Building wealth through investing is a vital part of any financial plan but can often be one of the most confusing and emotionally challenging experiences you will encounter. Many marketers promise “get rich quick” stock suggestions or sure-fire “market timing” schemes. It is easy to prey on most people’s desire to acquire wealth quickly without applying the diligence, prudence and sacrifice that is actually necessary.
We can often look into the rear-view mirror and feel as though we “should have done” this or that. This “noise” can often cause us to make mistakes as we try to catch the next trend, or cause us not to take action at all. In most cases, following this noise usually leads to losing money.Read More
1. Registered Retirement Savings Plan (RRSP) Save now, tax-free • Pay taxes later at a lower tax bracket An RRSP is the most effective retirement savings and investing tool available to most Canadians. It lets the money you invest grow unaffected by taxes until it is withdrawn. That means your money has the potential to […]Read More
Tax savings that benefit the whole family RESPs permit savings to grow tax-free until the beneficiary is ready to go to college, university or any other eligible post-secondary educational institution. Under the family RESP plan, if your child decides not to attend higher education, the RESP can be transferred to another beneficiary such as a […]Read More
Tax Free Savings Accounts (TFSA) were introduced in the 2008 Federal Budget effective January 1, 2009 to help us save and invest for our future. Canadians who are 18 years of age or older may contribute up to $5,500 per year to a TFSA. TFSAs are great because the earnings are tax-free. In Canada, only […]Read More
A multifaceted tool to serve your insurance, investment and tax sheltering needs Whereas temporary life insurance covers a variety of short term risks, such as providing mortgage protection or income replacement, permanent life insurance not only covers risks but also acts as an important vehicle to maximize estate and retirement planning as well as business […]Read More
"Mahshid is a knowledgeable insurance consultant who has delivered excellent service and advice to our family and our company. She recommended insurance products that provided the coverage requested at the best price. As well, Mahshid thinks “outside the box” to ensure that her clients are receiving the best insurance product for their current situation. I highly recommend her to anyone that has a family or company that needs that piece of mind from a trusted professional. "
All rights reserved © NikLife 2011 - 2018
website by Jahan Zeb