Investment planning for retirement
Investment planning is looking at L-O-N-G TERM because equity markets trend moves upwards
Systematic, consistency investment is the best way to follow
When you are young, "dollar cost averaging" is the best because of consistency of investment
The final step is, planning for investment will take you all the way to your retirement
Tuesday, May 20, 2008
Insurance Planning
Insurance Planning is 1st. step
Proper insurance planning is first of all protect what you already have
For the rich, life insurance provides for a foundation of intergenerational wealth.
Evaluate your protection of assets, have enough life insurance to cover the worst possible scenario, in this way, what you build is left behind for your love ones
Life insurance is also purchased by those interested in achieving specific business, like partnership insurance, business retirement income, and or estate-transfer goals
For most people, it is protection of the greatest asset of all ‐ Income Earning Ability.
Many of us buy life insurance because we want to make sure that our loved ones, especially dependents, remain financially secure after we die.
Income replacement is the No. 1 reason people buy life insurance.
Before purchasing a life insurance policy, consider your financial situation and the standard of living you want to maintain for your love ones, spouse and kids.
Taking into consideration like, who will be responsible for your final medical bills and funeral costs ?
Would your family have to relocate or otherwise change their standard of living after losing your income?
Let's look at the worst situation, this way, "What if I die yesterday"
"How much will my family need, to pay all the bills that keeps coming"
"Bills never stop coming, even if you die yesterday, and you know that for a fact"
Look into the financial needs of the family members, such as: children's expenses, income for the surviving spouse, mortgage and other debt payoffs, college education funds and an additional emergency fund.
We recommend a review of your life insurance whenever you experience a major life event such as a change in income or assets, marriage, divorce, the birth or adoption of a child, or a major purchase such as a house or business.
Make sure you also protect your greatest asset with long-term disability insurance
The basis for insurance is to care for the living when the event of death occurs.
It is peace of mind when we know we can still care for our love ones even though we are not around due to unforeseen circumstance.
Insurances planning is mandatory for every caring parents
Proper insurance planning is first of all protect what you already have
For the rich, life insurance provides for a foundation of intergenerational wealth.
Evaluate your protection of assets, have enough life insurance to cover the worst possible scenario, in this way, what you build is left behind for your love ones
Life insurance is also purchased by those interested in achieving specific business, like partnership insurance, business retirement income, and or estate-transfer goals
For most people, it is protection of the greatest asset of all ‐ Income Earning Ability.
Many of us buy life insurance because we want to make sure that our loved ones, especially dependents, remain financially secure after we die.
Income replacement is the No. 1 reason people buy life insurance.
Before purchasing a life insurance policy, consider your financial situation and the standard of living you want to maintain for your love ones, spouse and kids.
Taking into consideration like, who will be responsible for your final medical bills and funeral costs ?
Would your family have to relocate or otherwise change their standard of living after losing your income?
Let's look at the worst situation, this way, "What if I die yesterday"
"How much will my family need, to pay all the bills that keeps coming"
"Bills never stop coming, even if you die yesterday, and you know that for a fact"
Look into the financial needs of the family members, such as: children's expenses, income for the surviving spouse, mortgage and other debt payoffs, college education funds and an additional emergency fund.
We recommend a review of your life insurance whenever you experience a major life event such as a change in income or assets, marriage, divorce, the birth or adoption of a child, or a major purchase such as a house or business.
Make sure you also protect your greatest asset with long-term disability insurance
The basis for insurance is to care for the living when the event of death occurs.
It is peace of mind when we know we can still care for our love ones even though we are not around due to unforeseen circumstance.
Insurances planning is mandatory for every caring parents
Tax Planning
Tax Planning is critical to your financial health
Tax planning puts more money in your pockets and makes you smile from chick to chick
Engaging in tax evasion which is "hiding income" or claiming false deductions which is "claiming for something you don't have". These things are illegal and could lead to fines and jail.
You can save taxes by planning early in the year, the amount of taxes you pay has to do with your knowledge of tax reducing strategies.
A good tax plan uses the tax laws to decrease your taxes, and accumulate more money in your pocket
Your planning objective must be to increase disposable income by reducing taxes .
You must learn and understand the tax system, so you can take advantage to legally reduce your taxes
You are entitled to the benefits, the tax system made available to you
Fear of making the wrong deductions is the reason why we do not take advantage of the tax strategies
To eliminate your fear, the worst is that the audit department could do is to make correction on your deduction, and keep you informed.
The worst you can lose in such a case would be a little interest on overdue tax if you are 'disallowed a particular deduction', remember nothing ventured, nothing gained.
As long as you are not hiding income or claiming expenses that don't exist, you're not doing anything wrong or illegal.
Every year, thousands of Canadians used tax systems to reduce their taxes
Taxes play a major role in every Canadian’s lives.
All the methods we present to you is to help you legally avoid paying excess tax.
Remember tax avoidance is legal, while tax evasion is not.
Tax planning must be made a top priority in your life
Tax planning puts more money in your pockets and makes you smile from chick to chick
Engaging in tax evasion which is "hiding income" or claiming false deductions which is "claiming for something you don't have". These things are illegal and could lead to fines and jail.
You can save taxes by planning early in the year, the amount of taxes you pay has to do with your knowledge of tax reducing strategies.
A good tax plan uses the tax laws to decrease your taxes, and accumulate more money in your pocket
Your planning objective must be to increase disposable income by reducing taxes .
You must learn and understand the tax system, so you can take advantage to legally reduce your taxes
You are entitled to the benefits, the tax system made available to you
Fear of making the wrong deductions is the reason why we do not take advantage of the tax strategies
To eliminate your fear, the worst is that the audit department could do is to make correction on your deduction, and keep you informed.
The worst you can lose in such a case would be a little interest on overdue tax if you are 'disallowed a particular deduction', remember nothing ventured, nothing gained.
As long as you are not hiding income or claiming expenses that don't exist, you're not doing anything wrong or illegal.
Every year, thousands of Canadians used tax systems to reduce their taxes
Taxes play a major role in every Canadian’s lives.
All the methods we present to you is to help you legally avoid paying excess tax.
Remember tax avoidance is legal, while tax evasion is not.
Tax planning must be made a top priority in your life
Mortgage and Debts
Mortgage and debts elimination planning
Mortgage and debts are epidemic in Canada as well as in other countries around the world.
Just look at the media and the thousands of advertisements that try to sell us “stuff” everyday. This constant bombardment of messages tells us we need to purchase and consume “Stuff.”
We borrow and sign purchase agreements. We use our Credit Cards to the maximum. Always getting into more debts.
Now, let's see how Mortgage debt is one of the most significant debts a person will endure in their lifetime if they decide to become a home owner. Conventional mortgages are structured for the benefits of the lender. (It is not in the best interest of the lender: to show you how to pay off your mortgage faster.)
With proper planning the we can significantly reduce the amount of interest a person pays in his mortgage.
But before we can do the restructuring, we have to understand the "Money Game"
Like any game that you play, it is always more enjoyable if you know & understand the rules.
The Money Game is just one game none of us can afford to lose. Unfortunately, it's the game we do not understand the rules.
The objective of the lenders will always be to make the most money possible form you, the borrower. This is evident in the enormous profits that the financial institutions earn on an annual basis.
When people go to buy their home and take out a mortgage the lenders are more than happy to lend the money to credit worthy individuals.
The lenders never show you how to pay off your mortgage faster? It cuts into their profits.
The strategies they provide the public are simple, restrictions on how much you can prepay your mortgage debt or how much extra money you can put towards your mortgage without penalties.
If you don't follow the rules they charge you extra interest and penalties.
Mortgage and debts are what we need to take a serious look at and restructure to your benefits.
Mortgage and debts are epidemic in Canada as well as in other countries around the world.
Just look at the media and the thousands of advertisements that try to sell us “stuff” everyday. This constant bombardment of messages tells us we need to purchase and consume “Stuff.”
We borrow and sign purchase agreements. We use our Credit Cards to the maximum. Always getting into more debts.
Now, let's see how Mortgage debt is one of the most significant debts a person will endure in their lifetime if they decide to become a home owner. Conventional mortgages are structured for the benefits of the lender. (It is not in the best interest of the lender: to show you how to pay off your mortgage faster.)
With proper planning the we can significantly reduce the amount of interest a person pays in his mortgage.
But before we can do the restructuring, we have to understand the "Money Game"
Like any game that you play, it is always more enjoyable if you know & understand the rules.
The Money Game is just one game none of us can afford to lose. Unfortunately, it's the game we do not understand the rules.
The objective of the lenders will always be to make the most money possible form you, the borrower. This is evident in the enormous profits that the financial institutions earn on an annual basis.
When people go to buy their home and take out a mortgage the lenders are more than happy to lend the money to credit worthy individuals.
The lenders never show you how to pay off your mortgage faster? It cuts into their profits.
The strategies they provide the public are simple, restrictions on how much you can prepay your mortgage debt or how much extra money you can put towards your mortgage without penalties.
If you don't follow the rules they charge you extra interest and penalties.
Mortgage and debts are what we need to take a serious look at and restructure to your benefits.
Saturday, May 10, 2008
WHY Wealth Mortgage
WHY Wealth Mortgage...
. . . . because it's your money
WHY wealth mortgage is where OUR PARTNERSHIP BEGINS
At WHY Wealth Management Inc., we work together with you as partners to tackle on of life’s greatest debts, the mortgage. We show you how to retire your mortgage debt earlier, while turning your mortgage interest into a tax deduction. Imagine how your life would be, when you are free from your mortgage obligations
Learn the “Secrets” that the lending institutions don’t want you to know!
Do you ever wonder why it takes so long to pay off your mortgage?
Most people are led to believe that their home is their greatest asset. This is far from the truth. When you purchase your home, the mortgage that you take on your home becomes your greatest liability. The home only becomes an asset when you have finished paying it off.
How much does your dream home really cost you?
Did you know that on a typical 25 year mortgage, you end up paying 2-3 times your home purchase price. If that wasn’t bad enough, the money you use to make your mortgage payments was done with after-tax dollars. This means that you had to earn money, pay taxes, then what ever is left over is yours to use to pay your mortgage payments. That $400,000 dream home you just bought ends up costing you $1.3 million in before tax dollars.
The Key to becoming mortgage free!
The only way to retire your mortgage earlier is to have more of your payments go directly to paying off the principle amount. The longer you carry the mortgage balance, the more time the lending institution has to charge you interest. The WHY Wealth Mortgage Plan... is your blueprint to retiring your mortgage debt faster. It will significantly reduce the amount of interest that you pay on your mortgage. We show you how to make your money work 24/7 towards paying off your mortgage
Who is looking out for your best interest?
It is never in the financial institution’s best interest to show you how to retire your mortgage debt earlier. It’s simple, the longer it takes for you to pay off your mortgage, the more interest they earn. Why do you think they penalize you or put restrictions on how much & how early you can pay off your mortgage loan. These penalties & restrictions are just tactics used to keep you in the dark so that they can make more money from the interest charges. Why would the lending institutions teach you the secrets that would reduce their profits.
Who is the real winner?
Most of your payments in the initial years of your mortgage goes directly to paying the interest on your mortgage loan. On a typical 25 year mortgage, it is not until the 14th year that half of your payments go towards principle & the other half towards interest. The lending institutions have made most of their money in the early years already.
WHY Wealth Mortgage provides you, with the tools & knowledge to help you pay off your mortgage faster!
. . . . because it's your money
WHY wealth mortgage is where OUR PARTNERSHIP BEGINS
At WHY Wealth Management Inc., we work together with you as partners to tackle on of life’s greatest debts, the mortgage. We show you how to retire your mortgage debt earlier, while turning your mortgage interest into a tax deduction. Imagine how your life would be, when you are free from your mortgage obligations
Learn the “Secrets” that the lending institutions don’t want you to know!
Do you ever wonder why it takes so long to pay off your mortgage?
Most people are led to believe that their home is their greatest asset. This is far from the truth. When you purchase your home, the mortgage that you take on your home becomes your greatest liability. The home only becomes an asset when you have finished paying it off.
How much does your dream home really cost you?
Did you know that on a typical 25 year mortgage, you end up paying 2-3 times your home purchase price. If that wasn’t bad enough, the money you use to make your mortgage payments was done with after-tax dollars. This means that you had to earn money, pay taxes, then what ever is left over is yours to use to pay your mortgage payments. That $400,000 dream home you just bought ends up costing you $1.3 million in before tax dollars.
The Key to becoming mortgage free!
The only way to retire your mortgage earlier is to have more of your payments go directly to paying off the principle amount. The longer you carry the mortgage balance, the more time the lending institution has to charge you interest. The WHY Wealth Mortgage Plan... is your blueprint to retiring your mortgage debt faster. It will significantly reduce the amount of interest that you pay on your mortgage. We show you how to make your money work 24/7 towards paying off your mortgage
Who is looking out for your best interest?
It is never in the financial institution’s best interest to show you how to retire your mortgage debt earlier. It’s simple, the longer it takes for you to pay off your mortgage, the more interest they earn. Why do you think they penalize you or put restrictions on how much & how early you can pay off your mortgage loan. These penalties & restrictions are just tactics used to keep you in the dark so that they can make more money from the interest charges. Why would the lending institutions teach you the secrets that would reduce their profits.
Who is the real winner?
Most of your payments in the initial years of your mortgage goes directly to paying the interest on your mortgage loan. On a typical 25 year mortgage, it is not until the 14th year that half of your payments go towards principle & the other half towards interest. The lending institutions have made most of their money in the early years already.
WHY Wealth Mortgage provides you, with the tools & knowledge to help you pay off your mortgage faster!
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