Monib Hajyouni - IG Wealth Management

02/04/2025

02/01/2025

So many people view life insurance as a tool to cover debt which is essential and a need, but what about using it to change your family's wealth trajectory for generations?💡

02/01/2025

Understanding your sources of investments can lead to huge savings when creating an income stream!

Discover the different sources of investment income, how they work and how much you can expect to pay in tax for each one.

01/22/2025

Working with a financial planner doesn’t mean you need to get the highest rate of return - no one can predict or control the markets. It’s for the advice around all pillars of your financial plan. Like keeping more money in your pockets by proper tax planning.

By knowing your goals, income needs, and how different types of income are taxed, you can make smarter choices about where and how to invest your assets.

05/26/2024

The power of starting early vs. the cost of waiting.

Person A invests $1000 annually from 25 to 35 and stops.

Person B starts investing the same amount from age 35 to 65.

At an 8% rate of return, see the staggering difference in their totals and total money invested at age 65!

Start today, secure tomorrow.

12/12/2023

It’s so important to have an advisor that works directly with other professionals in your life, like your accountant. This can lead to the most effective strategies in your financial plan!

A financial plan/ strategy is never a one size fits all.

Reach out and we can chat!

12/07/2023

Thinking about buying your first home in the near future?

First Home Savings Account, which is now available at IG.

Here are some of the highlights of this account:

1-Tax deductible contributions (Any contributions you make will be deducted from your income, similar to an RRSP)
Tax-free growth and withdrawals Any money invested within this account can grow and be withdrawn tax-free similar to a TFSA.

2-Withdrawals are tax-free when used for an eligible first home purchase (If not used for a home purchase, funds can be rolled over into an RRSP without penalty

3-You must be considered a first home buyer, which means that you cannot have owned a home in the 4 years preceding the opening of this account Contribution room of $8000/year starting in the year that you first open the account, to a maximum of $40,000 in total contribution room To open an account, you must be of legal age in your province.

Reach out to see if this is something that is suitable for you!

10/18/2023

Stock market vs gold and silver.

10/10/2023

Are you a Business Owner?

07/18/2023

When was the last time you met your advisor to rebalance your portfolio?

Automatic portfolio rebalancing allows investors to avoid emotional investing and benefit from buying low and selling high. ,Automatic portfolio rebalancing allows investors to avoid emotional investing and benefit from buying low and selling high.

04/14/2023

If you or anyone you know is using Mortgage Insurance instead of a Life Insurance policy, send them my way!

Disclaimer: this is an example and everyone’s situation, coverage and premiums will be different. Reach out to me if you’d like to sit down and talk about your Insurance needs!

04/14/2023

If you or anyone you know is using Mortgage insurance instead of a Life insurance policy… send them my way 🙂