Archive for Christian Farstad

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Christian Farstad, CFA, CFP, FCSI is Wealth Advisor and Associate Portfolio Manager with ScotiaMcLeod in Vancouver specializing in Retirement Income Planning for private clients. Christian has been quoted in the Globe and Mail, Wall Street Journal, National Post, Vancouver Sun and Dow Jones Newswires. Christian is also an Olympic athlete in the sport of Bobsleigh. Sign up for his Retirement Income Tips Newsletter at Click Here

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Insurance that could save your life

“Not because you’re going to die, but because you’re going to survive”
- Dr. Marius Barnard, physician that developed the concept of Critical Illness insurance
Recovering from a critical illness can be a personal triumph and a financial disaster. Financial strain can result from the inability to continue working, medical costs not covered through provincial or personal [...]

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July 14th, 2009 | Christian Farstad | 0 comments | Continued
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Dividends: income and stability for your portfolio

Equities have a history of providing positive returns over the long term, but in the short term, it’s nice to have investments in your portfolio that can generate steady income — even if the market is not rising. Bonds are often relied upon for tried-and-true income generation, but dividend-paying stocks offer compelling advantages of their [...]

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June 29th, 2009 | Christian Farstad | 0 comments | Continued
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Global Options for Your Portfolio

Today, investing internationally is as easy as it is to stay at home. You can look to the U.S markets. You might also consider international mutual funds or listed, exchange traded funds. Or you can invest directly on foreign stock exchanges.
As a first step, Canadians can use the U.S. markets to receive the benefits of [...]

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June 12th, 2009 | Christian Farstad | 0 comments | Continued
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The Insured Annuity Strategy

Perhaps the biggest retirement question we face is, “Will I have enough?” Most of us want to know that we’ll have a steady base level of retirement income that won’t run out too soon. Traditional investment vehicles such as bonds, T-bills, and term deposits are often popular choices to achieve the retirement goals of income [...]

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June 8th, 2009 | Christian Farstad | 1 comment | Continued
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Preferred Shares: An Income Investment you may have overlooked

Investors seeking income often limit their selection to bonds and give little or no consideration to preferred shares. They usually ignore preferreds simply because they don’t know much about them.
Perhaps the easiest way to think of preferred shares is that they are shares which behave like a bond. A preferred share represents an ownership interest [...]

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April 17th, 2009 | Christian Farstad | 38 comments | Continued
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Estate Planning for the Family Cottage

The “lazy hazy” days of summer are here and many of us will be leaving the city life to enjoy our favorite “home away from home” our family cottage. For many these properties represent the second largest financial investment we will make. There is, however, an important difference between this property and your primary residence! [...]

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March 23rd, 2009 | Christian Farstad | 0 comments | Continued
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Is Incorporation Right For You?

If you own a professional practice, you may have considered incorporating. Among the well-known advantages of doing so are the ability to pay a reduced corporate tax rate, to defer personal income tax, and to limit your personal liability in the event of legal action against your practice.
These benefits and protections are certainly compelling, but [...]

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March 5th, 2009 | Christian Farstad | 0 comments | Continued
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Pensions: making the right choice.

Retiring employees or employees who otherwise leave their jobs are often faced with a tough decision to make regarding their employee pensions.
In many instances, companies will offer their employees the choice between taking their pension in a lump sum form or taking the pension in the form of a monthly pay-out.
Unfortunately, very little support is [...]

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March 2nd, 2009 | Christian Farstad | 1 comment | Continued
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Systematically and sensibly planning your investments

In today’s financial world, the ever-expanding variety of investment products available, combined with the technological sophistication to execute orders and retrieve information — often within seconds — has made investing relatively easy. However, investing wisely is anything but. Investment opportunities have multiplied, but so has the time required to research them adequately. As a result, [...]

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February 19th, 2009 | Christian Farstad | 0 comments | Continued
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A simple guide to Canadian Pension Plan and Old Age Security

Canada Pension Plan (CPP)
The CPP is a federal program that provides pensions to qualified contributors in retirement. Any benefits paid by the CPP are taxable both federally and provincially. CPP operates throughout Canada. Quebec has its own similar but not identical program, the Quebec Pension Plan (QPP), which is closely associated with the CPP.
Who pays [...]

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February 3rd, 2009 | Christian Farstad | 158 comments | Continued
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