Over time, you have probably heard about various financial institutions in Canada having problems or even going under. How do you find out what protections you have for savings or chequing account deposits in a bank, trust company or credit union?

There are many risk areas that could affect your financial net worth, cash flow, quality of retirement, and lifestyle. In many cases, you can eliminate, minimize, or control each of these risk areas by knowing about them, doing research, and making prudent decisions. Statistically, if you retire at 55 years of age, you can expect to live to 85 and have 30 years of retirement–almost as long as your working life.

Group ownership of real estate is not for everyone. Most people do prefer to purchase their own home or investment property, if possible. However, some people prefer to start out by investing with a group, as it can provide mutual support, shared and therefore reduced risk, pooled skills and expertise, greater investment opportunities, and shared […]