partner with is offering an interesting contest that I would like to bring to your attention.  Fidelity have titled it ‘Rev up your RRSP’ however, the prize will be issued as a cheque so you can, therefore, invest this prize money into your RRSP, RESP, TFSA or whatever else you fancy. As a Financial Planner, if you are the winner, I would be happy to help you decide how this boost of money will help you achieve your financial goals. To take a look at this opportunity, click on the link below: Contest opportunity As always, feel free to reach out to Debbie if you have any other financial questions Contact Us    ...

RESP – should you have one?

While Christmas planning seems to be full swing, we here at MC Wealth are thinking about other year-end transactions.  One of those is topping up for RESP’s (Registered Education Savings Plans). We encourage you to read up on these valuable savings accounts offered through an RESP. You just may consider opening one for that special child in your life who could benefit from a little financial boost for their post-secondary education.  Whether you are a parent, grandparent, aunt/uncle, or even a close friend – consider this a great time to gift an RESP to assist with the increasing expenses of post-secondary education.  And did you know? A child can be a beneficiary on more than one RESP (conditions do apply). Below is a brochure from one of our partner fund companies that talks facts about RESP’s.  We think it’s a great informational tool for anyone who wants to know the quick information about RESP’s.  Dynamic RESP We have also included a link to another fund company site, where they have a series of informative articles about RESP’s, speaking to RESP Basics and Maximizing your RESP, to Cashing out an RESP.  You can find that link Fidelity RESP. If you are interested in setting up a new RESP for a child in your life, or if you already have an RESP and would like to do more to maximize your savings, contact us anytime to discuss.  The contribution calendar for an RESP is January to December, so if you’d like to make a contribution before the end of 2021, please contact us...

What to do when markets are down?

At times of major market highs or lows, it is important that you keep your own goals, dreams and timeframes in mind when responding to the market.  Be sure you know how your own portfolio has been impacted. This is a very useful article when looking at market fluctuation...