Florijan Papa - IG Wealth Management

Florijan Papa - IG Wealth Management Senior Financial Consultant, Investors Group Financial Services Inc. I am a CERTIFIED FINANCIAL PLANNER (CFP) professional. My goals for clients:
1.

I help people make decisions to improve their financial well-being. Clients have a clear understanding of where they are today, and where they’re heading in the future. Ensure they have a successful retirement (i.e. they don’t outlive their money)
2. Protect their families’ finances in case of premature death, illness or injury. We do this by:
• minimizing taxes
• maximizing government grants (RES

Ps, RDSPs)
• understanding your retirement income sources (pensions, RRSPs, Canada Pension Plan, Old Age Security, Supplement)
• using insurance to share risks (when we cannot self-insure)
• planning your estate – how much goes to your loved ones vs how much goes to the Canada Revenue Agency

Together, Planning your Future

reminder:  Thurs Jun 13th 1pm ET.
06/11/2024

reminder: Thurs Jun 13th 1pm ET.

Are you wondering how current trends in the economy, interest rates and exchange rates are impacting your financial plan? Are you missing out on investment opportunities by not owning commodities? For answers, sign up for our mid-year market update webinar: https://ow.ly/s67a30sCABn join IG Wealth Management’s Philip Petursson, Ashish Utarid and Aurèle Courcelles on Thursday, June 13 at 1 p.m. ET.

POAs help you manage your medical and financial affairs.If you don't have these in place, you make it much more difficul...
05/31/2024

POAs help you manage your medical and financial affairs.

If you don't have these in place, you make it much more difficult for your caregivers. Help them out.

A power of attorney allows your loved ones to make health and financial decisions on your behalf. We explore how it works and what to watch out for.

05/23/2024

Are you wondering how current trends in the economy, interest rates and exchange rates are impacting your financial plan? Are you missing out on investment opportunities by not owning commodities? For answers, sign up for our mid-year market update webinar: https://ow.ly/s67a30sCABn join IG Wealth Management’s Philip Petursson, Ashish Utarid and Aurèle Courcelles on Thursday, June 13 at 1 p.m. ET.

"If the stock market is a casino, it’s the only one in the world where your odds of success increase the longer you play...
05/23/2024

"If the stock market is a casino, it’s the only one in the world where your odds of success increase the longer you play the game.

On a daily basis, the stock market is only a little better than a coin toss in terms of gains and losses. The further you extend your time horizon historically, the higher the chance of seeing gains."

Dave Portnoy thinks the stock market is rigged.

"The volatility is a necessary evil" for stock market returns.
04/22/2024

"The volatility is a necessary evil" for stock market returns.

The stock market vs. fundamentals in the short run.

04/01/2024

More than 500,000 people signed up for the First-Home Savings Account in its first year, but a personal finance expert believes a bigger awareness strategy can lead to even more people benefitting from the program.

02/19/2024

What do you consider a big purchase: $200? $500? $1000?
Whatever the number, slow down and consider...

"You're not going to solve housing with low interest rates, and you're not going to solve it with high interest rates. W...
02/02/2024

"You're not going to solve housing with low interest rates, and you're not going to solve it with high interest rates. We've tried both..." Macklem said.

Macklem throws the ball back to municipal, provincial, federal offcials and their policies and development charges.

Bank of Canada governor Tiff Macklem says the central bank can't solve the housing crisis with interest rates because the root cause is a supply shortage.

01/29/2024

You’re invited to our business retirement webinar. Join moderator, journalist Amanda Lang and AVP Tax & Estate Planning Aurèle Courcelles on Thursday February 22, 2024 at 1 p.m. ET as they talk about how to navigate the complexities of exiting a business. Register here: https://ow.ly/W9AI50QtlKT

 #4 is a worse case scenario...your investment goes to zero, so you can't make a withdrawal to correct the overcontribut...
01/22/2024

#4 is a worse case scenario...your investment goes to zero, so you can't make a withdrawal to correct the overcontribution.

Keep the speculative stuff out of your TFSA, take the losses in a non-registered investment account.

A Tax-Free Savings Account (TFSA) is a great tool to build wealth for most Canadians while paying less tax. Although there are many benefits to investing in a TFSA, there can also be costly mistakes. This article outlines the eight most common pitfalls people encounter and how to avoid them.

01/22/2024

Join us for a night of fun and laughter online with celebrity comedian Caroline Rhea and a hilarious supporting cast that includes stand-up comedians Casey Corbin, Rob Pue and Kevin Bozeman! If you're interested in attending, please contact your IG advisor for invitation!

Thursday, February 15, 2024
5pm PT | 6pm MT | 7pm CT | 8pm ET | 9pm AT | 9:30pm NL

"Diversification means constantly feeling regret about something in your portfolio that’s underperforming. That’s a feat...
01/08/2024

"Diversification means constantly feeling regret about something in your portfolio that’s underperforming. That’s a feature, not a bug.

It also means having something else in your portfolio that’s outperforming."

Asset class returns for 2023.

Address

101-391 First Street
Collingwood, ON

Website

https://www.ig.ca/en/legal/disclosures

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