Welcome to the November addition of Comprehensive Financial Planning.

This will unfortunately have to be a relatively short post, however I will try to make the most out of it.

There are a couple things I would like to bring to my readers' attentions.

First of all, I hope your current Financial Advisors have made you aware of the government's new saving incentive. The never before seen Tax Free Saving Account has been introduced, and since I have to cut this entry short please visit http://www.investorsgroup.com/english/prodServices/investments/taxFreeSav.shtml
for more information about this amazing savings plan.

Secondly, I want to touch on the concept of borrowing to invest. I am sure everyone has heard of the term leverage? Leveraging is a great strategy that has been used for generations, and right now is one of the best times to use this concept. As many of you are aware, the markets are presenting a great opportunity to buy right now because everything is on sale! So, instead of starting to put away $200-300/month why not take out a $25,000 RRSP loan with a Prime variable lending rate and invest it into a moderate aggressive portfolio at approximately 8% growth? The payments would be approximate $300/month, so instead of slowly accumulating wealth over time by investing monthly, the large sum of $25k will immediately begin to grow and you will see exponential growth using this method.

There are hundreds of strategies that I present to my clients on a regular basis. There isn't a single concept that will work with everyone, but there is atleast one that will work for someone.

I love what I do because I get to help people on a daily basis. I get to show them things they have never seen before; even if they have had a financial advisor for years, I can almost guarantee any of my new clients that I will show them something new, something that could have been helping them for a number of years.

Passion is something that is lacking in most professions these days. The number one goal is usually to make money, therefore forgetting the true core values of the profession. My number one goal is to provide my clients with a value added service that is not about making money; rather it is about developing a long term relationship with one another so that their goals and concerns are taken care of.

Once again, I must sign off for now.

I always appreciate your feedback, whether it be compliment or criticism.

Take care all, and happy investing.