Stock markets are not static and move both up and down. As a result, your asset mix—that is—the basket of different types of investments that make up your portfolio, may have shifted. Over time, your portfolio may have become weighted towards fixed income and away from equities, or conversely, overweighted in equities and underweighted in bonds. It’s important to regularly rebalance your portfolio.
Feel free to contact me or visit my website for more information.
Douglas J. Bodtcher Investors Group Financial Services Inc.
780-448-1988 ext. 284
Douglas.Bodtcher@investorsgroup.com
Beautiful and well maintained property. Large master bedroom with a full 4 pce. ensuite bath. Good size Island kitchen with eating bar with access leading to the deck. The second bedroom on the main floor has been converted into a large formal dining room. For your convenience the laundry is situated on the main floor. The basement is fully finished with 2 more bedrooms and a den.
Click here for more details or call today to view in person! 780-634-8151
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This great Rutherford 2 storey home offers close to 3,000 of developed living space. Conveniently located with quick access to major traffic arteries, schools, plyground, trails, ponds, public transportation and shopping. The open main floor plans looks very spacious with 9 foot ceilings. The kitchen features walkin pantry, counter with eating bar. The living room has gleaming hardwood floors and a gas fireplace. Upstair has a large bonus room and the bedroom. The master bedroom has a 4 pce. ensuite bath and walkin closet. The basement is fully finished with a 4th bedroom, another 4 pce bath, and large rumpus room. From the eating area there is a door leading to a large deck and fenced back yard. *For more information visit realtor’s website*
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Tax-Free Savings Accounts (TFSAs) are a nearly brand new and quite flexible investment vehicle; Registered Retirement Savings Plans (RRSPs) have been a vital tax-advantaged retirement savings opportunity for many years; and non-registered investments are an important component of virtually every financial plan. If you are currently weighing the advantages of each of these investment options as you restructure your investment portfolio to match your overall financial goals during this difficult economic climate, you need to know how each is taxed. So let’s compare the tax treatment rules for TFSAs, RRSPs and non-registered investments.
There are tax and income-building advantages and disadvantages to each of these investment options. You need to look at them in relation to your overall tax situation and financial objectives. Your professional advisor can help you make the right decisions for your unique situation.
Feel free to contact me or visit my website for more information.
Douglas J. Bodtcher Investors Group Financial Services Inc.
780-448-1988 ext. 284
Douglas.Bodtcher@investorsgroup.com
Tags: money tips Posted in Edmonton, Investing, RRSP, Tips | Comments Off on Tax rules for TFSAs, RRSPs, and non-registered investments – know the differences
Accessories are what give an interior soul and help distinguish a home from a furniture showroom. When accessories are done right, they tell the story of the owners’ lives — their passions, their travels … and maybe even their heartbreak. But accessorizing a house can be a scary thing. We’re often unsure what to include, what to leave out and how to arrange the things that remain. Fear not. Once you understand the principles, accessorizing can be a snap.
Look around your house, attic, basement and yard for potential accessories. Sometimes it’s not the thing itself, but how you display it, that counts. Common objects like stones, shells or pinecones make great accessories — if you gather enough of them and display them in an attractive bowl. Arrange costume jewelry on a tray or fill a bowl with decorative matchbooks. The next time you travel, skip the T-shirt shop and head for the antiques store, craft gallery or flea market. You’ll come home with something attractive and a story to go with it.
The bottom line: If you have fun with your accessories, your family and friends will get pleasure from them, too.
Often by playing it safe financially, you think you’ve protected yourself from investment losses. Think again. Sometimes the price of playing it safe is the erosion of your money over time thanks to inflation. Certain investments often thought of as being safe may not keep pace with inflation, especially after considering taxes. The best way to ensure your investment stands the test of time is by investing in a diversified portfolio. A diversified approach should include exposure to higher yielding equity mutual funds. If your portfolio is appropriately diversified and tailored to your time horizon and tolerance for volatility, you’ll ultimately be playing it even safer over the long term.
Feel free to contact me or visit my website for more information.
Douglas J. Bodtcher Investors Group Financial Services Inc.
780-448-1988 ext. 284
Douglas.Bodtcher@investorsgroup.com
If you’re planning on finding your next dream home, then you’re probably going to view several homes on the market that meet your criteria.
You will want to make the right purchasing decision for you and your family. So, it’s wise to be savvy when viewing properties for sale. Here are some ideas on how to do that.
Bring a notepad. Take notes, not only of the home’s characteristics, but also of how you feel. For example, can you imagine yourself happily cooking up a storm in the kitchen? Do you see yourself entertaining family on the back deck?
Bring a measuring tape. Will the furniture you plan to bring fit? Your dining room suite? Your home fitness equipment?
Ask about maintenance. Is the property in a good state of repair? Will anything need to be replaced soon, such as the windows?
Bring a camera. Take lots of pictures of the home’s exterior features. Don’t make the mistake of thinking you’ll remember how everything looked.
Check out the area. Do other homeowners take good care of their properties? This shows pride of ownership. How is the noise level? Is there a playground, or another area feature nearby?
Make a list of compromises. For example, are there only two bathrooms instead of three and, if so, can you live with that?
Make a list of bonuses. What features does the home have that, are not a necessity, but would be nice to have? For example, an entertainment bar in the basement recreation room.
Remember your budget. Isthe price within your range? Can you afford to buy this home?
The savvier you are when viewing properties on the market, the more likely you will be to find your next dream home.
To View & Search All MLS Listed Houses for Sale Visit Us At:
Perfect starter home or Investment property. Lowest priced single family home in Millwoods. Kitchen was recently remodeled with new cabinets, counter tops, light fixtures, and large island with eating bar. The main floor has an open concept floor plan. Some of the renovations are not completed and would need the buyer to complete themselves… it would be a great way to gain some equity in your new home.
Click here to view more info and see more photos or call today for a showing.
Serge Bourgoin
Senior Managing Partner
Team Leading Edge
RE/MAX ELITE
780-995-6520
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Investors are led to believe they pay no fees when investing in Guaranteed Investment Certificates (GICs). The truth is that the interest you are paid on a GIC is much less than what the bank earns when they subsequently invest your money in loans or mortgages.
Feel free to contact me or visit my website for more information.
Douglas J. Bodtcher Investors Group Financial Services Inc.
780-448-1988 ext. 284
Douglas.Bodtcher@investorsgroup.com
Watch the video What you need to know about your credit score and how it can affec you? Hi, Chita, what is credit, credit reports, and why that are crucial for mortgage approvals? What is Credit? Borrowed money. Mortgages, installment loans like vehicle and personal loans, credit cards and lines of credit. (Hence, utility bills […]
What Buyers Need to Know About Unpermitted Renovations When you’re searching for your dream home, it’s easy to get excited about features like a new kitchen, upgraded bathrooms, a finished basement, or a nice backyard deck. But these upgrades can turn into big problems if they were done without the proper permits. If the renovations […]
“Edmonton Real Estate Warning: Market Shift Coming? | My Spring Prediction Is Playing Out” If you are thinking of selling, I tried to warn you… If you have been following me for a while now you know that in the new year I had predicted that we were going to have a very strong spring […]
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