A robust investment plan is crucial in today's fast-paced world, where financial landscapes are continually shifting. Investment planning isn’t just about growing wealth; it’s about creating a financial buffer to sustain you through life’s ups and downs. At Westgroup Financial Management Inc., we understand that each client has unique financial needs and goals. This comprehensive guide is designed to demystify the investment planning process and show how it can lead to a more secure and prosperous economic life.

Estate planning is an essential part of financial planning. It involves arranging for the distribution of your assets after your death, making sure that your loved ones are taken care of, and minimizing taxes. In this blog, we will discuss the five key elements of estate planning that you need to consider.
 

Investing wisely is a crucial part of securing your financial future. One of the fundamental strategies for successful investing is diversification. In this blog, we'll explore the concept of investment diversification and how it can help you achieve long-term growth while managing risk effectively.
 

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.

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.

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.

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/

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/

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

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

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.

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.

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. 

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.

New Website Coming Soon!
We are currently revamping our website. Our new website will be interactive and mobile friendly!