Caring for Clients Newsletters

Caring for Clients produces and posts a quarterly newsletter to keep our clients and potential clients informed about current market conditions, tax tips, recent news and other money related matters.

January 2010

Fourth Quarter, 2009

Happy New Year! We hope you enjoyed a wonderful holiday season and are looking forward to a prosperous 2010. As we embark on a New Year, we reflect on the economic events of the past year in our 2009 Market Commentary. We are also building on our October newsletter’s discussion on behavioural finance. This quarter we look at the concept called Herding, which is one of the traps that investors often fall into during times of volatility.

The New Year also brings with it a reminder of the upcoming tax season. These 2009 Tax Tips will provide you with some helpful insights to consider when preparing your 2009 tax return.

Although the holiday season has come to an end, some of us may still feel the urge to arrange a little getaway, whether it is a short trip across the border or an extended holiday. If you are considering travelling to the USA, Chris Case of Rai Grant Insurance Brokers provides some important Travel Insurance Tips, which will help you avoid the potential financial risks of cross-border travel. If you’d like to learn more about your travel insurance options, ask Rona for a quote.

Over the past few years, risk has become a hot topic in terms of investment options, not only in the stock market, but also in terms of real estate. Properties with potential rental space are an attractive idea for those buyers looking to supplement their income, but Farrell Macdonald of Coldwell Banker Realty Brokerage explains the importance of attaining full disclosure on properties with basement apartments in his article, Basement Apartments – Income Potential? Or Potential Liability?

Steady income is a thought on many people’s minds as job security becomes more questionable. A number of clients have had the unfortunate experience of being part of a corporate downsizing. There are various important issues to consider when leaving an employer, including the benefits you will be receiving upon your departure. Read on to learn more about important considerations, when Losing a Job.

In closing, we would like to wish you all the best for the New Year! If you would like to discuss any of the topics covered in this newsletter or if you would like to review your portfolio in general, please feel free to contact us at any time.

Best regards,

Rona, Clifford & Emily