Comments on: This and That http://www.canadiancapitalist.com/this-and-that-38/ Helping you invest and prosper Sat, 11 Feb 2012 12:40:17 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: MillionDollarJourney.com http://www.canadiancapitalist.com/this-and-that-38/#comment-24327 MillionDollarJourney.com Fri, 16 Mar 2007 20:01:13 +0000 http://www.canadiancapitalist.com/2007/03/15/this-and-that-38#comment-24327 I apologize to those going to my site and getting an ERROR 404. My web host is in the process of changing servers, and they were gracious enough to do this without notifying me first. :S FT I apologize to those going to my site and getting an ERROR 404. My web host is in the process of changing servers, and they were gracious enough to do this without notifying me first. :S

FT

]]> By: Mike http://www.canadiancapitalist.com/this-and-that-38/#comment-24313 Mike Fri, 16 Mar 2007 16:48:14 +0000 http://www.canadiancapitalist.com/2007/03/15/this-and-that-38#comment-24313 Excellent point Phil, after my experience with LSIFs I'm very leery of "special tax" investments. Excellent point Phil, after my experience with LSIFs I’m very leery of “special tax” investments.

]]> By: Phil S http://www.canadiancapitalist.com/this-and-that-38/#comment-24309 Phil S Fri, 16 Mar 2007 16:25:36 +0000 http://www.canadiancapitalist.com/2007/03/15/this-and-that-38#comment-24309 You should use the same screening process for flow-through shares as you would with investing in a labour sponsored investment fund. You have to evaluate the specific investment on its own merits, rather than just diving in for the tax break. The tax break should only be considered the "icing on the cake", not a huge portion of the cake itself! You should use the same screening process for flow-through shares as you would with investing in a labour sponsored investment fund. You have to evaluate the specific investment on its own merits, rather than just diving in for the tax break. The tax break should only be considered the “icing on the cake”, not a huge portion of the cake itself!

]]> By: hepman http://www.canadiancapitalist.com/this-and-that-38/#comment-24306 hepman Fri, 16 Mar 2007 14:07:22 +0000 http://www.canadiancapitalist.com/2007/03/15/this-and-that-38#comment-24306 I'm a new financial advisor and can only speak for myself but I see three kinds of people. Those who have accumulated a fair RRSP portfolio and are nearing retirement. To these people I look to increase diversification, reduce risk and look to incresaed capital preservation. I don't ever suggest punping more money in unless they are looking for the tax break. Second are people who have done little to save so far and need to start saving something now. They have little hope of getting to 40% let alone 100% of pre-retirement income. I tell them to save as much as they can , period. Last are young peeople. I tell them if they start early (say 25) by investing $25/week over 40 years they will do fine, better if they increase savings later in life when they have more free cash to invest. I’m a new financial advisor and can only speak for myself but I see three kinds of people. Those who have accumulated a fair RRSP portfolio and are nearing retirement. To these people I look to increase diversification, reduce risk and look to incresaed capital preservation. I don’t ever suggest punping more money in unless they are looking for the tax break. Second are people who have done little to save so far and need to start saving something now. They have little hope of getting to 40% let alone 100% of pre-retirement income. I tell them to save as much as they can , period. Last are young peeople. I tell them if they start early (say 25) by investing $25/week over 40 years they will do fine, better if they increase savings later in life when they have more free cash to invest.

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