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TriDelta Insight
February 2015
Dear reader,
With Valentine's Day around the corner, we tried to keep this newsletter full of love and romance. Unfortunately, that isn't our thing.

Instead we bring you tax savings ideas, thoughts about renting instead of owning in retirement, news on our fund, news on medical tourism and some movie and travel ideas too.

All the best,

TriDelta Financial

TriDelta Fund gains 10% in January and 29% since inception in December 2013
The TriDelta High Income Balanced Fund benefitted from sizable exposure to US$ during a time of significant declines in the Canadian dollar. It also had significant exposure to bonds with a long term to redemption (both Canadian and Global), during a time when interest rates declined significantly. This led to a 10.3% return for the fund in January.

Unfortunately we remain restricted to offering the fund only to Accredited Investors (this is generally defined as Investment assets over
$1 million or Personal Income over $200,000 or Household Income over $300,000). We are hoping that the Ontario Securities Commission will announce rule changes shortly that will allow us to offer this to all clients.

If you are interested in learning more about the TriDelta High Income Balanced Fund or know someone who is interested, please contact your TriDelta Wealth Advisor.

RRSP Reminder and Facts
  • RRSP contributions must be in your account by March 2, 2015.
  • For those with income over $135,000, the maximum RRSP contribution for 2014 is $24,270.
  • Check your 2014 Notice of Assessment to see what your personal RRSP contribution room is for 2014.
  • In general, if your income in 2014 was under $45,000, it is probably better to put money into your TFSA than in your RRSP
Renting during retirement?
10 cases where it might be right for you
Home ownership is the deeply ingrained Great Canadian Dream. Adding to the dream is retiring as a homeowner without debt. Although that dream is alive and well, and something that most retirees hope for, there can be some very good reasons not to be a homeowner in retirement. retire
While renting in retirement may not be your goal, perhaps some of these 10 scenarios might get you thinking differently.
Continue reading...
Turn a spouse's loss into your gain
By Brad Mol, VP, Wealth Advisor

Before rebalancing a portfolio for a new client, I make it a habit to confirm the Adjusted Cost Base (ACB) of any holdings in non-registered investment accounts. In knowing the ACB, I'm able to know the capital gain (or loss) that would be triggered and the associated tax liability (if any) of selling the portfolio.
Brad Mol

Now, we don't want to let the 'tax tail wag the dog' so to speak; if the portfolio needs to be changed it needs to be changed. But if we can save taxes while doing so clients certainly appreciate it!
Continue reading...
14 Most Romantic Getaways for Valentine's Day
OK - so I guess we can get a little mushy for Valentine's Day.

Click here for some potential ideas for your vacation plans in the year ahead.

Plan a 'free' Thailand vacation and... surgery
We're fortunate in Canada given that we have a great health system, but we're often subjected to long waits for important lifesaving surgery or wish for better access to specialists. New options have emerged in recent years and more of us are taking advantage, particularly medical tourism.

According to Wikipedia, Medical tourism or health tourism is the travel of people to
another country for the purpose of obtaining medical treatment in that country. Traditionally, people would travel from less developed countries to major medical centers in highly developed countries for medical treatment that was unavailable in their own communities. The recent trend is for people to travel from developed countries to third world countries for medical treatments because of cost and other considerations.
Continue reading...
Ted's Movie Review - Whiplash
Rarely have I seen a movie where I felt like I was pulled into a vortex in the first few minutes, and was then thrown out catching my breath two hours later.

Whiplash is one of those rare films. The movie has flown a little under the radar despite being nominated for the Oscar for Best Picture in 2014.

The film stars Miles Teller (21 & Over, The Spectacular Now) as Andrew Neyman, an ambitious young jazz drummer at a top New York music conservatory. Neyman is obsessively focused on becoming one of the
great jazz drummers of all time. Andrew's thunder meets the lightning of Terence Fletcher, a legendary instructor known for his teaching talents and for his terrifying methods, while leading the top jazz ensemble in the school. Fletcher is played with fearsome intensity by J.K. Simmons (The Closer, Juno, Spiderman). If you ever had a teacher or coach that was very tough on you, and that you occasionally hated with a passion - multiply that personality by 10 and you will have Terence Fletcher.

What I loved about the film is the idea that in the pursuit of a chance at greatness, the collateral damage is viewed as simply the price that one must pay. While most people aren't comfortable playing by those rules, the student and teacher in Whiplash both believe it wholeheartedly. They are both somewhat damaged goods, but when they get together both the damage and greatness explode on screen.

Whiplash may be hard to find in theatres, but it is coming to DVD on February 24th.

By Ted Rechtshaffen, President and CEO of TriDelta Financial
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For more information about TriDelta Financial and our services please visit us online at
Tridelta Financial - Toronto
Tel: 416-733-3292 ext. 221
2 Sheppard Avenue East, Suite 205
Toronto Ontario M2N 5Y7

Tridelta Financial - Oakville
Tel: 905-901-3429
146 Lakeshore Rd. East, Suite 200
Oakville, Ontario L6J 1H4