Wealthbuilder Winter 2021 Edition
New year, new normal: what’s the best strategy? As the new year begins, it’s difficult to know what kind of financial and investing challenges await us.
New year, new normal: what’s the best strategy? As the new year begins, it’s difficult to know what kind of financial and investing challenges await us.
It’s Financial Literacy Month and the first thing you should know is it’s not a one-size-fits-all situation. What does this mean to you? “It’s better to have a plan than to have anxiety,” says David Dryburgh, Associate Investment Advisor with Action Financial Group, HollisWealth, a division of Industrial Alliance Securities Inc. and Insurance Advisor with …
Keep investing: these 3 tips help you stay committed to your plan In this year of the pandemic, you may well be tempted to put your investing habits on hold. If you’ve lost income, that may be a prudent course of action.
If there is one thing we have all learned through the pandemic, it is that life goes on. Finances are a tool, “never an end in themselves, they are just a means to an end” to quality of life, says Karin Rimnyak, Investment Advisor with Action Financial Group, HollisWealth®, a division of Industrial Alliance Securities …
Feeling fearful when markets turn? Time for a risk reality check Depending on your age and investing experience, the market downturn in March caused by the COVID-19 crisis may havebeen a real shock or just the latest in a series of unfortunate events in your investing life. Either way, these types of market gyrations bring …
In an unprecedented time where personal hygiene is a heavy topic of conversation, everybody wants to come out of this Covid-19 pandemic healthy. Some hygiene practices are done daily while others are weekly, monthly or yearly. “Financial hygiene is just like personal hygiene,” says Karin Rimnyak, Investment Advisor with Action Financial Group, HollisWealth, a division …
Consider CERB tax implications and other ‘financial hygiene’ practices during pandemic Read More »
You can go to the drug store and buy a tooth whitening kit, dental floss and toothpaste: all very important and useful tools in dental care. If you go to the dentist and she does what she is trained to do with the special tools to do it, she will give you advice that looks …
Christmas is a time for celebration…and for some a year-end bonus. If you’re so lucky enough to get a bonus, what should you do with it? Or, what shouldn’t you do with it? “First of all, recognize that you’re really fortunate because not every person gets a year-end bonus,” says Karin Rimnyak, Investment Advisor with …
Don’t let Christmas spending burn a ho- ho- hole in your wallet Read More »
The 1980’s cartoon G.I. Joe episodes ended with a public service announcement that “knowing is half the battle.” Whether you recently filed, are spending your refund or moaning and groaning about not getting a refund, this is what you should know about your income taxes. “If you want to change the outcome (of your income …
One-third of Canadians rely on winning a lottery or a large inheritance to secure their financial future, according to a couple of polls in recent years. “You have better odds investing in your retirement than relying on long shots,” says Karin Rimnyak, Investment Advisor with Action Financial Group, HollisWealth, a division of Industrial Alliance Securities …