What Type of Wealth Has Nothing to do with Money?

How do you define wealth? A person’s wealth is often defined solely by the amount of money in their bank account or their net worth. While wealth does measure the value of one’s assets, you can be wealthy in ways that do not include money – wealth comes in many forms.

In this article, we explore one way, other than financial status, in which wealth can be measured.

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High-Net-Worth Family’s Guide to Philanthropy

Philanthropy comes from the Greek word philanthropia, meaning “love or kindness to mankind.”

Many High-Net-Worth (HNW) families have a genuine desire to help humanity and promote the welfare of others. Through philanthropic planning as part of their overall family financial plan, HNW Families can be more effective in their charitable giving as well as provide a lasting family legacy.

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How to Generate Passive Income with Dividend Investing for Philanthropic Purposes

Passive income, that which comes in whilst you are not doing anything, can be a great way to help you generate additional cash flow for philanthropic purposes. What if you can have money flowing in continuously to be used for philanthropic causes, while keeping your initial invested capital in the stock market for capital preservation and potential capital appreciation? Read this article to learn how this can be attained through a dividend-paying portfolio, Bloom Investment Counsel Inc.’s specialty.

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Planned Giving vs. Regular Charitable Donations

Planned Giving vs. Regular Charitable Donations
Planned Giving vs. Regular Charitable Donations

Over the past decade or so Canada has been one of the top ten most charitable countries. Making charitable donations has become a regular aspect of life for many high-net-worth individuals and families. But what is planned giving and how is it different from making regular charitable donations?

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