Smarter Financial Planning

This is one of the peculiarly dangerous months to speculate in stocks. Competence: the individual or group making investment decisions must be equal to the most competent available. This is the highest licensing available and is only awarded to those the Securities Commission deems highly competent.

The professional financial planner will gather all relevant financial information from you, such as details of assets and liabilities, income and expenses, tax returns, insurance policies, employment benefit and pension details and estate planning documents. In order to provide appropriate recommendations to you, the planner must help you clarify your specific goals and objectives.

It dawns on me that I have come from a place of hating the whole investing thing finding it confusing with little success to now when I find it interesting and something I like doing. As of late a well paying hobby if you will. I owe so much of this to you Derek, thank you for showing me the way. When I reflect on it there is so much stuff out there of contradictory information is it any wonder it is confusing.

Rob Carrick discusses the importance and value of a proper financial plan, and outlines some typical costs. Financial Planner Derek Moran R.F.P. of Smarter financial Planning Ltd. discusses an increase in advisor fees with this client's situation in Investor Clinic: The Globe and Mail. An intersting article republished (c) 2010 The Globe and Mail on investing an inheritance.

They have four rentals, with a present value of $2.29 million, yielding a 3 per cent return. This Alberta couple wants a bigger house - but will they have to sacrifice their retirement to get it? If Ravenna continues to reject equity returns and keeps her savings in low-yield bank deposits, her future will be bleak.