Jordan Arndt
@jordanarndt.bsky.social
Helping navigate finances for Canadian families with a focus on generosity.
MBA, MFA-P™, QAFP® Mutual funds through Sterling Mutuals Inc.
Want help in achieving your financial goals: https://jordan.ennsbaxter.com/newsletter
MBA, MFA-P™, QAFP® Mutual funds through Sterling Mutuals Inc.
Want help in achieving your financial goals: https://jordan.ennsbaxter.com/newsletter
The tax man strikes again…..
Except for when it doesn’t! Not usually an option. But here is one.
Non-registered investments that have gone up in value are taxed on their gain when you sell that
investment. Instead, you can donate that investment directly to charity to avoid this tax.
Except for when it doesn’t! Not usually an option. But here is one.
Non-registered investments that have gone up in value are taxed on their gain when you sell that
investment. Instead, you can donate that investment directly to charity to avoid this tax.
January 11, 2025 at 4:04 PM
The tax man strikes again…..
Except for when it doesn’t! Not usually an option. But here is one.
Non-registered investments that have gone up in value are taxed on their gain when you sell that
investment. Instead, you can donate that investment directly to charity to avoid this tax.
Except for when it doesn’t! Not usually an option. But here is one.
Non-registered investments that have gone up in value are taxed on their gain when you sell that
investment. Instead, you can donate that investment directly to charity to avoid this tax.
2024 reads:
Lots of fantastic books, both for inspiration, knowledge, and personal growth. My particular favourites:
Same as Ever by Morgan Housel - One of the best writers of our time - hard to go wrong with his insights.
Lots of fantastic books, both for inspiration, knowledge, and personal growth. My particular favourites:
Same as Ever by Morgan Housel - One of the best writers of our time - hard to go wrong with his insights.
January 10, 2025 at 1:00 PM
2024 reads:
Lots of fantastic books, both for inspiration, knowledge, and personal growth. My particular favourites:
Same as Ever by Morgan Housel - One of the best writers of our time - hard to go wrong with his insights.
Lots of fantastic books, both for inspiration, knowledge, and personal growth. My particular favourites:
Same as Ever by Morgan Housel - One of the best writers of our time - hard to go wrong with his insights.
Strategies are only effective if they support your goals and values.
If it doesn’t, it isn’t the strategy for you
If it doesn’t, it isn’t the strategy for you
January 9, 2025 at 1:04 PM
Strategies are only effective if they support your goals and values.
If it doesn’t, it isn’t the strategy for you
If it doesn’t, it isn’t the strategy for you
Sometimes we all need a little help from…someone else’s dad?
Compounding can be tough to wrap your head around when you are just starting out
saving.
Which is why I was so happy when my client’s dad stepped in to help!
“I’ve put in 125,000, and made an additional $134,000”
Compounding can be tough to wrap your head around when you are just starting out
saving.
Which is why I was so happy when my client’s dad stepped in to help!
“I’ve put in 125,000, and made an additional $134,000”
January 8, 2025 at 12:55 PM
Sometimes we all need a little help from…someone else’s dad?
Compounding can be tough to wrap your head around when you are just starting out
saving.
Which is why I was so happy when my client’s dad stepped in to help!
“I’ve put in 125,000, and made an additional $134,000”
Compounding can be tough to wrap your head around when you are just starting out
saving.
Which is why I was so happy when my client’s dad stepped in to help!
“I’ve put in 125,000, and made an additional $134,000”
What are life insurance term lengths?
They are the length of time that your price will stay the same, before renewing for an
increased cost.
Term 10 - your price stays the same for 10 years
Term 20 - 20 years
Term 30 - 30 years
The longer the term, typically the more expensive your premium
They are the length of time that your price will stay the same, before renewing for an
increased cost.
Term 10 - your price stays the same for 10 years
Term 20 - 20 years
Term 30 - 30 years
The longer the term, typically the more expensive your premium
January 7, 2025 at 1:01 PM
What are life insurance term lengths?
They are the length of time that your price will stay the same, before renewing for an
increased cost.
Term 10 - your price stays the same for 10 years
Term 20 - 20 years
Term 30 - 30 years
The longer the term, typically the more expensive your premium
They are the length of time that your price will stay the same, before renewing for an
increased cost.
Term 10 - your price stays the same for 10 years
Term 20 - 20 years
Term 30 - 30 years
The longer the term, typically the more expensive your premium
Helping your kids buy their first home?
That’s great! Here’s how to add 33% to that gift without changing a thing.
Simply, all you need to do is flow this gift through a FHSA (First Home Savings Account). See the attached table for more information.
That’s great! Here’s how to add 33% to that gift without changing a thing.
Simply, all you need to do is flow this gift through a FHSA (First Home Savings Account). See the attached table for more information.
January 6, 2025 at 1:02 PM
Helping your kids buy their first home?
That’s great! Here’s how to add 33% to that gift without changing a thing.
Simply, all you need to do is flow this gift through a FHSA (First Home Savings Account). See the attached table for more information.
That’s great! Here’s how to add 33% to that gift without changing a thing.
Simply, all you need to do is flow this gift through a FHSA (First Home Savings Account). See the attached table for more information.
The best way I’ve seen to use your TFSA:
Include it in your long-term planning by using a diversified portfolio. Why?
Taking single stock risks in your TFSA is not the place to do it. If that stock has a realized loss, that contribution room is gone forever.
Include it in your long-term planning by using a diversified portfolio. Why?
Taking single stock risks in your TFSA is not the place to do it. If that stock has a realized loss, that contribution room is gone forever.
January 3, 2025 at 12:42 PM
The best way I’ve seen to use your TFSA:
Include it in your long-term planning by using a diversified portfolio. Why?
Taking single stock risks in your TFSA is not the place to do it. If that stock has a realized loss, that contribution room is gone forever.
Include it in your long-term planning by using a diversified portfolio. Why?
Taking single stock risks in your TFSA is not the place to do it. If that stock has a realized loss, that contribution room is gone forever.
I’m going off script here.
The year is wrapping up. I could write about how good the markets have been lately.
I could write again about year end things to do.
I could write about lessons learned while making snowmen with my children in the
backyard (just kidding).
Instead, I wanted to:
The year is wrapping up. I could write about how good the markets have been lately.
I could write again about year end things to do.
I could write about lessons learned while making snowmen with my children in the
backyard (just kidding).
Instead, I wanted to:
December 23, 2024 at 1:19 PM
I’m going off script here.
The year is wrapping up. I could write about how good the markets have been lately.
I could write again about year end things to do.
I could write about lessons learned while making snowmen with my children in the
backyard (just kidding).
Instead, I wanted to:
The year is wrapping up. I could write about how good the markets have been lately.
I could write again about year end things to do.
I could write about lessons learned while making snowmen with my children in the
backyard (just kidding).
Instead, I wanted to:
I feel like this is timely:
“This is the biggest market decline since the last decline you don't remember or care about anymore.” - @morganhousel.bsky.social
“This is the biggest market decline since the last decline you don't remember or care about anymore.” - @morganhousel.bsky.social
December 20, 2024 at 12:18 PM
I feel like this is timely:
“This is the biggest market decline since the last decline you don't remember or care about anymore.” - @morganhousel.bsky.social
“This is the biggest market decline since the last decline you don't remember or care about anymore.” - @morganhousel.bsky.social
Charitable giving isn’t just about donations today—it can be part of a long-term financial plan
Alongside tax/retirement planning, investment management, and more
Generosity planning is a topic that I add to meetings where possible. It doesn’t have to be just reactive, it can be proactive as well
Alongside tax/retirement planning, investment management, and more
Generosity planning is a topic that I add to meetings where possible. It doesn’t have to be just reactive, it can be proactive as well
December 19, 2024 at 12:44 PM
Charitable giving isn’t just about donations today—it can be part of a long-term financial plan
Alongside tax/retirement planning, investment management, and more
Generosity planning is a topic that I add to meetings where possible. It doesn’t have to be just reactive, it can be proactive as well
Alongside tax/retirement planning, investment management, and more
Generosity planning is a topic that I add to meetings where possible. It doesn’t have to be just reactive, it can be proactive as well
The top 2 question themes I get:
1. “Am I going to be ok”
2. “Are my loved ones going to be ok”
Everything else seems to fall underneath.
Am I ok - refers to can I retire, will I survive this market correction, is my level of tax
reasonable, etc.
1. “Am I going to be ok”
2. “Are my loved ones going to be ok”
Everything else seems to fall underneath.
Am I ok - refers to can I retire, will I survive this market correction, is my level of tax
reasonable, etc.
December 18, 2024 at 12:47 PM
The top 2 question themes I get:
1. “Am I going to be ok”
2. “Are my loved ones going to be ok”
Everything else seems to fall underneath.
Am I ok - refers to can I retire, will I survive this market correction, is my level of tax
reasonable, etc.
1. “Am I going to be ok”
2. “Are my loved ones going to be ok”
Everything else seems to fall underneath.
Am I ok - refers to can I retire, will I survive this market correction, is my level of tax
reasonable, etc.
A couple months old, but I came across an eye-opening article that highlights a surprising fact:
The most common outcome of buying a stock is losing all your money.
The most common outcome of buying a stock is losing all your money.
December 17, 2024 at 1:00 PM
A couple months old, but I came across an eye-opening article that highlights a surprising fact:
The most common outcome of buying a stock is losing all your money.
The most common outcome of buying a stock is losing all your money.
A question I’ve tried asking lately during meetings:
“When we are meeting 3 years from now, what are you hoping that meeting looks like?
And what would success look like at that time?”
I know I stole this from someone, but I honestly can’t remember who
“When we are meeting 3 years from now, what are you hoping that meeting looks like?
And what would success look like at that time?”
I know I stole this from someone, but I honestly can’t remember who
December 16, 2024 at 1:06 PM
A question I’ve tried asking lately during meetings:
“When we are meeting 3 years from now, what are you hoping that meeting looks like?
And what would success look like at that time?”
I know I stole this from someone, but I honestly can’t remember who
“When we are meeting 3 years from now, what are you hoping that meeting looks like?
And what would success look like at that time?”
I know I stole this from someone, but I honestly can’t remember who
I like the thought of redefining a “luxury good” and its related spending. What about this:
Providing experiences that help with my mental, emotional, and physical health. Like spending money on activities that get me outside, or travelling to the mountains where you can be active in nature
Providing experiences that help with my mental, emotional, and physical health. Like spending money on activities that get me outside, or travelling to the mountains where you can be active in nature
December 13, 2024 at 1:00 PM
I like the thought of redefining a “luxury good” and its related spending. What about this:
Providing experiences that help with my mental, emotional, and physical health. Like spending money on activities that get me outside, or travelling to the mountains where you can be active in nature
Providing experiences that help with my mental, emotional, and physical health. Like spending money on activities that get me outside, or travelling to the mountains where you can be active in nature
Some clients like getting into the weeds of investment philosophy and strategy.
Others have no interest at all.
No right or wrong
Others have no interest at all.
No right or wrong
December 12, 2024 at 1:21 PM
Some clients like getting into the weeds of investment philosophy and strategy.
Others have no interest at all.
No right or wrong
Others have no interest at all.
No right or wrong
Leading by example to teach our kids - it can be a very effective way to teach generosity.
Lots of simple opportunities - round up your purchase to the next dollar at the grocery store, help a neighbour, support a local charity.
Lots of simple opportunities - round up your purchase to the next dollar at the grocery store, help a neighbour, support a local charity.
December 11, 2024 at 1:00 PM
Leading by example to teach our kids - it can be a very effective way to teach generosity.
Lots of simple opportunities - round up your purchase to the next dollar at the grocery store, help a neighbour, support a local charity.
Lots of simple opportunities - round up your purchase to the next dollar at the grocery store, help a neighbour, support a local charity.
Recently a client put me on the spot. “What would you do if you were me?”
I like this question. I have to put aside my biases, as much as possible, and put myself in the client’s shoes. Knowing what I do about the client, I try to answer as best as possible considering their unique goals.
I like this question. I have to put aside my biases, as much as possible, and put myself in the client’s shoes. Knowing what I do about the client, I try to answer as best as possible considering their unique goals.
December 10, 2024 at 1:00 PM
Recently a client put me on the spot. “What would you do if you were me?”
I like this question. I have to put aside my biases, as much as possible, and put myself in the client’s shoes. Knowing what I do about the client, I try to answer as best as possible considering their unique goals.
I like this question. I have to put aside my biases, as much as possible, and put myself in the client’s shoes. Knowing what I do about the client, I try to answer as best as possible considering their unique goals.
I wanted to recognize the vulnerability that comes with meeting with a financial planner.
When I talk to people, I ask about family, health, values, generosity, and more.
It is not easy to open up about those items. I don’t take this trust lightly.
When I talk to people, I ask about family, health, values, generosity, and more.
It is not easy to open up about those items. I don’t take this trust lightly.
December 6, 2024 at 1:13 PM
I wanted to recognize the vulnerability that comes with meeting with a financial planner.
When I talk to people, I ask about family, health, values, generosity, and more.
It is not easy to open up about those items. I don’t take this trust lightly.
When I talk to people, I ask about family, health, values, generosity, and more.
It is not easy to open up about those items. I don’t take this trust lightly.
We are all invincible, right?
Until we aren’t.
Sitting in a recent client meeting it was clear that something was on their mind. Just the night before, coming home from being out of town, they hit a patch of ice on the highway. They felt the car wobble and ultimately gained control.
Until we aren’t.
Sitting in a recent client meeting it was clear that something was on their mind. Just the night before, coming home from being out of town, they hit a patch of ice on the highway. They felt the car wobble and ultimately gained control.
December 5, 2024 at 12:57 PM
We are all invincible, right?
Until we aren’t.
Sitting in a recent client meeting it was clear that something was on their mind. Just the night before, coming home from being out of town, they hit a patch of ice on the highway. They felt the car wobble and ultimately gained control.
Until we aren’t.
Sitting in a recent client meeting it was clear that something was on their mind. Just the night before, coming home from being out of town, they hit a patch of ice on the highway. They felt the car wobble and ultimately gained control.
One client can retire with about $250,000 saved. Another would spend that in a year.
So how do we know where you land?
We have to do the work to figure it out. Rules of thumb help, but only can go so far.
So how do we know where you land?
We have to do the work to figure it out. Rules of thumb help, but only can go so far.
December 4, 2024 at 12:54 PM
One client can retire with about $250,000 saved. Another would spend that in a year.
So how do we know where you land?
We have to do the work to figure it out. Rules of thumb help, but only can go so far.
So how do we know where you land?
We have to do the work to figure it out. Rules of thumb help, but only can go so far.
Recent read - Exceptional Service Exceptional Profit
Key takeaway:
Summed up by this quote. “The primary threat to a business today is the perception by customers that all you offer is a replaceable, interchangeable commodity”.
Key takeaway:
Summed up by this quote. “The primary threat to a business today is the perception by customers that all you offer is a replaceable, interchangeable commodity”.
December 3, 2024 at 3:26 PM
Recent read - Exceptional Service Exceptional Profit
Key takeaway:
Summed up by this quote. “The primary threat to a business today is the perception by customers that all you offer is a replaceable, interchangeable commodity”.
Key takeaway:
Summed up by this quote. “The primary threat to a business today is the perception by customers that all you offer is a replaceable, interchangeable commodity”.
A concern that I hear from charities who have received charitable gifts through donor- advised funds is that they lose visibility of who the donor is. If the donor wants to be anonymous, that makes sense.
December 2, 2024 at 12:54 PM
A concern that I hear from charities who have received charitable gifts through donor- advised funds is that they lose visibility of who the donor is. If the donor wants to be anonymous, that makes sense.
Retirement income stream
Fancy way of saying - how you will pay yourself when you are no longer working.
OAS, CPP, pensions, TFSAs, RRSPs, and more, are all part of your potential retirement income sources.
Fancy way of saying - how you will pay yourself when you are no longer working.
OAS, CPP, pensions, TFSAs, RRSPs, and more, are all part of your potential retirement income sources.
November 29, 2024 at 1:08 PM
Retirement income stream
Fancy way of saying - how you will pay yourself when you are no longer working.
OAS, CPP, pensions, TFSAs, RRSPs, and more, are all part of your potential retirement income sources.
Fancy way of saying - how you will pay yourself when you are no longer working.
OAS, CPP, pensions, TFSAs, RRSPs, and more, are all part of your potential retirement income sources.
The government incentives with a Registered Disability Savings Plan (RDSP) are important to understand to fully maximize your use of the account.
Here they are:
Here they are:
November 28, 2024 at 12:20 PM
The government incentives with a Registered Disability Savings Plan (RDSP) are important to understand to fully maximize your use of the account.
Here they are:
Here they are:
Recent client conversation - “we can do what we want today and aren’t sacrificing for
the future”
This is the sweet spot. Taking care of saving and other priorities today, while not
sacrificing the future retirement lifestyle.
They’ve balanced living for today and tomorrow
the future”
This is the sweet spot. Taking care of saving and other priorities today, while not
sacrificing the future retirement lifestyle.
They’ve balanced living for today and tomorrow
November 27, 2024 at 1:05 PM
Recent client conversation - “we can do what we want today and aren’t sacrificing for
the future”
This is the sweet spot. Taking care of saving and other priorities today, while not
sacrificing the future retirement lifestyle.
They’ve balanced living for today and tomorrow
the future”
This is the sweet spot. Taking care of saving and other priorities today, while not
sacrificing the future retirement lifestyle.
They’ve balanced living for today and tomorrow