Author: Bloom Investment Counsel, Inc.

What is an Investment Philosophy and Why Does it Matter?

Investment Philosophy and Why Does it Matter

A well-conceived and concise investment philosophy is widely held as crucial to investment success.

It may be even more important than an investment strategy, as your investment philosophy is the precursor of your investment strategy. Investment strategies may require adjustment with changing personal circumstances and market conditions, while your investment philosophy keeps you focused on your long-term objectives.

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Do High-Net-Worth Wealth Plans Require a Team Effort?

Do High-Net-Worth Wealth Plans Require a Team Effort
High-Net-Worth Wealth Plans

Investment professionals are often turned to for guidance on wealth plans. However, if you are a high-net-worth individual or family it’s likely that your financial situation is more complicated than the average, which means there are times your investment professional may wish to engage specialists on your behalf.

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You Need to Know About These Passive Investing Risks

Passive Investing and Its Risks
Passive Investing and Its Risks

True or False: Investing in passively managed funds *always* costs less and is lower risk than investing in actively managed funds or portfolios. The correct answer is false – passive investing can be not always lower cost and lower risk, and in fact comes with its own set of risks.

You need to know about these passive investing risks before you choose to invest in index mutual funds or passively managed exchange-traded funds (ETFs) over actively managed funds or personalized investment portfolios. We highlight some of the most important passive investing risks you should know.

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The Importance of Estate Planning for Canadian Business Owners

The Importance of Estate Planning for Canadian Business Owners
Estate Planning for Canadian Business Owners

Life happens, and business owners would be wise to plan an organized, tax-efficient transfer of assets in the event of an untimely or unexpected death or incapacitation. Business owners work hard to accumulate wealth, so most probably don’t want their wealth to be used in ways that go against their wishes or for their heirs to be left with a significant tax liability. Two primary goals of estate planning, therefore, are to 1) distribute assets according to the owner’s wishes and 2) minimize tax liabilities.

Estate planning in Canada is not as difficult as many may think. This article covers the basics of estate planning for Canadian business owners.

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