Damian Alexander CLU
425-6755 Mississauga L5N 7Y2 Mississauga, ON, Canada

Prior to any investment, you have to know your risk tolerance. Your risk tolerance should correlate with your overall financial plan. #financialplan #financiallifeplan #risktolerance #investing #askdamian

When you have a financial plan with long-term goals, investing may not be as exciting as you may have thought. Long-term investing can be compared to watching paint dry, however in the end it can be extremely rewarding. #financialplan #financiallifeplan #askdamian #longterm

Try to be as open as possible with your partner when it comes to your finances. Develop a financial plan with your partner and make adjustments along the way. #partnership #financialplan #financiallifeplan #askdamian

Do you want to work for the rest of your life? Let's put to get together a Financial Plan. #financialplan #investmentplanning #plan #taxplanning

#financialplanning #financiallifeplan #longterm #warrenbuffet #askdamian

Before you enter your next stock trade, think about how this trade will affect your overall Financial Life Plan. Is this trade in line with your overall tax strategy? Will this affect your family's current plan? Is this trade for your retirement strategy? #financialplanning #healthyfinance #askdamian

Short term investing is not for everyone. As a matter of fact, most people win in investing when they have a well planned out long-term investment strategy. These strategies often take into account tax efficiency and current lifestyle. It's all in the plan!

Sometimes the hardest part to beginning your Financial Life Plan is the decision to act. Procrastinators are often perfectionists. It may be psychologically more acceptable to never tackle a job than to face the possibility of not doing it well. #financialplan #financiallifeplan #procrastinators #financialadvisor #askdamian

NEW PODCAST ALERT!!!!! Check it out!! I am excited to be a part of The Health Your Way Podcast!!! Out Now!!! https://fb.watch/3N2BXAmK8P/

Business Owner's Tax Savings Tips in these uncertain times. 1) Utilizing Government Programs Since March 2020 the federal government passed the COVID-19 Emergency Response Act:... - The Canada Emergency Wage Subsidy Covers 75% of payroll costs -Work sharing program extended to 76 weeks from 38 -Appy for low interest or no interest loans and also look for debt service relief 2) Protect Capital Dividend Account (CDA) Balances - Capital losses can erode CDA Balances and you may want to consider a tax-free payout of dividends before capital loss occurs 3) Consider an Estate Freeze - This could generate additional tax savings on the future sale of the business Before implementing any strategy always seek professional advice. @askdamian .

Happy Black History Month It's time to highlight black excellence in finance. Jeremiah G. Hamilton was the first black Wall Street broker. He was noted as " the only black millionaire in New York" a decade before the American Civil War. Jeremiah Hamilton was a shrewd financial agent who managed to accumulate a fortune of $2 million by 1875 which would be about $250,000,000 in today's dollars. Jeremiah was subject to a lot of newspaper coverage at the time however, Jeremiah Hamilton is mostly absent from history books and history literature.

Attention Business Owners Would you like to ensure you have the funds to buy a business partner's interest at their death or retirement? Life Insurance is a great way to:... Fund future succession plans or to fund business continuation plans In conjunction with an estate freeze fund for future capital gains taxes Provide for redemption of shares Provide for estate equalization But remember to seek professional advice when implementing complicated strategies. @askdamian . . . . . . . . . . . . . #businessownertips #retirement#wealthbuilding#pensionplans#askdamian #money

Did you know that a lot of pension plans don't allow for your spouse to get 100% of what's left of your pension? That pension money is YOUR money and you should have the opportunity to pass these assets to your children or to a beneficiary of choice. Don't let the CRA or your pension provider dictate where your funds will go when you pass away. Proper Financial Life Planning will help.... Speak to a professional about ways to transfer those assets to the next generation. Damian Alexander CLU . . . . . . . . . . . . . . . . . . . . #financialplanning #wealthcoach #retirementgoals #betterfuture #economicempowerment #funding #financialwellness #financiallyfree #helpingfamilies #youngprofessional #wealthbuilding #investmentstrategies #buildwealth #financialsuccess #debtmanagement #accountants #payroll #askdamian #pension #retirement #riff#workpension #retirementpension #invest

Attention Business Owners: An alternative for business owners investing in an RRSP is to open up an IPP- Individual Pension Plan. Some of the advantages of an IPP are: Any Contributions are tax-deductible - contributions made to the plan are tax-deductible to the corporation. ... IPP benefits from creditor protection- This means that neither a claim against the business or against the plan beneficiary can result in funds in the IPP being exposed to the claims of creditors. IPP allows for contributions into the plan beyond RRSP- RRSP maximum contribution limit 18% of previous years' EARNED income but IPP allows for more contribution room based on an actuaries calculation. Any questions? @askdamian

It's time to start Your Financial Life Planning Experience. I provide a wholistic way of organizing your finances. This means analyzing all your life insurance policies, your investments, with tax strategies to help you achieve your goals. Ask yourself ... Why did I invest in an RRSP?... Did I choose the right life insurance policy to satisfy my lifestyle? Am I putting enough money away in case of an emergency? Have I provided enough for my beneficiaries? All these questions can be answered when constructing a proper Financial Life Plan. . . . . . . . . . . . . . . . . #financialplanning #wealthcoach #retirementgoals #betterfuture #economicempowerment #funding #financialwellness #financiallyfree #helpingfamilies #youngprofessional #wealthbuilding #investmentstrategies #buildwealth #financialsuccess #debtmanagement #onlinebusinessowner #savvybusinessowners #entrepreneurshipbusinessowner #entrepreneurthing #menterprisers #bigbusiness #atlbusinessowners #chicagobusinessowner #askdamian #financiallifeplan

2020 has been quite a year to remember. I have invested most of 2020 training and curating my craft as an advisor. My training has provided me with an immense amount of information that I dying to share with all of you! This information contributes to enhancing your overall Financial Life Plan. We will expound on a Financial Life Plan in the next couple of weeks. Simply put, a Financial Life Plan incorporates not just finances but all aspects of your life. As we have seen cha...nges in life can greatly change your financial decisions. Stay Tuned as I will be quizzing your knowledge and attention. I will be holding a raffle at the beginning of March. Are you ready to increase your net worth? . . . . . . . . . . . . . #savingsaccount #laptopliving #businessofthe21stcentury #shortterm #roadtofinancialfreedom #additionalincome #nomoredebt #financialplanningtips #financialplanning101 #financialplanning #wealthcoach #retirementgoals #betterfuture #economicempowerment #funding #financialwellness #financiallyfree #financialsuccess #wealthbuilding #invest #financialfreedom #investing #askdamian

You are invited to join us this Thursday July 2nd at 7pm. This will be the final week of the "How to leave a lasting legacy series." "Why You Don't Have Money?" This webinar will be lead by Minnelle Williams Pre-Planning Funeral Director ... & Damian Alexander CLU, Wealth Management Advisor Sign up at zoom.us/webinar/register/WN_t60U-zFkQi6ab6oagRaIPA