TFP Tax & Financial Planning Corp

09/23/2021

The question is how, and the answer is not easy. China can bail out the company relatively easily, directly or indirectly…provided the government is willing to do the same for quite a few other over-levered companies. Not doing so risks internal contagion and social pressure.

07/30/2021

What could go wrong?

Stock markets at all time highs.
Housing at all time highs.
Interest rates at all time lows. (Even junk bonds have a negative yield?)
Lots of liquidity as the countries keep printing money to buy bonds and Treasuries.
Job openings at all time highs.

This will last forever, right?

What could go wrong?

07/27/2021

This and the debt … how will it be resolved?

The Financial Times on the record low for this measure of US real yield.

As noted in the article, a similar measure for Europe also registered a new low.

https://www.ft.com/content/71d6661d-7a62-4a5f-959b-4cb2f1e94d68

07/27/2021

It is a scary debt cliff.

Navigating the Markets — Street Signs, CNBC

01/27/2021

Reluctant to open your statements?

That dreaded time has come again, thinking to yourself “Just open it, just click open.” Awaiting your fate - seeing whether your portfolio is up or down - can be nerve-wracking. Some investors file their statements without opening them, hoping their advisor is on the ball. Staring at those figures can be daunting; they aren’t just numbers on a screen or page. They’re your future.

A rush of thoughts come quick and fast: “Do I know enough about my holdings? Do I have enough in the pot? Does my guy know what he’s doing?” It’s not surprising some of us avoid reviewing our statements, since our livelihood may lie in the balance.

Nobody truly ‘knows’ where the market is going: up or down. Having an advisor you can trust to act on your behalf improves your chances of protecting your capital and building your wealth over the long term.

Many Canadians choose RRSP time in February to take a glance at their statements, sometimes wondering whether to close their eyes again or call a new advisor. Others wait for a tumultuous event like a stock market crash to wake up and change tactics. But there’s another way.

With a prudent, experienced advisor - one that you trust - opening those statements might become a little less stressful.

11/11/2020

Lest we forget

06/19/2020

Most of us feel we’re paying way too much income tax, but too many of us throw up our hands thinking there’s nothing to be done about it and write the check. If you’re tired of that, we have a better idea. Our simple common sense solution starts with a Free Consultation and an introduction to Strategic Tax Planning from TFP.

Keep more of what you earn – TFP clients save up to 50%.

Tax planning is both our passion and a core strength. We begin with a review of your investment strategy in order to fully understand your goals. Then, with the right plan in place, you’ll save on your taxes this year, next year, and for many years in the future. It’s not magic; it’s planning and hard work that strategically reduces taxes.

03/02/2020

While it’s still very early and trading is light, the indications for the stock market open is far from reassuring as of now.

US Dow futures currently point to another 1% loss at the open.

‪The distinct risk off tone is also visible in the fixed income markets, including a 1.10% yield on The 10-year US government bonds (chart below).

The latter in particular will put yet more pressure on central banks to act, to do so quickly, and in a correlated of not coordinated manner.