April 2015 Book a Meeting
 
 
The Either / Or Financial Decision

When it comes to making financial decisions most people focus on either/or scenarios; they make tactical decisions that may or may not reflect a larger financial planning or wealth accumulation context.

We often see these types of isolated, one - off decision choices illustrated in media articles that pose such questions as: Is it better to invest in an RRSP or pay down your mortgage? Should you take your tax...

Read More
 
Thinking Like the Rich

There are some things that the rich do and the way they think that makes them different from you and me. These habits contribute to their ability to build and maintain long-lasting wealth and financial independence across several generations.

The first lesson is that they tend to live below their means in terms of their lifestyle regardless of their income. Warren Buffett refuses to spend more than about $15,000 on a car. His logic is that any more money spent on a car, which is just basic transportation to him, would cost him multiples of money more than that in the investment returns he...



Read More   Print PDF
Naming Beneficiaries
for Your RSP’s


Most people list tax elimination or minimization as a top priority in their estate plans. For most, Registered Savings Plans (RSPs), which includes RRSPs and RRIFs, are one of their most significant assets. Most RSP accounts hold investment funds or securities that are very liquid, often accessible within a few days.

Unlike most other assets, you can choose a specific beneficiary to receive the proceeds of RSP accounts directly. By naming an individual in this manner, probate can be avoided. Often referred to as a...



Read More   Print PDF
 
 
Our Website
 
 
Our Services
 
 
Financial Library
 
 
 
About Us
 
 
Resource Centre
 
 
Money Tools
 
 
Challenges are what make life interesting and overcoming
them is what makes life meaningful.
Joshua J. Marine
 
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Please read the prospectus of the mutual funds in which you invest. The information in this email newsletter is general information only and is not intended to constitute specific legal, accounting, financial or tax advice for any individual.
 
Rick Putz Financial Inc. - 1018 Cypress Way,
Regina, SK S4X 4R5 - Ph: (306) 205-9262 ext.1