What if I Suffer a Critical Illness ?
Posted on:Many falsely believe they will not be victims of a critical illness like cancer, heart attack or stroke. They also believe that if they do experience a serious illness, the healthcare system will look after them. Nothing could be further from the truth. It took Darren almost 3 years and dozens of chemotherapy sessions to beat his cancer. His wife, Jolene, covered most of the bills during his…
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NIRP, ZIRP and You
Posted on:In his early July testimony before Congress, US Federal Reserve Chairman Jay Powell. Mr. Powell stated that the Fed funds rate will be reduced, given lower than expected U.S. inflation. This follows on the heels of President Trump’s demands for lower interest rates to help support the economy and more specifically the US stock market. As anticipated, in late July the US Federal Reserve lowered…
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Pay Yourself First for Financial Success
Posted on:A fire breaks out in a movie theatre. You're there with your spouse and children, as are several local merchants. Who do you save first? The butcher? The banker? The hardware store owner? Their families? Or your family and yourself? A ridiculous question. Of course you would save your family and yourself first. Then why don't we use the same principles with our money? All too often the butcher,…
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Finding the Right Retirement Location
Posted on:Grant and Sarah are planning on retiring within the next two years. Paul and Linda, already retired, are thinking about making a move. Whether you are about to retire or are already retired and considering a change, you should consider: Where you want to retire is one of the biggest decisions you will make. Do you want to stay close to your hometown or venture somewhere new? How will this affect…
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Law of Large Numbers
Posted on:Over the next several years, governments in advanced countries will likely continue to struggle with mounting debt burdens and the associated rising costs of servicing that debt. It is also noteworthy to remember that total government debt continues to increase every year because of deficit spending. So how does the Law of Large Numbers apply here? Simply put, at some point the whole debt…
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