Are you paying too much tax?  Have you considered making your mortgage tax deductible? 

Jamie Broughton

Tuesday, January 29, 2008
7:00pm
North York Civic Centre, Committee Room # 3

They say that poor students make the best teachers. That’s good, because Jamie spent over 20 years trying to figure out this leadership thing. He spent much of his life being shy, unsure and understated. He had an average, “OK” life as a result.

We trust you are enjoying the beautiful summer like weather. It's a great break from the endless winter we seemed to have had.

Here are 5 ideas that you can implement to increase your wealth and reduce taxes.

By David Grossman

With interest rates as low as they�ve been in 50-years, the Canadian real estate and mortgage business have been fueled to higher levels than we�ve seen in a long time. To expand their share of the increasing mortgage business, lenders are offering innovative mortgage products to make borrowing easier and more convenient than ever.

Here is a forecast of what you can expect for 2005.

Putting tax-smart strategies to work for you is almost as important as growing investments when it comes to wealth management. Review this checklist to make sure you�re not overlooking any strategies that could help reduce your tax bill for 2005 and beyond.

Though you may only meet a few times a year with your financial advisor, there are a number of steps that can be taken throughout the year to improve your financial well-being. This handy calendar contains tax and planning tips that can help you save money year-round. Please feel free to contact me at the number above if you wish to discuss any of these strategies in greater detail.

While money market investments or cash can be an important part of a diversified portfolio, leaving a large portion of your portfolio parked is like putting the brakes on growth.

In this issue of Financialmentor.ca, we will discuss the following:

1) The New Budget and proposed Changes
2) An exclusive interview with Aim Trimark Income and Growth Fund manager, Geoff MacDonald

Welcome back to 2005. Many of you have had a chance to recharge your batteries and are gearing up for a busy year.

With the start of the year comes a time we refer to as �RRSP Season.� Generally speaking, it� results in a lot of last minute decisions based on deductibility amounts and available cash on hand. Very often, we will get a call on February 28th from a frantic client who wants to make a last minute contribution.

So, if you are Feeling the Pressure this RRSP Season, our suggestion is�relax and take a good look at your strategies.