Happy Belated Canada Day! I hope you’re finding some time to take off this summer, or at least getting a chance to enjoy the sun we’ve all been waiting for. This month’s topic is a little less fun to talk about, but is one of the most important things you can do when managing your wealth. I am, of course,…

I hope your June is going well. It’s been a long time coming, but we’re finally starting to get the summer weather we’ve been waiting for. Last month, we spent some time discussing some of the more “mainstream” asset classes. I refer to them as mainstream because stocks or bonds are accessible to almost everyone. Now, I’d like to go…

I hope this letter finds you in good health (physically and financially). Today I want to talk about public investments and how they can help you meet your goals. Your job isn’t to become an expert in investments (that’s why you hired me), but it helps to know the basic options you have in the public markets. Public investments are…

I’m often asked what makes Kismet different from other wealth managers. The fact is, most wealth management firms are only concerned with increasing their assets under management (AUM). They earn a percentage based on the funds they manage, and all the other services are just part of a long sales pitch to get you to trust them with your investments.…

Tax season is just around the corner, and as you gear up to write that cheque to the government, you’re probably realizing how much tax you owe on your investments. As your portfolio grows, you are going to find you have more than enough money to fill up both your TFSA and RRSP. At this point, you’ll need to start…

One month down! Are you meeting your goals, or already scrambling to catch up? I can’t help you with that pesky stomach fat, but as tax season looms closer, it’s a good time to think about everybody’s top investing question: RRSP or TFSA? Ideally, you are able to max out your contribution room in both accounts this year, but if…

Happy New Year! I hope the holidays treated you well and that you’ve managed to keep up your resolutions so far. The start of the year is the best time to assess the status of each of the different areas of your life. That also makes it a great time to assess how your investments have performed over the last…

At 22 years of age, Victor Godinho has become a homeowner. He purchased a two-bedroom, 750-square-foot unit at Ten88, a new townhouse condominium under construction in Toronto.

CAMILLA CORNELL, SPECIAL TO THE TORONTO STAR When Cris Lam bought her pre-construction Toronto condo in 2014, she was in the enviable position of having a big enough down payment to avoid mortgage default insurance fees. Even with her parent’s contribution, Lam needed a financial planner’s help. She met with Victor Godinho, a financial planner with Pangea Personal Financial Planning,…

Canadian couples with significantly different incomes may want to consider using a spousal RRSP to help cut their tax bill in retirement, but experts say it’s all about balance.