Author: Bloom Investment Counsel, Inc.

Wealth Planning for Uncertain Times

Written by Bloom Investment Counsel, Inc. on April 24, 2023. Posted in Wealth Planning. No Comments on Wealth Planning for Uncertain Times

Uncertainty is inevitable, especially in relation to investment markets. Investment markets are affected by a host of events. Just recently we have experienced the COVID-19 pandemic, the war in Ukraine, increasing global inflation, and the threat of recession.

During uncertain times and the resulting investment market volatility it is common to feel that you have no control over your financial future. To maintain a sense of control and avoid knee-jerk reactions to uncertainty you must be focused on long-term financial goals.

Remember, investment markets have always recovered from uncertainty and downturns.

The Responsibilities of an Executor

Written by Bloom Investment Counsel, Inc. on April 17, 2023. Posted in Life Events. No Comments on The Responsibilities of an Executor

Although it may be considered an honour to be asked to act as an executor, there are many responsibilities involved that can make the task quite complex and time-consuming. Ensuring you understand these responsibilities will help you to choose the person best suited to be your own executor, as well as guide you if you are appointed as executor on someone’s behalf.

How to Build Wealth in Retirement

Written by Bloom Investment Counsel, Inc. on April 17, 2023. Posted in Retirement. No Comments on How to Build Wealth in Retirement

Retirement is a major life accomplishment and can mean any number of things to different people.

For many, however, it means the freedom to do whatever it is you enjoy most. This may include never working again, spending more time with family, enjoying your hobbies, traveling more, or even continuing working at your profession part-time, but without the dependency on your previous full employment income.

For some, retirement may last nearly as long as their employment years. Therefore, you will want to continue to build your wealth during retirement.

Bloom Investment Counsel, Inc. Q1/23 Investment Market Commentary

Written by Bloom Investment Counsel, Inc. on April 11, 2023. Posted in Investment Market Commentary. No Comments on Bloom Investment Counsel, Inc. Q1/23 Investment Market Commentary

Watch M. Paul Bloom, CIO at Bloom Investment Counsel, Inc. review Q1/23 and share his thoughts on the investment markets in the coming year.

When Should You Write Your Will?

Written by Bloom Investment Counsel, Inc. on April 10, 2023. Posted in Estate Planning. No Comments on When Should You Write Your Will?

Writing a Will is an important part of planning for your future and ensuring that your wishes are taken care of. It is hard to believe that over 50% of Canadians, many of whom are past retirement age, do not have a Will. It’s important to think about when you should write and update your Will, as it can be a complex process that requires careful consideration.