Articles written by: Deborah Leahy

Photo courtesy of stock.xchng.
Columnists

Financial Fitness: Take into account each of your accounts

You’ve got one investment account here, your RRSP and TFSA there, and some more assets over at that other place. You’re “diversifying,” right? That tactic could be raising your risk, inviting costly fees and preventing you from creating a sound retirement strategy. It is not uncommon for investors to think […]

Photo courtesy of stock.xchng.
Columnists

Financial Fitness: Are you prepared for the unexpected?

When you’re working to achieve your financial objectives, you will encounter obstacles. Some of these can be anticipated—for example, you won’t be able to invest as much as you want for retirement because you have to pay for your mortgage. Other challenges can’t be easily anticipated, but you can still […]

Photo courtesy of stock.xchng.
Columnists

Financial Fitness: It’s time for your checkup

December is a great time for a year-end financial checkup. It is also the perfect time to meet with your financial adviser to discuss your current and future financial goals. In addition to making sure you don’t miss any investment opportunities before 2013 wraps up, your adviser can work with […]

Photo courtesy of stock.xchng.
Columnists

Financial Fitness: On a stock roller coaster? Don’t get mad — get evened out

It’s easy to get emotional about stocks, especially when markets behave like roller-coaster rides. That’s why it’s a good idea to stay disciplined in your approach to stock selection. It sounds simple, but the fact is that ignoring short-term gyrations and holding an array of quality stocks for the long […]

It's almost harvest time. Be patient and keep feeding your portfolio.
Columnists

Financial Fitness: How to reap a great investment harvest

Harvest season may not mean that much to you if you don’t work in agriculture. Nonetheless, you can learn a lot from those who do—especially in your role as an investor. Here are a few of these lessons to consider: “Feed” your portfolio. Through the proper combination of fertilizers and […]

Photo courtesy of stock.xchng.
Columnists

Financial Fitness: What the heck is an annuity anyway?

When it comes to retirement income, registered retirement income funds (RRIFs) are by far the most popular choice for Canadians. About 80 per cent of us convert our registered retirement savings plans (RRSPs) to RRIFs. But while RRIFs are suitable for most retirees, they aren’t for everybody. For some, an […]

Photo courtesy of stock.xchng.
Columnists

Financial Fitness: Have business succession plans

If you own a business, you may follow a “do it now” philosophy—which is, of course, necessary to keep things running smoothly. Still, you need to think about tomorrow, which means you’ll want to take action on your own retirement and business succession plans. You’ve got some attractive options in […]

If you're looking for a flexible savings vehicle, take another look at the tax-free savings account. (Image by damianosullivan)
Columnists

Financial Fitness: Reduce investment stress

We know that stress can have many adverse affects on our lives and can affect the quality of our health. Cutting out stressors, including in investment activities, can have a positive affect. But how? Here are a few possible stress-busters. Know your risk tolerance. If you’re constantly worrying about the […]

Retirement image courtesy of stock.xchng
Columnists

Financial Fitness: The trick is to stay on track for retirement

Living paycheque to paycheque? Unexpected expenses regularly throwing your retirement savings goals off-track? This is a good time to schedule a financial-planning checkup with a financial adviser. The key to staying on track for retirement is having a plan. Contrary to what you may think, developing a proactive plan is […]

Photo courtesy of stock.xchng.
Columnists

Financial Fitness: Estate planning isn’t just about dollars and cents

When people hear the words “estate planning,” they often assume it’s an activity only for retirees or near-retirees, but if you have a family, it’s never too soon to create your estate plan. Estate planning can seem like a daunting task, but you’ll find it easier to handle if you […]