Below you'll find a list of all posts that have been tagged as “precisionfinancial”
Capital Gains Tax and the Value of Life Insurance in Canada Capital gains tax is a tax imposed on the profit made from the sale of a capital asset, such as real estate or stocks. In Canada, the capital gains tax rate is currently at 50% of the gain, and it is calculated by subtracting the adjusted cost base (ACB) …
According to various surveys conducted throughout Canada, over 57% of Canadians do not have a will. If you are part of that number, or feel like your will may be outdated, this article is for you. Regardless of your personal circumstances or relationship status, having an up to date will is one of the most important documents that you could …
Everyone at some point in their life imagines progressing from a place of just getting by financially to a place where money no longer is a worry (or as worrisome). This is why so many people strive for more financial security through promotions at work or by taking on a side hustle. For others, coming into money unexpectedly can yield …
This last couple of weeks we have seen a revolution of retail trading. While many folks still work from home and limit their exposure to the outside world, the stock market is reaching all time highs fueled in part by “cheap money”. With almost unlimited stimulus from the fed and low interest rate guidance for the foreseeable future, this trend …
What is a financial and investment plan? And why would YOU need one? Even though I am quite capable to change the oil in my truck, as I get older I find that I don’t have the time to do it on a regular basis. Thankfully, there are people out there that do this service for a living. The same …
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 …
Most of us have likely seen the saying “Spend money on experiences, not things” show up in our social media feeds. The saying is often accompanied by a gratuitous photo of a scenic landscape, or a photo of an individual facing away from the camera while they ‘gaze’ (squint?) into the distance. This saying is propagated as a holistic living …
Welcome to our new website! Read about some of the changes we’ve made to service you better.
