One topic that is often close to home (apologies for the pun) for many of our readers is that of housing prices. In a a city such as Calgary that is often abuzz with headlines related to the energy sector, there is a natural and logical desire to connect the fate of the oil and Read more about Thoughts on Calgary Real Estate in 2015[…]
Merry Christmas and Happy New Year to our readers! What could be a better holiday present than additional contribution room so you can earn tax free returns on your investments? We would like to take this opportunity to remind our readers, that as of January 1, 2015, those of you that are 18* and over Read more about TFSA Contribution Room Increase[…]
In recent blog posts we touched on Term Life Insurance and Permanent Life Insurance, both of which are intended to compensate the purchaser in the event of an untimely death. However, for those without a defined benefit pension plan (most people), running out of money in retirement, or longevity risk is a valid concern. Annuities Read more about Annuities[…]
Previous articles in this series discussed Barter Systems and Commodity Money. This article will discuss an important development in money, namely the difference in the value of the metal used in commodity money to that of the face value assigned by the Government. Read on for details… The Value of the Metal vs. the Value Read more about The History of Money – Part III[…]
Life insurance is meant to provide financial compensation to beneficiaries or towards a bequest when a person dies. The most common, and cheapest, form is Term Life Insurance, but as the term increases, it becomes Permanent Life Insurance, that is one that is valid as long as a person is alive. Unfortunately, to complicate things Read more about Permanent Life Insurance[…]
The previous article in this series discussed Barter Systems. This article will discuss the emergence of commodity money, which is generally thought to have evolved out of the necessity to have a specific debt instrument for an “I owe you” (IOU). Origin of the word “money” In the Roman Republic, coins were made on the Read more about The History of Money – Part II[…]
Few people like to talk about life insurance. Most of those that do are life insurance sales agents. With their commissions on the line, you may not be getting an honest opinion. How do you know if you should buy life insurance? Read on for details… Risks As we go through life, we take on Read more about Life Insurance Basics[…]
Olas Magnus, 1555 – On Trade Without Using Money – depicting Scandinavian and Russian traders bartering This series of articles intends to discuss the history of money from simple barter systems to modern day fiat currency. This article will discuss barter systems. Barter Systems On the nature of money, Aristotle noted that every object has Read more about The History of Money – Part I[…]
Most people assume that the name Registered Retirement Savings Plan (RRSP) is a clear give-away for the preferential vehicle to use for retirement savings. It turns out that the distinction is not as clear-cut as the name would lead you to believe. This summary aims to touch on the important points that should guide you Read more about How to decide between an RRSP or TFSA[…]
CJ Capital offers financial planning and education services. The education portion of our business is primarily delivered through personalized one-on-one meetings with clients, research into topics directed by clients, or through media such as this blog. The financial planning portion of our business is the focus of this article and will be discussed in more Read more about An Overview of Financial Planners and Financial Plans[…]