Friday 14 October 2011

What Freedoms can a Financial Plan offer?

Benefits of a financial plan

A solid financial plan can help you:

  • Provide for your family in the event of your death, disability or a critical illness
  • Secure a comfortable retirement
  • Control your debt
  • Fund a post-secondary education for your children
  • Minimize your taxes
  • Leave an estate to your heirs
  • Meet a variety of business protection needs
  • Provide affordable benefits for your company’s employees
  • Or as is the case for many Winnipegger's:

Tuesday 4 October 2011

Are we there yet?

Buying at the point of maximum pessimism
By Larry MacDonald
In past issues of The Boeckh Investment Letter, Tony and Rob Boeckh recommended using the current bout of stock-market weakness to rebalance toward equities. In their latest issue (Sept. 22, 2011) they advise holding off until better value emerges, as they now believe the decline is likely headed toward a more severe stage due to continued temporizing from policymakers.
In Europe, the banking system is in danger of a Lehman-style calamity unless sufficient liquidity and capital is injected. And with a default in Greece no longer being a question of “if” but “when,” the eurozone will be hard pressed to find an orderly way to manage it without triggering contagion and a run on the banking system.
In the U.S., the Federal Reserve needs to do more than change the composition of its assets (as it did recently under Operation Twist). It also needs to launch another expansion in its asset base, i.e.a third quantitative easing (Q3).
Governments need to retrench fiscally, but this should not be pursued in the short term while the world economy is in danger of falling into recession when heavy debt loads are to be paid. The first priority is to keep a downward debt-deflation spiral from taking hold; once that scenario is less of a risk, reining in government finances can be considered.
As for Asia, a sustainable solution to current world problems requires China and other chronic surplus countries to allow their currencies to rise. It’s time for them to switch more to growth based on domestic sources instead of exports, for the sake of achieving a more sustainable global growth path.
Unfortunately, it seems political paralysis will continue until markets revolt and spread fear and panic. The Boeckhs urge investors to get ready to rebalance toward equities on the major dips they envision occuring until inaction gives way to a vigorous and coordinated policy response.
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Wednesday 28 September 2011

NFC - Technology that will change revolutionize financial transactions for everyone.

Tonight, Seattle's Museum of History and Industry will be hosting an expert-hosted industry discussion about a technology that will replace your wallet (eventually). Read more from the forum below.

NFC is a technology that has been around for a number of years, but has been thrust into new prominence by an explosive growth in mobile phones, slated to reach five billion worldwide in 2011. With one chip, NFC enables trusted information sharing and secure business transactions to occur between paired devices. The resulting everyday applications – credit card, ID card, key card – could lead to real-life implications (from that of a wallet-less world to just-in-time target marketing) that were once the realm of movie makers and technology visionaries.

As NFC’s promise becomes reality, top players in key industries such as mobility (T-Mobile, Verizon), finance (MasterCard, Visa), retail (Amazon), and entrepreneurs (Qthru, Iota) are collaborating as well as vying to capitalize on the opportunities that this technology presents. During this lively and insightful discussion moderated by David Brudnicki, CTO of NFC software and system provider Sequent, we ask industry experts to elaborate on the promises and pitfalls of NFC, the key players, and how entrepreneurs can get in on the game.

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Tuesday 17 May 2011

Why I'm Writing This Blog

Why am I here?  Spiritually, I think I have almost found the answer but I will save that for later.  In terms of why am I here writing this blog, well, that is a very good question and I’m glad you asked.  I feel like I have some very helpful advice to share with those who need it.  I would hate for someone to have been able to use my service, and not be aware of my area of expertise and how I help so many clients.  So in short, I am writing this in case you need me.

For those who know me through business they may think I am too serious- but I am very serious about aspects of life that are no joke.  For those who know me well personally, they would say I am a jokester who loves to play sports- keep in mind that doesn’t mean I am funny or athletic.