Think Smart with TMFG

Episode 83: - Financial Evils Part 5 The 3rd Financial Evil: Debt

The credit market in Canada is now 28 billion dollars. 50% of all Canadians are facing insolvency. How are we functioning with all this debt and what are some of the common and most detrimental mistakes that lead us into this inescapable prison? What is the connection between investing and debt? Discover this and more today on ThinkSmart!

Episode 82: Financial Evils Part 4: 10 Strategies to Reduce Your Tax Bill

The ins and outs of TFSAs. How to tax allocate your portfolio from interest income from your GICs. How to use REITS to your advantage. Where should your fixed investments and equities live? The tax implications of active investing vs passive investing. How and when to trigger a capital loss. This and More today on Think Smart.

Episode 81: Financial Evils Part 3: Taxes

 

There is no question, that taxes are difficult to understand, and most people want to fall asleep the minute you mention them. However, many different types of taxation play a significant part in your finances. The list seems endless; from the little-known hydro tax to land transfer and investment taxes. Learn about marginal tax rates, average tax, and interest income versus dividend income.
 

This and More Today on ThinkSmart!

Episode 80: Financial Evils Part 2: 10 Strategies to Overcome Inflation

Inflation plays an enormous role in the stability of your financial future. Adjustments and best practices are required to keep your portfolio in check with the pace of inflation. Know how you are invested and that you will have peace of mind in retirement. 

Learn This and More Today on Think Smart!

Episode 79: Financial Evils Part 1: Inflation

Inflation is that incremental little evil that sneaks up on you when you are not looking. Inflation rates seem to have a mind all of their own in many ways. Why do we see this confounding lack of consistency in many areas; from housing to automobiles? Is it simply luxury items that fall victim to this unscrupulous rate of increase or is it more prevalent than we think? Are you certain that the way you invest your money will be able to keep up?
 

We explore this and more today on ThinkSmart!

Episode 78: Interview with Dr. Riley Moynes "Squeezing the Juice Out of Retirement" Part 3

Join us for the third and final part of our interview series with Dr. Riley Moynes as he discusses his latest book; "The Ten Lessons: How You Too Can Squeeze All the Juice Out of Retirement". What is the secret to a successful retirement? Reinvent yourself. Finding your purpose in retirement and contributing your unique knowledge to create a vibrant community, can help you to have an amazing sense of satisfaction in this extraordinary time of your life.

Learn This and More Today on Think Smart.

Episode 77: Interview with Dr. Riley Moynes author of the "The Four Phases of Retirement" Part 2

What is it that equals a successful retirement? You may be surprised that it's not only about financial success. 10,000 people are retiring every day in North America and this modern age can mean that 1/3 of your life is spent in retirement.
Dr. Riley Moynes discusses "The Four Phases of Retirement" in detail. Listen, as we journey through part 2 of his discoveries in this three-part series on financial education and retirement. 

We explore this and more today on Think Smart!

Episode 76: Interview with Dr. Riley Moynes author of the "Money Coach" Part 1

The life and times of Dr. Riley Moynes, including his work for many years in the field of education, as a teacher, as a consultant to various school boards, and even to the Royal Ontario Museum. In speaking with Dr. Moynes, he has always been passionate about education and learning. He took his first major steps as a financial educator with the writing of his book "The Money Coach". Listen as we journey through his discoveries in this three-part series on financial education and retirement. 

We explore this and more today on Think Smart!

Episode 75: The Upcoming U.S. Election Part 1

What impact will the Presidential election have on the financial markets? Taking a look back at the history and data, what are we able to predict for the future of world economies?
Which party has consistently been more successful over time at providing better market returns? We look at the many factors that define profitability in one election year vs another. From FDR to Obama what has the office of the President been able to contribute to the nation's wealth.

We explore this and more today on ThinkSmart!

Episode 74: How to Work with and Manage Multi Generations of Families

Over the years, we have worked with many Canadian families and generations within those families. We have found that some of the key factors to generational financial success are often found in creating a supportive open environment for families to communicate in addition to a well-organized and executed plan. Clearly understanding the needs of parents, children and grandparents can allow for easy life transitions. Whether it's buying a home, selling a family cottage, opening a trust account for your grandchildren or settling an estate. Join us today as we discuss in detail what we do as family advisors to help create that legacy.