If you are new to investing and aspects like financial planning and wealth management, you may have several questions and doubts about the industry. These may pertain to risks, costs, and your overall financial health. To clear your confusion and arm you with the information you need to make the right decisions, Westgroup Financial Management Inc. has answered some of the most frequently asked questions about estate planning. These answers are based on our experience so that you have first-hand information that gives you the power.
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Frequently Asked Questions About Wills And Estate Planning
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Common Mistakes People Make When Investing Long Term
Investment planning is the process of matching your financial goals and objectives with your financial resources. Having one without the other is impossible as it’s an essential element of financial planning.
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Common Mistakes People Make When Investing
Investing in financial markets is one of the quicker ways to build long-term wealth. Over time, your investment is likely to earn solid returns and beat inflation. However, not every investment idea is a good one, and if you aren’t paying attention to what you’re doing, your mistakes could prove costly. Know that successful investment is not merely about selecting the right stocks, but it’s where one must also avoid common errors that might undo all the hard work put in previously.
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A stock market correction may be around the corner. Here’s how investors should play it
Original Article Source Credits: Fortune , https://fortune.com/
Article Written By: ANNE SRADERS
Original Article Posted on: January 26, 2021
Link to Original Article: https://fortune.com/2021/01/25/stock-market-news-february-2021-outlook-correction-investing-advice-predictions/
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Can life insurance be used as a fixed income investment?
Original Article Source Credits: Money Sense , https://www.moneysense.ca/
Article Written By: JASON HEATH
Original Article Posted on: DECEMBER 21, 2020
Link to Original Article: https://www.moneysense.ca/columns/ask-a-planner/can-life-insurance-be-used-as-a-fixed-income-investment/
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One-time payment to persons with disabilities
Original Article Source Credits: Canada , https://www.canada.ca/
Article Written By: NA
Original Article Posted on: 2020-10-30
Link to Original Article: https://www.canada.ca/en/services/benefits/covid19-emergency-benefits/one-time-payment-persons-disabilities.html
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Canada Revenue Agency: 2 Crucial COVID-19 Tax Breaks for 2020
Original Article Source Credits: Yahoo Finance , https://ca.finance.yahoo.com/
Article Written By: Christopher Liew, CFA
Original Article Posted on: October 26, 2020
Link to Original Article: https://ca.finance.yahoo.com/news/canada-revenue-agency-2-crucial-124522648.html
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Top Five Things To Look For When Hiring A Financial Planner
Whether you’re struggling to purchase the right type of investment or want to set up a retirement plan, managing your finances without understanding the ins and outs of the financial industry can be challenging. At such times, working with a trusted financial planner to help you bolster your overall financial picture is incredibly beneficial.
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Karm Panesar
Karm Panesar is a lifelong entrepreneur who dove into the world of accounting straight out of high school and at just 18 years old opened his first business—one of many successful ventures over the past 15 years.
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The Faces Behind Westgroup Financial Management Inc.
Meet Karm Panesar, President and Founder, and Bal Kundan, Vice-President and Co-Founder of Westgroup Financial Management Inc. Here’s their story about how it all started and what matters to them.
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Announcing The New Website
We are delighted to announce the launch of our new website!
Our new website provides our existing and prospective clients a simple yet interactive view of our work and the services we offer.CLICK HERE TO READ THE FULL ARTICLE »
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New website under construction
New Website Coming Soon!We are currently revamping our website. Our new website will be interactive and mobile friendly!
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