I am sure we have all heard the expression “you should never put all your eggs in one basket”. Imagine you have a straw basket. In it, you decided to throw all the eggs you were going to eat for the week. While carrying it, you stumble over and drop the basket. In that fleeting moment, all the eggs you had preciously accumulated were destroyed.
Read MoreAs baby boomers retire, the strain on pension funds has been immense as they will have to meet increasingly large future liabilities. Due to this situation, the past decade has seen a sharp shift towards employers offering defined contribution plans instead of defined benefit plans. Why the big shift? By taking a look at both plans you may notice why employers have been opting for one over the other.
Read MoreTo have a healthy diet typically requires you to eat a variety of foods that will allow you to obtain the nutrients necessary to keep your body functioning at its optimal capacity. It is not without reason that your parents wanted you to have your vegetables!
You may be wondering, “Why in the world is he speaking about nutrition? I thought this was about finance!”
The fact is the concept of a well-balanced investment portfolio closely mirrors that of a healthy diet.
Read MoreBased in Ottawa, Ontario, Astrolabe Financial Group Inc. is a fee only financial planning firm. It was founded by two financial advisors that were troubled by the lack of fee-for-service financial planning accessible to the average Canadian. Most locally based Financial Advisers and Financial Planners appeared focused on selling financial products and not providing financial advice and education.
The company was founded in November 2011, the first ever Financial Literacy Month in Canada. We pride ourselves in providing sound financial advice and improve our clients’ financial literacy during the process. It is then fitting that Astrolabe Financial Group’s anniversary will always fall in Financial Literacy month.
Contact us to learn more about our services and how we can help you and your family navigate the treacherous Canadian financial landscape. Let us steer you to calmer waters.
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