How to Teach Your Kids About Money [Article in Collaboration Fraiche Living]
Article by Tori Wesszer and LT Wealth’s Terry Wright, for Fraiche Living: To read the original article, click here. Most of us want our kids to grow up confident with money, but knowing where to begin can feel overwhelming. When Charlie recently asked his first real question about how to handle the little pile of […]
In the News: Is it time for THE TALK? [Article by Toronto Star]
Article by Renée Sylvestre-Williams, featuring LT Wealth’s Terry Wright, for Toronto Star: To read the original article, click here. With more grown children living at home due to high costs, parents wonder if they should be asking for financial contributions to the home When RosaLee Farquharson finished college and started working, she started pitching in […]
In the News: You want to inspire resilience: The art of making true successors out of heirs [Article by Canadian Family Offices]
Article by Renée Sylvestre-Williams, featuring LT Wealth’s Terry Wright, for Canadian Family Offices: To read the original article, click here. Teaching entrepreneurship and financial literacy can give the next gen a boost and help ensure family longevity. You might think that financial smarts are baked into the DNA of wealthy business founders and their families. […]
RRSPs and TFSAs – Structure Them Properly to Save Thousands
RRSP vs. TFSA Structure Did you know that the way you structure and set up your investment accounts could save you tens of thousands of dollars over your lifetime? The focus of our attention is often the investments or stocks within our investment portfolio, while the structure itself can be overlooked. For example, let us […]
‘Tis the season…for a family wealth review
Don’t Forget the Year-End Tax Savings Okay, maybe a family wealth review is not the first thing that comes to mind as the holiday season approaches. Most of my friends and clients are busy decorating their homes, planning vacations, and overall getting in the spirit. Here’s why it is a really good time of the […]
Save on Taxes When Selling Your Property
Principal Residence Tax Exemption in Canada Many of us are aware that when we sell our primary home, we generally do not have to pay any tax. This is referred to as the ‘principal residence exemption’, and it allows us to claim one property per year to be exempt from tax, so long as we […]
Income Investing with Dividends
Dividend stocks have a role to play in any portfolio, no matter the investor’s age or financial circumstance.
TFSA vs RRSP: Which is right for you?
TFSAs and RRSPs offer tax advantages that can help you achieve long-term financial goals. Here is our simple guide understanding both types of accounts.
Get Smarter About Money: 5 Tips to Get You On Track
Start the New Year right by reviewing and revamping your financial plan. Here are 5 financial resolutions to keep you on track in 2020.
Fifty Years Ago: The Day the Great Postwar Bull Market Died
This month’s client’s corner discusses three bear market crises we’ve seen in the last 50 years.