by Rona Birenbaum BAS CFP®, CHFS | Mar 13, 2020 | Musings, We Think You Might Enjoy...
I gave my 20-year-old daughter some advice a week ago that I’m sharing with you. We are living through a momentous global historical event. Major financial decisions are being made that will have lasting implications. For this series of events to have any lasting...
by Rona Birenbaum BAS CFP®, CHFS | Mar 13, 2020 | In the News
As the coronavirus continues its global spread, Canadians are worried not only about their health but also about their retirement plans. Many people’s hard-earned investment portfolios have already taken a beating as stock markets plummeted this week over...
by Rona Birenbaum BAS CFP®, CHFS | Mar 11, 2020 | In the News
The point of investing is to grow your money. Financial markets today look like they’ve conspired to prevent this from happening. What’s an ordinary investor saving for retirement supposed to do? Let’s check in with four experts who have seen plenty of past market...
by Rona Birenbaum BAS CFP®, CHFS | Mar 6, 2020 | All About Investing, Musings, We Think You Might Enjoy...
How to be kinder to yourself, 5 smart devices that can prevent major home damage, some advice for serial cancelers, and some thoughts on coronavirus and the stock market. This week’s Fresh Finds. Do you enjoy making plans with friends, but have a hard time actually...
by Rona Birenbaum BAS CFP®, CHFS | Mar 6, 2020 | All About Investing, Retirement, Risk Management
“Getting to know you, getting to know all about you.” Julie Andrews At some point in the past you probably completed an investor risk tolerance questionnaire. Today, you may be discovering that your risk tolerance isn’t immutable. It is influenced by factors such as:...
by Rona Birenbaum BAS CFP®, CHFS | Mar 6, 2020 | In the News
The Home Buyers’ Plan (HBP) and the Lifelong Learning Plan (LLP) are two advantages of investing in a registered retirement savings plan (RRSP), as they allow Canadians to pull funds from their RRSPs – interest- and tax-free – to buy a home or get educated, then pay...
by Rona Birenbaum BAS CFP®, CHFS | Mar 4, 2020 | In the News
Last week was stock market nastiness at its worst. Prepare for the possibility of more to come. How, exactly? Veteran financial planner Rona Birenbaum has some thoughts. Full Article >
by Rona Birenbaum BAS CFP®, CHFS | Mar 2, 2020 | All About Investing, Risk Management
There was a lot I was taught in school that I don’t find helpful in everyday life. Calculus comes to mind (I’m no engineer), and that time I almost threw up dissecting a frog was more traumatizing than instructive. But, if there is one concept that I learned in...
by Rona Birenbaum BAS CFP®, CHFS | Feb 28, 2020 | All About Investing, Cash Flow Concerns, Risk Management
First, two definitions: Bear market – From www.investopedia.com A bear market is a condition in which securities prices fall 20% or more from recent highs amid widespread pessimism and negative investor sentiment. We are about 5% away from that at the moment. Global...
by Rona Birenbaum BAS CFP®, CHFS | Feb 25, 2020 | In the News
Rona Birenbaum remembers vividly what it was like starting her own fee-only financial planning firm in Toronto two decades ago as a young mother in her 20s. At the time, Caring for Clients was one of only a handful of its kind in Canada. Full Article >
