We’ve previously written about a few famous singers who have succumbed to illness or have died in the past few years or so. This next singer is no exception. Although not as famous as her peers in the music industry, Amy Winehouse proved herself to be an exceptional songstress with a beautiful voice. She passed […]
Robert Read, a former (deceased) janitor from Brattleboro, Vermont, had a keen eye for picking out stocks. Known outwardly as a frugal and unassuming penny pincher, the local residents of Battleboro were shocked when news of his $8 million dollar fortune came to light. Indeed, his most expensive purchase was $5,000 for a Toyota, and […]
Teaching is not normally thought of as a lucrative position; in fact, it’s considered to a be a profession that people go into because they are “passionate” about teaching. It comes as a shock, then, when some professors and teachers leave behind a fortune – and a great legacy – to their students, their communities […]
Canadians are financially struggling; there is no doubt about it. Obviously managing your finances in a time after the 2008 recession, the global pandemic and an economic downturn is more difficult than they were in the previous decades. But Canadians may not be as financially savvy as they think they are. One study showed that […]
Do you remember when your parents sat you down to have “the talk”? At that time, it was the last thing you wanted to hear and likely included some anxious moments and uncomfortable feelings. Well, it could be time to think about another “talk” but, not with your kids – with your parents.
Investing on a consistent basis is important. If you’re going to achieve your retirement and other financial goals, you should consistently contribute to your RRSPs, TFSAs and non-registered investments. “Paying yourself first” through monthly contributions is an excellent strategy to build an investment portfolio.
Accumulation Annuities (AA’s) are an often over looked Estate Planning or Small Business Planning tool. They are an insurance industry guaranteed investment product that is very similar to banking industries Guaranteed Interest Certificate, but with two very desirable advantages.
The late South African leader, Nelson Mandela, left behind a legacy and an estate amassing $4.6 million (South African rand) for his loved ones. First off, his family trust received $130,000. That does not even include the royalties attached to the trust. Mandela’s third wife, Graca Machel, was entitled to half of his estate Mandela’s […]
Succession planning isn’t something you expect to learn about from Archie comic books.
