3 ways to cut your capital gains taxes

3 ways to cut your capital gains taxes

Cutting your taxes through capital gains is a very smart financial planning strategy.

Did you know that Canadian capital gains taxes are actually taxed at a much lower rate than interest? This is a huge advantage to investors and can substantially… Read More

Hi Pat: What is your opinion of AIG? Thank you.

American International Group, $52.17, symbol AIG on New York (Shares outstanding: 1.1 billion; Market cap: $60.5 billion; www.aig.com), is a leading international insurance company serving customers in more than 130 countries. The company went through a severe downturn in the recession of 2008/2009. Its stock… Read More

What’s the difference between financial planning and portfolio management?

Portfolio management involves choosing investments. Financial planning focuses arranging your affairs to cut your taxes.

When investors are considering hiring us to manage their portfolios through Successful Investor Wealth Management Inc., they sometimes ask about the difference between financial planning and portfolio management.

It’s a good question… Read More

The Successful Investor Hotline – Friday, September 5, 2014

BOMBARDIER INC., Toronto symbols BBD.A $3.70 and BBD.B $3.63, has fallen 5% in the past two weeks on concern about further setbacks for its new CSeries passenger jet.

In late May 2014, an engine problem forced the company to suspend testing. The engine’s manufacturer has since… Read More

What is Pat’s commentary for the week of June 24, 2014

There’s a revolution brewing in Canada’s brokerage industry.

Canada’s provincial securities commissions are looking at three longstanding practices that help the brokerage industry and securities salespeople, but represent a steady drain on the finances of many investors.

Trailer fees and other “embedded” fees. Mutual fund buyers now… Read More

What is Pat's commentary for the week of March 25, 2014?

Here’s the text of the quarterly letter I recently sent to our Portfolio Management clients:

“Many investors today feel uneasy about the future value of the U.S. dollar. The dollar is the key to the world monetary system. But its value is at the mercy of… Read More