Fall 2010 issue
TriDelta Insight
Contents
Click here to visit our new Group Benefit Plans web page.
Do you know someone who has lost their job?
We can help them. Now is the time they need to develop their financial plan. Please have them contact us for a discussion.
Mortgage Highlights
5 Year Closed:   3.59%
5 Year Variable: 2.25%
Best Insurance

At TriDelta we offer Life Insurance, Critical Illness Insurance and Disability Insurance from virtually every provider in Canada. We also have the expertise to answer all of your questions and to build a plan that is right for your needs.

As with all clients, we ensure that your insurance solutions are not stand alone but integrated into your overall financial plan.

Click here for more information.

TriDelta Financial
Toronto: (416) 733-3292
Oakville: (905) 901-3429
Creemore: (705) 520-0093
Email: tedr@tridelta.ca
Visit us online
For more information about TriDelta Financial and our services please visit us online at www.tridelta.ca.
Dear reader,
As we welcome the Fall season so too are we encouraged by the positive tone of the stock market. Our sense is that the recovery will continue to slowly unfold and reward our patience.

Our Fall newsletter not only updates you on the markets, but provides a number of insights on managing your parents finances, the potential pitfalls for 'snowbirds' and why debt is sometimes good. We also have our timely book review, which this month focuses on nature reads.

Enjoy and be well,

TriDelta Financial

Stock market update
Stock market update
A year ago we published an article and illustration on the importance of managing our emotions when investing, see Managing emotions for successful investing. Much has happened since then and our patience is slowly but surely being rewarded as we continue to navigate through the fragile global recovery following one of the worst economic disasters in our history.

We asked one of our lead portfolio managers, Bruce Campbell for his thoughts:
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Will I Have to Manage my Parents Finances?
Steps to take today, to make that transition seamless.
When Bob passed away, Mary (who was 82 and definitely slowing down) was suddenly for the first time in her life, responsible for all things financial. She was not only unprepared, but would clearly need significant help to fill the void left by Bob in this area.

Son helping elderly father
Mary turned to her 56 year old son Steven, who had maintained a careful distance from his Dad when it came to personal finances. It was something that Bob just didn't feel comfortable discussing.
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Flying south for the winter?
Flying south for the winter?
Every year, thousands of Canadians escape our winter by travelling south, usually to the United States, for a few weeks or months, or even the whole winter. The recent decline in the cost of U.S. real estate, especially in traditional winter vacation spots like Florida and Arizona, has made the prospect of such trips south even more attractive. The thoughts of these so-called "snowbirds" are typically on improving their golf game or enjoying the sunshine, and not on the tax implications of their whereabouts. Notwithstanding, there are tax consequences and costs which can result from spending an extended period of time outside the country.

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When debt is good
Money chest There is a great fear sweeping the land. It is a belief that all debt is a scourge to be wiped out.

The truth is that the smartest business people recognize the value of debt in building wealth.
If there was ever a time to consider adding debt - now is one of the best times in history, as it has never been this cheap.

Today you can borrow money at 2.9% fixed for 3 years. With tax deductibility that can bring the cost down to as low as 1.6%.
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Some good Fall reading ideas
Fall reading
Keeping The Bees by Laurence Packer
Silence of the Songbirds by Bridget Stutchbury
The Tiger by John Vaillant
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