BUY AN INSURANCE TAX SHELTER – The life insurance industry is a tax haven, and will likely always enjoy that status, because of all the special laws created just for it. You can spend time wondering why, or you can use their heavily favoured status to your advantage!
WHAT IS A SEGREGATED FUND? A Segregated Fund (Seg Fund) is a type of investment fund administered by Canadian insurance companies in the form of individual, variable life insurance contracts offering certain guarantees to the policyholder such as reimbursement of capital upon death. As required by law, these funds are fully segregated from the company’s general investment funds, hence the eponym. A Seg Fund is synonymous with the U.S. insurance industry “separate account” and related insurance and annuity products.
BUY IN NOVEMBER AND GO AWAY IN MAY – The Chart below proves that going back to 1950 using the S&P 500, historically the strongest quarter is the 4th quarter. So when you “connect the dots” with what happened last week, and President Trump announcing the Promised Tax cuts that we have all been waiting for we could see a very strong rally about to start.
HOW CAN DEMOGRAPHICS HELP YOUR RRSPs GROW FASTER? Why are you investing your money in RRSPs? Most people do it to get the tax savings. But as the money starts to grow they then realize that having money grow for retirement is a good thing. It’s the old saying “Live for today but plan for tomorrow”.
CAN YOU MAKE MONEY USING A STRATEGY CALLED “CONNECTING THE DOTS”? I have been showing clients how to use this strategy ever since I read about it in an investment publication created by Tony Sagami, the only person I know that predicted the tech market selloff in the year 2000, therefore saving many investors from losing money.