Bloom Wealth Investment Consulting
Assante Newsletter
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Should you split your CPP/QPP pension?
December 25, 2017 • Retirement Planning
Canada’s tax laws allow you to split your Canada Pension Plan (CPP) or Quebec Pension Plan (QPP) benefits with your spouse, a strategy that’s well worth considering if one of you is in a substantially higher tax bracket than the other. “Pension sharing” moves pension income from the spouse in the higher tax bracket to [...] Read more…
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The Big Picture - Europe turns a corner
December 12, 2017 • The Big Picture
During the early aftermath of the global financial crisis in 2008-09, Europe’s sovereign debt situation made regular headlines.
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Plan now for year-end to-dos
September 24, 2017 • Financial Planning
Why wait for the busy holiday season to take care of your end-of-year financial tasks, like charitable donations and RRSP top-ups? These simple steps can help reduce stress by giving you a head start on your financial to-do list. Read more…
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When the nest empties, life changes
September 24, 2017 • Estate Planning
When children grow up and leave home, it can be an emotional time. But then, practical matters come into view, including insurance updates and the benefits of downsizing. Taking time to consider the financial side of an empty nest can benefit the whole family. Read more…
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Simplify your financial life
September 24, 2017 • Financial Planning
Have investments spread out across different financial institutions? You’re not alone. But instead of trying to juggle different accounts, statements and fees, consider how consolidating your investments in one spot can bring you closer to your goals. Read more…
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Is it better to invest a windfall all at once or a bit at a time?
September 24, 2017 • Investment Planning
Dollar-cost averaging – investing small amounts regularly – is a proven investment strategy. But what if you come into a large amount of money from an inheritance or other windfall? Then, it’s important to weigh the benefits of making periodic investments versus investing it all at once. Read more…
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What if your child boomerangs back?
September 24, 2017 • Lifestyle
An empty nest won’t necessarily remain empty. According to Statistics Canada, 42% of young adults aged 20 to 29 live with their parents. Even at ages 25 to 29, 25% are back home.¹ A child can move home for any number of reasons — a low-paying job, unemployment, an ended relationship. Or a child might [...] Read more…
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Spending the winter stateside?
September 24, 2017 • Tax Planning
On February 7, 2017, a bill was presented to Congress proposing that Canadians over age 55 can stay in the U.S. up to eight months each year without having to file U.S. taxes. But until that bill passes, it’s critical to keep track of how many days you’re stateside. Overstay your welcome and you may [...] Read more…
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The Big Picture - The lagging Canadian market
August 25, 2017 • The Big Picture
These days Canadians may be feeling a bit jealous of their U.S. neighbours, but not necessarily for their political environment.
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Selling your home? Be sure to abide by the new tax rules
June 24, 2017 • Tax Planning
When you sell your home, any increase in its value since purchase is tax-free as long as it was your principal residence. But the tax rules changed recently. Now, you must report the gain on your tax return in order to get the principal residence exemption. Read more…
© 2018 Assante Wealth Management
Assante advisory services are offered through Assante Capital Management Ltd. and Assante Financial Management Ltd. Assante Capital Management Ltd. is a Member of the Canadian Investor Protection Fund and Investment Industry Regulatory Organization of Canada. The services described may not be applicable or available with respect to all clients. Services and products may be provided by an Assante advisor or through affiliated or non-affiliated third parties. Some services and products may not be available through all Assante advisors. Services may change without notice.
