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Sudden Wealth Syndrome | Pitfalls and Possibilities

Curtis Haigh Blog

Most of us know somebody who has “struck it rich”. Whether that be a high income promotion, winning the lottery, a divorce settlement; or an inheritance. Sudden Wealth Syndrome is a typical effect after a financial windfall. It can cause a sudden and unexpected life transition for individuals and families. For the most part, many people are not prepared or …

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Household debt in Canada, brace for reckoning

Curtis Haigh Blog

Household debt in Canada has reached a ballooning 2.16 Trillion dollars.¬† That is Trillion spelled with a “T”. Where is all of this debt coming from? Well, its not just your traditional mortgage debt – it is credit card debt, consumer credit debt, vehicle loans, and home equity lines of credit (HELOC’s). The potentially damaging factor in rising home equity …

Investment Fees Mini Series | Part 2 | Sales Charges

Curtis Haigh Blog

  This blog is a continuation of our Precision Financial Mini Series on investment fees. As an investor, it is important that you understand what sales charges and investment fees you will pay once you and your financial advisor or financial planner agree upon an investment plan.¬† In our previous blog, we spoke about a recurring annual fee called a …

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Many women are investment decision makers in their household

Curtis Haigh Blog

In a poll conducted in March by the CIBC, it found that Ninety-Two per cent of Canadian women with investment portfolios are primarily or equally in charge of household financial decisions.¬† ¬†Interestingly enough, only half said they feel confident or have the knowledge to actually invest. The Decision Maker In this same poll, Forty-six per cent of women said they …