Andy Akle - IG Wealth Management

09/21/2023

You've heard the buzzword before - DIVERSIFICATION - but what does it mean and how do you go about it?

Check out this article for some insights.

We’ve all heard the advice about not keeping all your eggs in one basket. This is the principle that stock diversification is based on: for example, not putting all of your money in one sector, such as financial services. If that sector were to crash, you could lose a lot of your money.

08/30/2023

I think most of us can agree that education and knowledge are powerful in any capacity.

Moreover, financial literacy is important as it is found in most things that we do. From day-to-day budgeting to taxes and investments...having some knowledge is vital to ensuring a fulfilled financial life.

IG Wealth Management is a proud partner with CFEE in providing the Money and Youth program to help develop that knowledge within our youth from the early stages of life.

Check it out...and if you have any questions, please don't hesitate to reach out.

https://ow.ly/Qmuc50PCtRa

A Guide to Financial Literacy

08/24/2023

Next week, I'm slated to be the featured speaker with my networking team and have the opportunity to share more about what I do.

I'm wondering...𝘄𝗵𝗮𝘁 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗽𝗹𝗮𝗻𝗻𝗶𝗻𝗴 𝘁𝗼𝗽𝗶𝗰𝘀 𝘄𝗼𝘂𝗹𝗱 𝘆𝗼𝘂 𝘄𝗮𝗻𝘁 𝘁𝗼 𝗹𝗲𝗮𝗿𝗻 𝗺𝗼𝗿𝗲 𝗮𝗯𝗼𝘂𝘁?

08/22/2023

For some...it's a wonderful time of year... !

It means the kids are out of the house, the bickering doesn't last ALL day, and the routine is restored 😆!

Let's think further down the line...are you looking to help your children pay for their post-secondary education, are they on their own, or somewhere in between?

I'd love to hear what you think!

07/24/2023

Do you find yourself "should-ing" yourself when it comes to savings and spending?

This fantastic article outlines the "PERMA" method, focusing on intentional spending that can bring you genuine happiness.

Saving is important, without a doubt, but there is also room for spending INTENTIONALLY. After all, you work hard for your money.

https://ow.ly/wOxG50PjVHs

How spending and saving impact happiness By Shaun Maslyk, MoneySense • July 2023 • Health and wellness In a world hyper-focused on saving money (which is important, of course), I think we need something more meaningful. Perhaps we can start by exploring how we can spend our money in ways that fo...

07/20/2023

This year, we are proud to partner with our good friends at Simply Supper Ltd. for their annual Lemonade Stand Day in support of the Stollery Children's Hospital Foundation! It's a big milestone too...celebrating 10 YEARS of fundraising.

Mark your calendars to visit us on AUGUST 27 and help raise funds for this incredible resource in our backyard.

If you'd like to set up your very own stand to raise funds as well, check out this link https://ow.ly/4s3250PfO6g.

07/17/2023

Happy 😆!

Today is the unofficial celebration of the introduction of Emoji...crazy 🤯!

What is that ONE Emoji you consistently use? I'd love to see it in the comments! I'll go first...

07/10/2023

"Money grows on the tree of persistence."

Japanese Proverb

07/05/2023

What would you say is your biggest asset?

Many times we hear our cars and our homes...and yes, those are big purchases and make up much of our net worth.

Often though, we forget that those big things that we buy in our lives could NOT happen if we're not able to earn an income. We're required by law and financial institutions in many cases to insure our cars and our homes, but our income is left unprotected.

According to some data (https://ow.ly/1rvh50P42nA finance and https://ow.ly/FTso50P42nB), the average price of a brand new car is about $61,000 and homes are on average about $420,000.

The things is, if you make $150,000 annually and index that to inflation of about 2.5%, your potential income over a 30 year career would be about $6.75 Million 🤯!

When was the last time you reviewed your protection plan?

07/01/2023

Happy Canada Day friends!

Proud to call this place home 🍁.