Design An Even Better Future - Is it Time For An Upgrade?
?Steve MacLellan, P.Eng - The Financial Engineer?
Helping entrepreneurs and business leaders make informed financial decisions so they can secure their wealth, design their future, and achieve ambitious goals for their business, family and community.
How are you holding up during these crazy swings the pandemic is throwing our way? It's been a bumpy ride - yet there's been a lot of positives and improvements!
Is it time for an upgrade? To take advantage of the new opportunities out there?
Here's November's issue of Design Your Future with a?strong focus on upgrades and getting to the next level.
This issue is to help empower you, to find opportunities, to live by design. It's directed towards my clients, and contacts that are consultants, business owners, and leaders that want to do even better! If you find the info useful, forward it to a friend and they can subscribe?here
Design Your Future - Inside this issue...
The Top 5 Myths the Financial Industry is Trying to Sell You…
Myth #4….
I may be a little harsh on this one as we all heard if you don’t have a plan, then you have a plan to fail.
Problem is, most financial plans are garbage, the rest are only a starting point.
It’s not the plan that is valuable, it’s the planning!
The ability to make educated and smart decisions when the plan hits the fan! The planning and process is invaluable…. and often neglected.
Do you agree or disagree? What do you think myth number 5 is?
You Cannot Be Serious...
Whereas most investors are familiar with the main equity market indices, less are familiar with bond, currency, and commodity market indices. And even fewer are familiar with volatility measures within each of these markets.
Over the last 20 years, equity markets have produced 3 major market corrections. The volatility and recovery times around each correction has affected all investors, with some much more than others.
Markets are volatile. Yet, all markets usually show long periods with low volatility and high complacency. And then, when volatility eventually returns to any market, it is usually swift, aggressive and unforgiving for those who are unprepared.
Currently, complacency is at all-time highs across effectively all markets. Put another way, volatility levels are at all-time lows. For this to occur across all markets at the same time, should catch your attention.
In this latest IceCap Global Outlook by Keith Dicker, they share with readers why understanding volatility and complacency levels are critical to providing you with an opportunity to both protect and grow your capital.
Provincial Support and Existing Federal Support Update
We are not out of this yet, but getting close - each phase is described in detail in the best resource I have come across for info on the lockdowns and pandemic support. Check the latest and greatest on the?Halifax Chamber Website.
To date, the best program for Business Owners is?Canada Emergency Business Account:
If you are a small business or non-profit, you may be eligible for an interest-free loan of up to 60,000 of which 20,000 will be forgiven.
The Financial Engineer's BUSINESS OWNER OF THE MONTH
Would you like to have your product, service, or professional profile shared with 14,000+ (LinkedIn, Facebook, and Monthly Newsletter)? Every month, I will introduce a "do-gooder" / business owner/entrepreneur that is making their communities even better with their business and "can do" attitude!!
November's Business Owner of the Month is Ryan and John MacLellan - founder of?Cove Kombucha?- go with your gut!
Stay tuned for John and Ryan's full interview and success tips!
The Financial Engineer's Investment Tip of the Month
Now is the time for you to diversify or at least get ready for it, but diversification doesn’t mean owning several stocks or funds.?In fact, losses in the markets and taxes are two major villains stopping most from financial success. A diversified portfolio consists of several wealth creation strategies that limit loss and reduce taxes.
Are you truly diversified? Do you want to be?
Keep your money instead of giving it away to taxes, banks, fees, and the unknown
Get Access to a Free One-Hour Master Class for the Masterminds at IBCanada Group about Financial Management & Infinite Banking
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EVENTS:
Upcoming Webinars (Atlantic Time):
Let me know if you would like me to add your webinar here.
I highly recommend the following resources to help you and your business expand and become more effective and efficient:
Let me know if you would like a recording of my favorite business and financial webinars and podcasts. Make More Money and Design Your Future videos can be found?here
November is a Great Time to UPGRADE!!!!
We are getting one day closer to the end of the pandemic, thank heavens. Things will not go back to what life was back in 2019 - well, not for me and not for my clients...
Is it time for an upgrade? To take advantage of the new opportunities out there?
If so,?read this
I wanted to take this time to say thank you. Thank you for your introductions to people like you - it is much appreciated....
If you want to be introduced to the difference value-based financial planning can make, when you're ready... here are 3 ways we can help:
Option 1.
We help my clients improve their money and success mindset, habits, and processes. If you would like to run through my process that’s helped others create an even better life, you can book a quick 15 min chat to see if I can help you too. Just?CLICK HERE?to see my calendar through our online scheduler.
Option 2.
Do it yourself with alliances and partnerships that offer direct ETF investing, financial planning tools and do it yourself insurance, I have placed my years of research and resources in one place. That place is?here.
Option 3.
Attend my next free webinar: Every quarter I get together online with a handful of other local business owners and share with them the most current research and insights into proper financial planning - specifically for business owners. If you'd like to participate or just listen in on the next session, please email me at?[email protected]?and I'll forward you the details.
As you already know, If you don't have a plan, you will become part of someone else's plan... Let's design an even better future!
Be Healthy, Wealthy, and Wise! Push through the noise and...
Steve MacLellan, P.Eng
"The Financial Engineer"
+19022406508
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