UPotential is a fee-for-service financial planner – meaning that our compensation is based on a transparent, pre-established rate agreed upon before our engagements begin. We do not receive any compensation from, and do not offer, the sale of any investment or insurance related products/services. As a UPotential customer you will be under no obligation to utilize any particular investment or insurance product/service to action any of the plans we create. If you wish to engage the services of ETF Capital Management – a registered portfolio manager – you should be aware (and will be made aware at the time) that UPotential is under common ownership. Our goal is to help you get the most out of your money – so we will act always in the best interests of our clients, with full transparency, and in a manner which aligns our interests accordingly.
Building a Whole Life, Not Just a Career
All too often, the conversation veers towards the elements of their current daily lives that they can’t wait to get past. Less-than-satisfying workdays, endless chores and heavy responsibilities at home rob clients of joy every day.
US Women Now Make as Much or More Than Men in Half of Marriages
New research on gender roles and earning capacity shows that despite the persistent wage gap, more women than ever are the primary income earners in their families.
As Women Live Longer, They Should Also Plan For A Second Retirement
This week’s article introduces the topic of a “second retirement”. It refers to the period after the death of the first spouse when the survivor must tend to household, financial and health matters alone.
The Two Ways To Ensure That Your Money Buys You Happiness
What if we changed our world view and acknowledged that money does buy happiness? When interpreted correctly, this statement can be life changing.
First Home Savings Account
The First Home Savings Account is a brand new way for people to save to buy their first home. Here is a Here is a Video Overview of the newly available registered account that can help many Canadians save towards their first home.
Yes, there is risk in Canadian bank deposits for the unwary and complacent
This article explains how the Canadian banking system would deal with the banking turmoil that is currently affecting European and American banks. It’s timing is perfect; since I had two such discussions with clients just this week.
Time to Get Used to Higher Rates
It’s easy to get caught up in jargon when you work in finance. There is no shortage of acronyms (RRSP, CPI, HISA…) and there are a lot of terms thrown around (bullish, bearish, doveish, hawkish). This article introduced a new one to me: “the five year, five year forward”. No wonder people stop listening. The terms that are most important are the ones that affect you and your household.
When it comes to investing, time trumps rate of return
You wouldn’t call me a voracious reader but I my nightstand always has a book and a pen on it. Interestingly, I just finished Morgan Housel’s book “The Psychology of Money” and took copious notes. The book, which is mentioned in this article, discusses various ways in which our attitudes and tendencies can enhance or detract from our ability to accumulate wealth.
Key Dates For 2023
In this brief 3-minute video, we give you a look ahead to some important tax considerations for 2023.
10 Recession Mistakes People Make With Their Money
Declaring a recession is only possible when we are looking back at the previous quarters’ economic performance. So, whether we are in a recession, approaching a recession or the magnitude of any recession that does appear, resilience is key.