7 quick actions you can take this month to improve your financial health in 2022. Summary The coming year will continue to be challenging for many individuals, households and businesses.… Continue reading 2022 Financial Tips
Summary RRSP must convert to RRIF when annuitant turns 71 Minimum annual withdrawals from RRIF start when annuitant turns 72 Younger spouse’s age may be used to determine withdrawal prescribed… Continue reading Retirement Tax Tip #3
Summary Most income sources in retirement are taxed By timing the withdrawals from your RRSP/RRIF and deferring your CPP benefits, you can maximize the Guaranteed Income Supplement (GIS) GIS is… Continue reading Tax-Free Income in Retirement
The financial industry’s switch from mutual funds to ETFs isn’t coming…it’s already here. ETF sales reached a “whopping” $41 billion, National Bank said. Covid-19 may have stopped the economy… Continue reading ETFs outpace mutual funds for third straight year
7 quick actions you can take this month to improve your financial health in 2021. 2021 will be a year of many challenges. While yesterday’s inauguration of Joe Biden as… Continue reading January Financial To-Do List
The response to our previous newsletter on tips to manage market volatility was overwhelming. Thank you to everyone who sent their questions and feedback. The most common request was for… Continue reading Market Volatility: What should you do? Part II
The statistics are staggering. Historical single day losses. Historical single day gains. Multiple days of losses without more than a day’s reprieve. Markets down nearly 20% in under three weeks. Volatility… Continue reading Market Volatility: What should you do?
Most investment decisions come down to two factors: greed and fear. This greed and fear are conditional in that they depend, largely, on what’s happening in the markets. When markets… Continue reading Greed and Fear
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BA, BEd, MBA, RWM
A former high school teacher and college Economics lecturer, Scott Boassaly has always valued education. This is further illustrated by his formal education. He holds a BA in History from Carleton University, a Bachelor of Education from The University of Ottawa, and an MBA from The University of Ottawa. This focus on education reveals itself in his approach to financial advice and in his commitment to offering free financial seminars to both adults and children. Celebrating his 20th anniversary as a wealth manager, Scott started his career at a large national firm where he quickly transitioned into management. Further industry experience was gained working with a reputable brokerage, then managing his own brokerage, Balance Financial, since 2019. Scott is the only certified responsible investment advisor in Ottawa and also holds the Real Wealth Manager designation.
