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David Allard

Retirement: Health Issues

Nov 20, 2014 / 5:00 am

Our health is really our greatest asset and maintaining our health is of tremendous importance. You want to do what you can to ensure that health issues will not jeopardize the enjoyment of your retirement years. There is nothing you can do to completely avoid health problems, but you will try...

New Income-splitting measures announced

Nov 13, 2014 / 5:00 am

Recently Introduced Tax Breaks to Help Families Summary On October 30, 2014, Prime Minister Stephen Harper revealed income splitting tax breaks for families with children less than 18 years of age. Canadians have been waiting since 2011 for a variety of promised tax breaks. ...

Dementia and Alzheimer's Disease

Nov 6, 2014 / 5:00 am

The Canadian demographic landscape is rapidly shifting as baby boomers and older seniors lead the way in breaking the longevity mold. With increased life expectancy come challenges specific to aging. There are approximately 500,000 Canadians living with Alzheimer’s disease or other...

Empty nesting: financial issues

Oct 30, 2014 / 5:00 am

Now that the children have ‘left the nest’, it is a good time to step back and take stock of your financial situation. Being on your own will probably cut household costs to some extent, but there may be other outlays as well depending on activities planned and ongoing financial...

Weakening global growth worries

Oct 23, 2014 / 5:00 am

The Big Picture Growth worries persist Worries about weakening global growth and its potential impact on the US economic recovery roiled markets around the globe this week. Europe continues to be the primary source of concern as most economic indicators have turned down since mid-summer. The...

Can executor be a non-resident?

Oct 9, 2014 / 5:00 am

Does it matter if your executor is a non-resident of Canada? The answer is definitely, yes - the residence of your executor affects the residence of your estate for income tax purposes. As a result, appointing a non-resident of Canada to be the sole executor of your estate would cause your...

An income investment you may have overlooked

Oct 2, 2014 / 5:00 am

Investors seeking income often limit their selection to bonds and give little or no consideration to preferred shares. They usually ignore preferreds simply because they don't know much about them. Perhaps the easiest way to think of preferred shares is that they are shares which behave...
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What is a Trust?

Sep 25, 2014 / 5:00 am

A trust is an equitable obligation binding a person (the trustee) to deal with property over which he/she has control (called the trust property) for the benefit of persons (who are called the beneficiaries) of whom he/she may themselves be one and any of whom may enforce the obligation. The person...

Executors and their duties

Sep 18, 2014 / 5:00 am

There will be a time when you will need to decide who you should appoint as executor of your Will. As well, there may be a time when you will be asked by someone to act as the executor of his or her Will. In either situation, it is important to be clear on the duties of an executor before making...

Joint accounts: what you need to know!

Aug 21, 2014 / 5:00 am

Establishing a joint account may seem like a great strategy at first glance. However, there are many factors that must be considered before taking this action. This article will explore the use of ‘joint accounts’ and the related estate planning, control and tax issues and consequences...

The emperor's new clothes

Aug 14, 2014 / 5:00 am

The wealth market faces increasing competition and declining product differentiation. The wealth industry is responding to these emerging trends with “new” and “unique” investment vehicles promising enhanced features, lower risk and low correlation to traditional stocks and...

Geopolitical tensions rattle markets

Jul 24, 2014 / 5:00 am

The Big Picture Geopolitical tensions rattle markets The spectre of rising geopolitical tensions in Ukraine and Gaza cast a shadow over an otherwise positive week in the markets. News that a passenger jet was tragically shot down in Eastern Ukraine Thursday may prove to be a turning point in...

Euro debt woes re-emerge

Jul 17, 2014 / 5:00 am

Big Picture Euro debt woes re-emerge Europe’s debt woes jumped back into the headlines this week trumping other economic, geopolitical and corporate developments. Word that one of Portugal’s biggest-listed banks had delayed coupon payments on some short-term debt securities...

Why buy money market funds?

Jul 3, 2014 / 5:00 am

Money-market mutual funds have an important role in many investors' portfolios. Money-market funds benefit investors most during inflationary times. They were created in the U.S. in the mid-1970s when oil prices, inflation and interest rates were soaring. Before they became available,...

Are we there yet?

Jun 26, 2014 / 5:00 am

Deciding to manage your own investments can seem like a wise financial decision when your returns have been low, your fees constant and your financial advisor has had nothing new to say for the past six months. At first blush, the process doesn’t even seem that complicated: pick some good...

ECB rolls out stimulus measures

Jun 12, 2014 / 5:00 am

The Big Picture ECB rolls out stimulus measures The European Central Bank (ECB) was the newsmaker of the week as it announced economic stimulus measures to prop up the euro-zone economy and stir inflation. ECB bank chief Mario Draghi slashed borrowing costs on a number of fronts starting...

Estate planning isn't just for the wealthy

Jun 5, 2014 / 5:00 am

For many, estate planning sounds lofty and complicated, but it really isn’t. Everyone should give careful consideration to the financial, legal and tax issues that will affect the transfer of your assets to your beneficiaries. At any age, an estate plan can help you: Set a value on your...

On mixing business and personal

May 29, 2014 / 5:00 am

Life is about balance; in most things we do, there are equal and opposite reactions to the decisions we make. Money is no exception, particularly where we use strategies that defer or exempt us from tax, or protect our assets from risk. One example: a curious child and a bee’s nest. The...

US stocks pull back from records

May 22, 2014 / 5:00 am

The Big Picture Weak euro-zone growth, mixed US economic readings cloud outlook Word of slowing growth in Europe sideswiped markets this week while continued mixed signals south of the border re-ignited global growth worries. In Europe, Q1 GDP growth for the euro zone came in at 0.2% missing...

Unintended consequences

May 15, 2014 / 5:00 am

Often it’s the unintended consequences of an event that impacts our lives, rather than the obvious one. An example many of us experience everyday are suburbs. The development of railways in the 1800s to connect the east and west coasts of the continent made it possible for more people to live...



About the Author

Jeff Stathopulos, CIM, CFP, Portfolio Manager

After two decades in the financial services industry, Jeff's experience as an advisor and branch manager define his approach to providing customized financial planning, estate planning, and managed income solutions. Key to this approach is a thorough understanding of the unique challenges and goals that exist in every client's life. He is a partner in Navigation Wealth Management.

Jeff holds the Certified Financial Planning and Chartered Investment Manager designations. He lives in Kelowna with his wife Tanya, and their two (almost adult) enterprising children.

 

You can contact Jeff by email at [email protected]

Website:  www.yourlifeyourplan.ca







The views expressed are strictly those of the author and not necessarily those of Castanet. Castanet presents its columns "as is" and does not warrant the contents.



These articles are for information purposes only. It is recommended that individuals consult with a financial advisor before acting on any information contained in this article. The opinions stated are not necessarily those of Scotia Capital Inc. or The Bank of Nova Scotia. ScotiaMcLeod is a division of Scotia Capital Inc., Member CIPF.



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