RESP - The Definitions

Geoff Cook - CFP, CHAIP

With rising costs of living and education more and more people are taking advantage of the Registered Education Savings Plan (RESP).In Canada we have a program to help us save for education by offerin...

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What's going to happen in 2014

Geoff Cook - CFP, CHAIP

 Below is a complilation of the outlook for 2014. Highlights include, The Economy, Jobs Growth, Market Forcasts and much more.Blackrock Investment Institute - 2014 Outlook    ...

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[Video] - How The Economic Machine Works

Geoff Cook - CFP, CHAIP

In this video we are privileged to have one of the most succesful investors on the planet, Hedge Fund manager Ray Dalio of Bridgewater Associates explain how the economic machine works. I have al...

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A meeting with Norm Lamarche

Geoff Cook - CFP, CHAIP

Last week I had the opportunity to sit and listen to a presentation at our head office by Norm Lamarche.Norm Lamarche is a veteran investor who has made a name for himself over years by bringing treme...

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Investment and Market Commentary

Geoff Cook - CFP, CHAIP

The amount of information available in the financial services world is outstanding and overwhelming. It can be frusterating as there are so many contrarian views, and articles written by non-professio...

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What is a TFSA?

Geoff Cook - CFP, CHAIP

TFSA stands for a Tax Free Savings Account.The account basically allows you to save and invest without having to pay any taxes on the returns you generate from those investments. The government create...

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A Story About How Markets Work

Geoff Cook - CFP, CHAIP

Once upon a time, a drought comes over the land and the wheat crop fails. Naturally, the price of wheat goes up. Some people cut back and bake less bread while others speculate and buy as much wheat a...

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Risk Free Return or Return Free Risk?

Geoff Cook - CFP, CHAIP

It is interesting how herd investing and recency bias works. People often make poor investment decisions because they "Follow the Herd" and do what everyone else is doing and most people think what ha...

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Breakfast with Dan Bastasic

Geoff Cook - CFP, CHAIP

I had the privledge the other day to have breakfast with vetran fixed income investor Dan Bastasic. Dan has recently moved to IA Clarington from Mackenzie Financial. He now manages a corporate bond, e...

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I don't want to invest my money now because...

Geoff Cook - CFP, CHAIP

A lot of investors are worried these days and rightfully so, there is a lot of uncertaintly in the world right now. Whats interesting is that there has always been uncertainty and reasons why "not to...

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Newsletter - October 2012

Geoff Cook - CFP, CHAIP

Here is a fall newsletter produced by our team, and investment dealership Banwell Financial Inc.“Quietly, ever so quietly corporate earnings in America are going to an all-time high.” Fred Sturm,...

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The Paid to Wait Strategy

Geoff Cook - CFP, CHAIP

Our Paid to Wait Strategy consists of owning a broadly diversified portfolio of select sovereign bonds, corporate bonds (investment grade and high yield), real estate investment trusts (REITs), divide...

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The Story of Mr. Market

Geoff Cook - CFP, CHAIP

Alot of people lose a lot of money investing. Many times the reason is because they let Mr. Market take advantage of them...This story was written by father of value investing Benjamin Graham in his c...

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The Three M's of Mutual Funds

Geoff Cook - CFP, CHAIP

Mutual funds get alot of flack, and dont get me wrong they should there is a lot of terrible funds out there...But dont kid yourself, there is also great money managers out there who can do a far bett...

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RRSP 101 - Deferral

Geoff Cook - CFP, CHAIP

An important thing to understand about RRSP‘s is the concept of Tax Deferral. What does this mean?Tax Deferral–This simply means that you will not have to pay tax on the money that your money make...

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Useful Calculators

Geoff Cook - CFP, CHAIP

Check out these great useful calculators that will help you understand and get organized with your financial affairs. Send us a message if you would like help using or understanding one. Financia...

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RRSP 101 - Deductions

Geoff Cook - CFP, CHAIP

Alot of people arent totally aware of how the RRSP tax refund works, so I am going to do my best to explain it to you. I think it is important that people understand the pros and cons of RRSP`s and wh...

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How long until my money doubles???

Geoff Cook - CFP, CHAIP

Someone asked me the other night "Hey Mr.Cook, how long will it take to double my money?"...Now one would think that this is a question that is impossible to answer...However there is actually a very...

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A common misunderstanding about TFSA and RRSP

Geoff Cook - CFP, CHAIP

I am constantly explaining a common misunderstanding to people. They are not aware of their freedom with their RRSP's and TFSA's.Let me explain...What most people think is that these are accounts that...

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Gold, Platinum and Silver

Geoff Cook - CFP, CHAIP

Throughout history, gold has represented wealth and power.  The value of gold has withstood the test of time and today remains (increasingly) an essential part of the foreign exchange reserves of...

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TFSA - Not your average bank account

Geoff Cook - CFP, CHAIP

One of the most common misconceptions is that a Tax Free Savings Account is just a checking account that you get at the bank. Although some Banks offer a superior savings rate for a TFSA, you could be...

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Dont Forget These Two Simple Steps When Estate Planning

The pure purpose of Estate Planning is to make an efficient transfer of wealth. Efficiency of Estate Planning is measured in two parts:1) Tax: It is important to plan your estate in a way that will transfer wealth in a tax-efficient manner—set...

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How to Save the Family Cottage

We have all heard the old saying, “Two things are guaranteed in life: 1. Death 2. Taxes.”We are at an interesting time right now where prices of assets over the last 50+ years have seen a tremendous growth spurt. I always find it interesting talk...

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