| Fiscal
Agents celebration delivers undeniable message: GICs rule |
 |
|
Fiscal Agents founder David Newman took a look around at the crowd gathered at
the 30th-anniversary party held at the Kensington Retirement Residence on
Oct. 29 and saw nothing but happy faces. Remember, this was right in the middle
of dark announcements of a crisis in world-wide financial markets. So why the
smiles among the Fiscal Agents clients invited to the party.
"They're all invested in GICs," Newman said with a smile. "Their
investments are safe, they're all guaranteed, they've got nothing to worry about."
Guests at the event included Linda Leatherdale, money editor of the Toronto Sun,
National Post Wealthy Boomer columnist Jonathan Chevreau and Forever Young national
editor Don Wall. Leatherdale spoke and praised Fiscal Agents for its successful
2004 crusade to convince the federal government to increase CDIC insurance coverage
of bank deposits.
Use the Read
More link to view the complete article. |
Tax
Free Savings Accounts -
Don't leave your portfolio without one... |
 |
|
We covered the new products introduction a number of months ago. As a refresher
here are the links:
This
article by Jamie Golombek, CA, CPA, CFP, CLU, TEP, talks about the difference
between making a contribution to an RRSP Vs TFSA the math...
This tax bulletin from Standard Life gets into the Nitty Gritty of a TFSA. The
latest
edition of Taxing Issues goes beyond the basics to offer an in-depth analysis
of the legislation behind Tax Free Savings Accounts. Learn about such topics
as qualified investments, prohibited investments, what happens to TFSAs upon
the death of a spouse, and how penalties are applied.
The governments TFSA calculator spells out the benefits the savings accounts
offer.
Government sites
Read more
Canadian
TFSA compared to US and UK counterparts
|
| Tax
Free Savings Accounts -the basics |
|
|
 We've
provided a brief guide to give you a heads-up on the latest investment option
available to all Canadians in the new year, detailing their specifications, advantages
and availability.
Use the Read
More link to view the complete article. |
Who
would have thought -
A Furnace Recall and the dangers to your life
|
|
|
 Earlier
this week (Dec 2/08), one of our clients had a major home fire. Thankfully no
one was hurt. The insurer responded quickly and is adjusting the claim, but needless
to say it was a terrible experience for our client (especially a month before
Christmas).
While the cause has not been officially determined, early indications are the
fire MAY have started from the HRV unit in the furnace room.
Use the Read
More link to view the complete article. |
Found
on the web
ICE - 'In Case of Emergency' |
|
|
 We
all carry our mobile phones with names & numbers stored in its memory but
nobody, other than ourselves, knows which of these numbers belong to our closest
family or friends. If we were to be involved in an accident or were taken ill,
the people attending us would have our mobile phone but wouldn't know who to call.
Yes, there are hundreds of numbers stored but which one is the contact person
in case of an emergency? Hence this 'ICE' (In Case of Emergency) Campaign.
Use the Read
More link to view the complete article. |
|
|
 |
Today's
Market Rates |
|
|
| |
Taken from the FiscalAgents.com
Money Centre, as of 29/12/08
| Term
Deposits |
2.75%
|
Annually,
270-364
Days, $25,000 |
| GICs |
4.10%
|
| Annually,
5 Year, $5,000 |
| Maximum
Rate |
4.25%
|
| Annually,
5 Year, $25,000 |
| RRIFs |
4.55%
|
| Annually,
20 Years, $50,000 |
| RRSPs |
4.10%
|
| Annually,
5 Year, $5000 |
| Savings
a/c |
2.70%
|
| Daily |
|
Click the link below to view our best-offered rate table.
|
|
|
|
|
|
 |
|
Mutual
Fund Statistics:
November 2008 |
|
|
|
| Assets
under management: |
|
$552.1 billion |
| Net
sales (excl.reinv.distr.): |
|
-$909.8 million |
|
|
|
|
|
|
|
|
Subscribe! |
|
|
| |
|
Was our newsletter
forwarded to you by a friend? You can sign up to receive our newsletter every
month from our website's newsletter subscription section. |
|
|
|
|
|
|
|
