Cell Bills Impact Credit

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As you may know, credit reporting agencies collect all the data on your loans, lines of credit and credit cards to create your credit report and calculate your credit score.

How to NOT Retire Broke

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According to a recent survey, out of 100 people who start working at the age of 25, by the age 65:
1% Will be considered wealthy
4% Have adequate capital stowed away for retirement
3% Will still be working
63% Are dependant on the fed, friends, relatives or charity
29% Are dead

Sad but true. How about you? Have you ever wondered how much money you need to retire comfortably? Are you concerned about your financial future?

If so, I totally understand. It’s not your fault. You’ve probably heard a million opinions and got free advice (usually worth about what you pay for it) and you’re more confused than ever.

That’s OK. Help is on the way.

With the right plan and the right advisors, you can position yourself, and your family, on the path to financial security.

Here’s how to do it…

Tax Advantages of Dividend Income

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Are you planning on setting aside extra savings in the near future?

When you’re building savings for a long-term goal like retirement or education, keep in mind the tax implications of your investment.

If you’re earning bank interest, you pay income tax on that interest. But if you invest in stocks that pay a dividend, you can reduce taxes and keep more money for financial goals.

Here are the tax advantages of dividend income…

The Right Reasons to Refinance

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While there may be a good reason to refinance your home, it’s essential to refinance strategically, so you avoid placing your family at greater financial risk.

The #1 Wealth-Building Habit

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As you know, there are lots of ways to “skin the cat” when it comes to building wealth. Frankly, it can get downright overwhelming when you start to think about all the options available.

Mortgage Insurance vs. Term Life

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When you buy a home, you’ll probably be asked if you’d like mortgage insurance.

But if you already have life insurance, do you really need mortgage insurance too?

5 Wealth-Repelling Attitudes to Avoid

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Have you ever wondered if the way you habitually think is helping or hindering your ability to attract wealth and prosperity?

Well, recent studies indicate that we can actually unwittingly sabotage our ability to achieve financial security.

Here are 5 wealth-repelling attitudes to steer clear of…

Buying a Fixer Upper? Here’s How to Fund the Reno

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With house prices still rising, sometimes the only home you can afford is a fixer upper.

If you’ve been considering buying a place than needs a little TLC…

Here’s the easiest way to get financing for your reno…

Protect Yourself from Mortgage Letdown

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Are you self employed and can’t prove income? Do you have lots of questions about mortgages and you need answers? Is your credit less than perfect and you need advice on how to get it back on track? Or are you just too busy to make an appointment with your bank? If this sounds familiar then why not give us a call and protect yourself from mortgage letdown. Get Invis working for you.

Ethical Investing


Your financial goals and social conscience don’t have to be mutually exclusive. With ethical investing, it’s possible to earn healthy returns without having a negative impact on others or the planet.

Ethical investing involves putting your money into funds or companies that meet the ethical and environmental standards you’re comfortable with.

However, just because your money is doing good work doesn’t mean you have to sacrifice profits.

During the two or three decades that socially responsible mutual funds have been available, they’ve averaged comparable or better performance than mainstream funds.

For instance, companies involved in green energy are currently considered to have huge growth potential.

The first step in ethical investing is deciding what’s important to you. Determine which industries you don’t want to invest in, whether that’s arms manufacturing, tobacco, child labour, gambling, etc.

Then decide which areas you do want to focus on. There are lots of ethical mutual funds on the market, and you can choose from funds that help promote human rights, the environment or social change.

Or if you’re already working with a financial advisor, ask about the practices of the companies in your current portfolio, and make sure your advisor understands your criteria for ethical investing.

This is just another reminder that we can profit and make a positive impact in the world at the same time.

For a free consultation on how you can use your mortgage to accelerate your wealth, call us today!

Monica Peckford is using WP-Gravatar

DBA – Invis West Coast Mortgages