| TriDelta Insight |
| November 2013 |
|
|
| TriDelta Financial |
|
|
|
| Visit us online |
| For more information about TriDelta Financial and our services please visit us online at www.tridelta.ca. |
| Follow us at: |
|
|
|
| Dear reader, |
Despite global economic recovery, growth remains very tepid and interest rates seem set to remain low for some time. So how do retirees obtain income and meaningful portfolio returns without exposure to undue risk?
Our November newsletter contains ideas we deploy to grow wealth including: our new TriDelta High Income Balanced Fund, understanding retirement income solutions, ensuring efficiency with your company pension options, structuring your mortgage and more.
Enjoy and be well,
TriDelta Financial |
|
| TriDelta's NEW High Income Balanced Fund |
Initial Investments close November 30th
At TriDelta, we have watched closely as Canadians search for income in a low interest rate world. One issue we have found is that many
|
 |
Canadian income funds are overly concentrated - with a heavy weighting in Canadian REITs (Real Estate), Canadian Financials, and Canadian Utilities. This over concentration in a few sectors adds unnecessary risk to investors.
This month, we are proud to launch our High Income Balanced fund. Initial investments will need to be in by the end of November. This unique fund will feature a 6% annual target distribution, and will generate income and returns through a few diverse investment strategies.
|
|
Continue reading...
|
|
|
|
| Your Pension - Is now the time to take the cash instead? |
| Canadians fortunate enough to have a company pension are faced with a tough decision when they leave their company, switch jobs, or prepare for retirement. Although every situation is different and answers vary, the questions to ask yourself are much the same.
|
|
We provide some perspective to assist you in making the right decision and as always encourage you to seek our advice to ensure that you make the best choice for your particular situation. Click here to read more:
|
|
Continue reading...
|
|
|
|
| Canadian Retirement Income Guide 2014 |
We have updated our Canadian Retirement Income Guide, which has become a sought after tool.
The Guide provides details on some of the best ways to build your own retirement "paycheque" using the resources you already have.
|
 |
|
Common questions about different retirement income streams will also be answered, and tax minimizing tips will be provided along the way.
We also provide guidance on calculating the amount of income you will require and details on the nine sources of income including CPP, RRSP's, TFSA's, private pension plans, home equity and more.
To download your FREE personal copy simply click this link.
|
|
|
|
|
| Travel: Best Winter Trips |
| We're approaching what promises to be another long Winter in Canada so we may as well plan to embrace and enjoy it.
|
|
Here are a number of amazing photographs depicting the adventures that can be ours if we choose. Be sure to scroll all the way to the end, which features Toronto:
|
|
Continue reading...
|
|
|
|
|
| Heard of a collateral mortgage? |
|
Very little is known about collateral mortgages and yet, because they can be so helpful to some clients and very harmful to others, borrowers should be well educated about them.
|
 |
What is a Collateral Charge?
It is an alternative way for lenders to place a mortgage against a property. A collateral charge can contain more than one mortgage component such as a classic mortgage and a secured line of credit. Collateral mortgages are also re-advanceable.
|
|
Continue reading...
|
|
|
|
|
| The hardest financial question for most people to answer |
When asking questions to clients, the one that usually stumps people is "How much do you spend in a year?"
They can answer about what they have, what they owe, how much they make, even how much insurance they have, but the discussion slows down
|
|
considerably around spending.
In most cases, as the advisor, we don't care what money is being spent on. We just need to have an accurate sense of the total.
|
|
Continue reading...
|
|
|
|
|
| Americans living in Canada |
|
There are an estimated 1 million American citizens living in Canada either as full-time or part-time residents. It's no wonder that
|
|
the IRS has stepped up efforts to seek out citizens living abroad, particularly those with investment accounts.
The US introduced a new Act known as FATCA - the Foreign Account Tax Compliance Act - which has the goal of catching U.S. tax cheats with offshore accounts. Although the implications are wide reaching and complex with many details still being negotiated between Canada and the US, it remains important to keep abreast of developments.
We provide an overview of this developing story, click here to read our article.
|
|
|
|
|
| Financial Planning Week |
Financial Planning Week is part of an ongoing effort by the Financial Planning Standards Council (FPSC) to make financial planning a fundamental aspect of Canadians' lives.
At TriDelta we're very supportive of these efforts given that your financial well-being is core to our existence and we too encourage Canadians to do proper planning.
A quote from their website tells the story well: '61% of Canadians who have engaged in comprehensive financial planning feel they have peace of mind, compared to only 36% of Canadians with no plan'
This 30 second TV ad will also deliver the strong message to plan.
To contact us, click here.
|
|
|
|
|
| Claire's reading pick |
London
by Edward Rutherfurd
I was born in London, England and even though Canada is my undisputed home, I still enjoy going back and marvel at the history and hustle and bustle of one of the great cities in the world. When I visit I usually take in some of the culture and history, but only as a
|
|
casual observer never really going much below the surface. While I enjoyed history at school that is some time ago and let's face it, the way history was taught it can be somewhat boring. We were told of places, events and people but we were never given an opportunity to get a real glimpse of what it was like to live in those times through the eyes and minds of those that lived there.
Fortunately today we have terrific well-researched authors such as Edward Rutherfurd who are able to relate history through rich fictitious and real characters who lived through actual historical events. This then not only makes it an entertaining journey, but also gives an understanding of what we see and experience when we have lived and/or visited the places he writes about; New York, Paris, Dublin and of course London.
In the first chapter of London the author starts his journey somewhat early - four hundred million years ago - but quickly moves us to the time of 54 BC to a small family living on the banks of a river that eventually was called the Thames, a derivative of the Roman name Londinus. Following the lives of a colourful cast of characters (the poor, the rich and the powerful) we experience conquering armies, diverse trades and witness how iconic structures such as the Tower of London came to be.
To enjoy Rutherford's novels you don't necessarily have to have been born or even visited places like London and New York. That said, these are iconic places that have and shaped much of the world as seats of power and influence and knowing just a little more and experiencing it in an enjoyable way certainly adds to an understanding of who we are today.
By Claire Corrie - Director, Client Service.
|
|
|
|
|
| Claire's viewing pick |
Prisoners
I am sure, like many of you who have children, the thought of watching a movie where the central theme is a lost child is low down on your list but after sitting through 90 minutes of this entertaining and gripping film, Prisoners,
|
|
I feel, even as a mother, I must recommend this movie as a 'good watch'.
As the plot unfurls we see both Hugh Jackman as a desperate tortured father, and Jake Gyllenaal as the detective assigned to the investigation buckle under the strain of carrying contrasting heavy weights and responsibilities on their respective shoulders - Jackman, as the strong family head who is supposed to protect a family from all dangers, whereas Gyllenaal is the detective that has never failed to solve a case successfully.
The setting is in a small town in rural U.S. where few strangers pass through, leading one to believe that the clues to the mystery are closer at hand. While the detective works methodically to solve the case he is forced to keep an eye on the emotionally driven father. To say more would give up the total plot but if you like a bit of a guessing game of 'who done it' that keeps you on the edge of your seat may I recommend this movie.
By Claire Corrie - Director, Client Service.
|
|
|
|
|
