Author: Bloom Investment Counsel, Inc.

How To Ease Your Transition into Retirement

Written by Bloom Investment Counsel, Inc. on November 28, 2022. Posted in Retirement. No Comments on How To Ease Your Transition into Retirement

Finally, your long-awaited retirement is approaching. But you feel stressed. Why is that? Perhaps you fear that no matter how much you’ve been looking forward to retiring, the feeling of being on “permanent vacation” will start to wear off. Or perhaps you fear that you will have more time but less money to spend.

Whether you’re already retired and are struggling with the life change or are planning to make the transition soon, this article provides tips on easing your transition into this new phase of life, and what you can do during retirement to find meaning and purpose outside of work.

How a Family Trust Can Preserve Wealth and Reduce Taxes in Canada

Written by Bloom Investment Counsel, Inc. on November 21, 2022. Posted in Estate Planning. No Comments on How a Family Trust Can Preserve Wealth and Reduce Taxes in Canada

Did you know that a family trust can be used to transfer wealth and preserve family assets as well as reduce taxes in Canada? The key is understanding how a family trust works and how it may fit into your estate plan.

What Does “Pay Yourself First” Mean?

Written by Bloom Investment Counsel, Inc. on November 21, 2022. Posted in Financial Literacy. No Comments on What Does “Pay Yourself First” Mean?

Most people have good intentions to save what is left of their income after paying necessary expenses. The problem is that there are many ways to spend your monthly paycheck that can result in not having much money left to save. So what do people mean when they say, “pay yourself first”?

5 Life Events That Can Impact Your Financial Plan

Written by Bloom Investment Counsel, Inc. on November 14, 2022. Posted in Life Events. No Comments on 5 Life Events That Can Impact Your Financial Plan

One thing we can be certain of in life is that change happens. Sound financial planning involves understanding the basic financial considerations arising from each of these major life events, whether expected or unplanned. This article highlights 5 of these life events and how they can impact your financial situation and financial plan.

How to Become a Better Investor

Written by Bloom Investment Counsel, Inc. on November 14, 2022. Posted in Investing. No Comments on How to Become a Better Investor

Being a better investor is not determined by portfolio size or by always investing in the latest “hot” stock. To become a better investor, you need an investment plan and the discipline to stick to that plan.

But there is more you can do. Our eight tips below will help you become a better investor.