Trusted Tips and Resources

Trusted Tips & Resources

Trusted Regina Financial Management Consultant John Barabe Discusses Inflation and Investments

John Barabe is a Trusted Regina Financial Management Consultant and he has an unwavering commitment to quality and service which has enabled him to build and retain a successful practice in Regina. He and his team of Regina financial professionals and support staff believe that planning with honesty and integrity are cornerstones to improving their clients' quality of life. He applies his knowledge to help clients make the right choices when considering all the product and service options that exist in today's marketplace. In his latest Trusted Regina financial expert article, he shares information on investment strategies and how to keep up with the pace of inflation. 

Do your Investments Keep Up with The Pace Of Inflation?


If you need $1000 per month for expenses and you have $1,000,000 in deposit accounts (for example a guaranteed investment certificate, term deposit, or savings account) earning 1.2% you are set, right? Well, if inflation is 2% the expenses will increase from $12,000 to $14,628 in 10 years and to $17,831 in 20 years. Your investment falls short of the income you need so you end up spending your original capital to make up the shortfall. 


What you need is a return that will allow you to draw an income that keeps up with the cost of living.  


Let’s simplify further with an example of the poor current deposit account returns:


In 1991 $150,000 invested in one year GIC’s earned enough to purchase a new Ford.

In 2011 $150,000 invested in 1 year GIC’s earned enough to purchase the same 1991 Ford.



Despite record low interest rates, you still need an income from your investments. If your investment return is coming from a guaranteed deposit account currently, you may not even be keeping up with inflation.  

What if there were a way to get a better return, a reasonable return, and still remain low risk? 

Unfortunately many people that need income for retirement or even just an investment return that is reasonable are not getting this direction.  I will provide you with access to unique methods to reduce risk, while allowing you the returns you deserve with the objective of maximizing your returns. I want to assure you there are investment strategies that can outpace inflation and provide you with reasonable retirement income. 


I thank you for reading this article and would like to offer you a value-added service for your time. I will make myself available to act as a sounding board. Please understand, you do not need to become a client to take advantage of this service. The reason I do this is because I became a financial advisor to help people make informed choices with their financial future. It’s very gratifying. One of two things typically occurs when going through this process; either I validate for you that your current approach is fundamentally solid, or I reveal a few minor flaws that you might want to consider adjusting.  As you know, minor adjustments can often lead to major improvements down the road. Either way, I will make myself available and ensure that this is a great investment of your time.


John Barabe, Madison Schenher and team.


John Barabe  is a Trusted Regina Financial Management Consultant




Trusted Regina Financial Management Consultant John Barabe Discusses Protecting Your Principal

John Barabe is a Trusted Regina Financial Management Consultant and he has an unwavering commitment to quality and service which has enabled him to build and retain a successful practice in Regina. He and his team of Regina financial professionals and support staff believe that planning with honesty and integrity are cornerstones to improving their clients' quality of life. He applies his knowledge to help clients make the right choices when considering all the product and service options that exist in today's marketplace. In his latest Trusted Regina financial expert article, he shares information on protecting your principal when investing. 

Protecting Your Principal 

There are many managed money (mutual fund-like) investment options. In Canada alone, there are over 20,000, and there are a further 70 plus financial institutions offering GIC’s and term deposits. A program I subscribe to lists over 100,000 investment alternatives and this is by no means comprehensive. That’s a lot to sort through! 

 

Do You Invest? 


If you invest your money into stocks, bonds, mutual funds, or a managed investment that is made up of any of these, the risk to your capital can be greater than you are willing to accept. With so many choices out there it can feel like a gamble with your life savings to pick one. If you invest in GIC’s you have a guaranteed yield, but how are you going to generate a fair return? GIC rates are among the lowest they have ever been in Canada, so this is not a good thing when you are about to earn your living from the interest. 


$500,000 invested in a 2% GIC earns $833 a month. This is very modest living from your life’s savings leaving you no alternative but to spend less or use up your invested capital if you need more.


So What Is The Solution?  


Just because interest rates are very low in Canada, does not mean they are just as low everywhere in the world. I can provide you the right direction and expertise so you can be safely rewarded by gaining access to these higher interest rates.


What About Using The Stock Market?  


In order to get a better rate of return than the near-zero returns that a guaranteed investment provides, many people turn to the stock market. Although in many years you may do well the obvious downfall here is that without warning the stock market can drop significantly taking your life savings with it.  


Suppose I told you there is a way to avoid these major declines but still have the upside the stock market provides?  



Think of how house insurance protects you from your house burning to the ground. Insurance provides a cheque that offsets your losses. It makes you whole once again (minus your deductible). We have no idea when our house could burn to the ground, just as we do not know when the stock market will experience its next major decline. I can protect your life savings in a manner very similar to how house insurance protects your house, eliminating the need to know when the next crash will happen.



Let’s call your investment protection “price drop insurance”.  With this protection in place, you can participate in the good years without having to expose yourself to the bad. You can sleep at night knowing you have protection and no longer need a crystal ball.


If you had any portion of your investments in stocks, you know how badly you did with the stock market crash in 2008. We all know that the stock market will experience another major decline again. My clients did better because of this 2008 stock market crash than they would have without it because there is above average opportunity, but only in the right direction. The good news for them is that the stock market will go down again, allowing the opportunity for above-average returns again.  


How will you fare with the next stock market correction?  


I would be glad to share with you more details of how my clients profit from market declines.  

On that note, we are past due for the next major market decline. I also have evidence that the next stock market decline will be significant. I would like to offer you a value-added service for taking the time to read this article.I will make myself available to act as a sounding board. Please understand, you do not need to become a client to take advantage of this service. The reason I do this is that I became a financial advisor to help people make informed decisions about their financial future. It’s very fulfilling.  

One of two things typically occurs when going through this process; either I validate for you that your current approach is fundamentally solid, or I reveal a few minor flaws that you might want to consider adjusting.  


As you know, minor adjustments can often lead to major improvements down the road. Either way, I will make myself available and ensure that this is a great investment of your time.


Sincerely,

John Barabe, Madison Schenher and team.


John Barabe  is a Trusted Regina Financial Management Consultant




Trusted Regina Financial Advisor Shares a Tip on Estate Planning Strategies

John Barabe has an unwavering commitment to quality and service which has enabled him to build and retain a successful practice in Regina. He and his team believe that planning with honesty and integrity are cornerstones to improving clients' quality of life. He applies his knowledge to help clients make the right choices when considering all the product and service options that exist in today's marketplace.

Here he shares a tip on Estate Planning Strategies.

Estate Planning Strategies



Many families are not aware of the estate planning options necessary to ensure their intentions are carried out on death.  Estate planning is complicated enough without adding family dynamics into the mix making preparation important.


With the current trend of living together without getting married many couples think that the same marital status that applies to taxation also applies to estate.  It does not.  

Upon death, without a valid will, a common law partner is not recognized as a spouse and would be excluded from a share in the estate.

Consideration and selection of an appropriate nominee guardian for minor children is an integral part of the estate planning process.  Why risk courts and government agencies intervening to make decisions.  You need certainty that the care of your child’s life is in the right hands.  Emotional toll is only compounded with the potential of inheritances that may be tied up and or depleted in the process.


Although a will only makes up a portion of an estate plan, there are many unintended mistakes that are commonly made.  For example, many people enter into identical wills with their spouse or partner.  

What few are aware of is by law the survivor may not change or revoke his or her will after the death of their partner.  Changes could be contested causing family problems and unintended beneficiaries.  

What if the surviving spouse develops additional needs?  What if one of the children divorce and both are beneficiaries?  What if a surviving spouse wishes to make special arrangements for a caregiver or charity that helped either party in a time of need?  The variations are endless.  This common problem is solved by adding a simple provision to your wills. 


Sometimes seemingly small word changes can have unintended but substantial legal ramifications that result in dramatic changes to the distribution of assets from what was planned.  Small changes can undo best intentions and unfortunately family conflict can result.


The process John follows for estate planning includes:


  1. Complete an estate planning checklist.
  2. Meet with you and your spouse or partner and clarify and confirm desires and objectives
  3. Ensure the people involved with your estate are aware of the intentions.  This can include beneficiaries, executors (or executrixes), trustees and guardians.  
  4. Then implement.  All the other steps are not valuable without action.

Make sure your beneficiaries are taken care of, according to your wishes. 

John Barabe and his team carefully consider your needs, goals and dreams in order to implement a well-constructed financial strategy, so that you can have peace of mind about your hard-earned money and financial future. They can simplify your life by addressing your complete financial well-being, which encompasses everything from:

John Barabe is a Trusted Financial Advisor


The opinions expressed within this article/communication are those of the Financial Advisor and are not necessarily those of Keybase Financial Group Inc. Any data provided is for illustration purposes only. Clients and prospective clients should always read a product prospectus and fully understand all of the risks associated with the product before purchasing.

Third party publications are not prepared by Keybase Financial Group Inc.The opinions, estimates and projections contained in the publication are those of the author as of the date of the indicated and are subject to change without notice. Keybase Financial Group Inc. makes no representation or warranty, express or implied, in respect therein and accepts no liability whatsoever for any loss arising from any use of or reliance on the reports or its contents. The provisions of the publication are not to be constructed as an offer to sell or a solicitation for or an offer to buy any securities.

Trusted Regina welcomes H & A Financial Advisors - Portfolio Strategies as a Trusted Regina Financial Expert!

The Trusted Regina directory team are proud to announce H & A Financial Advisors - Portfolio Strategies as a Trusted Regina Financial Expert!

 

H&A Financial Advisors serve individuals, families and business in the Regina area. Their primary goal is to help each client meet their unique financial goals.

When looking into Financial advisor we know how much your money means to you.  When we came across Kelly and his team we had some amazing reviews about the personal touch they bring. Many people commented not only about Kelly but his amazing support staff and how they go above and beyond for their clients.

"Kelly is very professional, I had changed advisors many times and finally found somebody I can TRUST” – Wade B

“We are very happy with H&A Financial Advisors and highly recommend them to anyone.  They are great people and we appreciate that they truly look out for our best interests” – Alison H

“When my father was in the hospital, Kelly came and reassured him and the entire family that everything was taken care of.  He went out of his way to go over every detail of my father’s information.  He also visited my mother afterward to help her thru everything.  He really made a difficult time easier and now my entire family uses him.”- Cindy V 


Kelly Aikens - the Branch Manager  began his financial planning career in 1989 with Canada Life as a Career Agent. He left Canada Life and went into practice with Ken Holliday to form H & A Financial Advisors in 1996.


Kelly earned his designation as Chartered Life Underwriter (CLU) in 1994 and his Chartered Financial Consultant (CH.F.C) and Certified Financial Planner (CFP) designations in 1997. He has been a member of Advocis and the National Association of Financial Planners since the start of his career. Kelly also served 2 terms as chairman for the complaint and investigation committee of the Life Insurance Council of Saskatchewan.

As professional financial advisors, they continually strive to see every client realize all of their financial dreams. Whether your goal is to save for a new home or your retirement, protecting loved ones from financial loses or managing your portfolio wisely, they have the experience and resources to meet your needs.

It's your money... and your peace of mind. They understand that.

H & A Financial Advisors are Trusted Regina Financial Services Experts!

Trusted Regina.com Directory Personal Finance Show on Talk to the Experts on Newstalk 980 CJME !

www.trustedregina.com is proud to be hosting a Talk to the Experts show " The Trusted Show' Every Month on Newstalk 980 listen to the previous shows here 

Novembers show features Chris Worby from Worby Wealth Management your Regina Financial Services expert  Trusted Regina Mortgage broker  and Stephen Barlow from Dusyk & Barlow Insurance your Trusted Regina Insurance expert joined Dave Arnold to chat about Trusted and to answer our Regina Facebook Fans  questions on PERSONAL FINANCES!

Listen to the  Show below ..send the link to your friends who missed the show or access all the Trusted shows on DEMAND on the Trusted Channel.  We are the only Regina directory that works for you!

Listen to hear who WON the prize package including an Apple TV, a $100 Gift Cert to CRAVE and a $100 Gift Certificate to Golfs Steak House

Part 1 - Sara the Trusted Founder tees up the show and Chris From Worby Wealth Management 

 

 

Stephen from Dusyk & Barlow makes Insurance FUN...and the winner of this weeks prize is drawn!!

 

  

 

Congrats to yet another Trusted Regina Facebook fan ..Dave picked your GREAT question and you win the great Prize package from the Trusted Regina Directory Experts!! It always pays to be a fan or a follower ( on twitter @Trustedcanada  ) of Trusted! Contests and things to be won all the time!

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