|
Kate Vician – An Indomitable Lady |
|
|
|
 Kate Vician is the kind of strong and independent woman that I have always admired. Even the word indomitable seems inadequate to describe her. She has survived the loss of her mother to tuberculosis at age nine, being unwanted by more than one stepmother, the bombing of Berlin during WWII, the atrocities inflicted on her by enemy soldiers at the tender age of 17 and the recent death of her husband after 50 years of marriage. |
|
Read more...
|
|
|
R. J. Haney Heritage Village Honours Salmon Arm’s Past |
|
|
|
 Just south of the Highway 1 intersection on Highway 97B is the 40-acre R. J. Haney Heritage Village, one of Salmon Arm’s best-kept secrets. Not that the museum isn’t busy, with 12,000 visitors a year, but according to curator Deborah Chapman most of these visitors are tourists or locals attending special events. |
|
Read more...
|
|
|
What Was Old is New Again |
|
|
|
|
The Seniors CHOICE, over the past two years, has carried several stories about people supporting the philosophy of the ‘100 Mile Diet’ and farmers and gardeners collecting and sharing ‘heritage’ seeds. In the early days of the ‘Diet’ most followers were looked on as weird, hippy crackpots – but no longer. Thanks to the sky-high price of oil, the idea of communities becoming self sufficient in food now seems forward thinking and revolutionary! |
|
Read more...
|
|
|
Are segregated funds right for your investment portfolio? |
|
|
|
If you're concerned about preserving wealth for the next generation, or just want to manage investment risk, there may be a place in your portfolio for segregated funds.
In many ways, segregated funds are similar to conventional mutual funds. But there is a key distinction: Segregated funds guarantee that you'll get part or all of your original capital back after a number of years. They offer other features, such as estate planning advantages, a death benefit guarantee and potential creditor protection.
Segregated funds are a way to make sure you get at least part of your original investment back, regardless of what happens with financial markets. This makes them excellent vehicles for retirement investments.
Segregated funds are made possible by combining the features of mutual funds with insurance protection. These funds get their name from the fact that each fund represents a pool of assets that are "segregated", or held separately from, an insurance company's other assets.
When you die, your beneficiaries receive the greater of the current market value of the investment or between 75% and 100% of the invested amount (less withdrawals). If you designate a beneficiary outside of your estate, your investment will be free of probate and executor fees upon your death. Beneficiaries receive proceeds quickly and privately.
A segregated fund is really a variable annuity in the form of a contract with a specified maturity date-typically 10 years from the date of purchase. At maturity, the investor is guaranteed to receive a portion or all of the initial investment. Most funds guarantee the return of 75% of the original investment when they mature, although some offer a 100% guarantee.
When you invest in a segregated fund, you purchase an individual variable insurance contract. Premiums are paid to the insurer, based on the value of the fund. When the investment is redeemed, the insurance company returns premiums, based on the current value of the units in the fund.
Like conventional mutual funds, segregated funds can be easily purchased and redeemed, offer the potential of capital gains, and a large selection of funds is available through mutual fund organizations that have teamed up with life insurers to sell these investments.
Segregated funds cover the same asset classes as mutual funds, including Canadian equities, U.S. equities, international stocks, bonds and money markets. Some can be purchased without sales charges, ("no-load" funds) while others incur charges ("loads"). Segregated funds are available in both Registered and Non-Registered plans.
The demographics of the Canadian population is changing, with a growing number of baby boomers heading towards retirement. Insurance companies have started to develop new segregated fund solutions to match the needs of these Canadians. Living longer and concern about having enough income during the retirement phase of your life can pose some challenges. Income solutions such as Guaranteed Withdrawal Benefit options are starting to emerge to help Canadians better manage their income during retirement.
However, there is a price to pay for the features of segregated funds. These funds usually have higher management fees than similar mutual funds to help cover capital guarantees and the insurance portion of the investment.
Insurance and annuities are offered by Edward Jones Insurance Agency (except in Québec). In Québec, insurance and annuities are offered by Edward Jones Insurance Agency (Québec) Inc.
|
|
It would be great to see my high school pals but I also dreaded our reunion. Forty-nine years earlier, these pals and I snickered behind our books at reunions of other funny-looking codgers. Now we were codgers.
Not wishing to be snicker material myself, I began well in advance to disguise my codgerism. Gasps of admiration would mark my sweeping entrance: “Wow! She hasn’t aged a day!” When I failed to diet away my bulges, I frosted them over with a glitzy wardrobe. My pricey dye job and makeover were designed to transform me into the dinner’s dessert sensation.
|
|
Read more...
|
|
|
|
<< Start < Prev 1 2 3 4 5 6 7 8 9 10 Next > End >>
|
| Results 28 - 36 of 849 |
