Ken Stern Custom Financial Solutions
500-1867 Yonge St. M4S 1Y5 Toronto, ON, Canada
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General Information
Locality: Toronto, Ontario
Phone: +1 416-371-1800
Address: 500-1867 Yonge St. M4S 1Y5 Toronto, ON, Canada
Website: Kenstern.ca
Likes: 166
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Facebook Blog
Financial complacency can be very dangerous. Here are some erroneous thoughts of investors at various ages. Starts out with thoughts form people in their 20's and every decade throughout life. Courtesy of #EdgePointWealth http://bit.ly/1S6cty8
Stop paying more tax than you need to. Here are some tax tips courtesy of Money Sense magazine. http://bit.ly/1V6Musn
It's not going to be doom and gloom forever.
There's lots of key info in this Canadian Essential Tax Numbers for 2016 https://t.co/BuNRVB97Qa #taxinfo #paylesstax #taxfreedom
There have been a number of precipitous declines in the price of oil over the years. Here's a refresher to put it all into perspective. 79% decline 2008 to 2009 was followed by a 274% recovery; 59% decline 1996 to 1998 was followed by a 244% recovery; 66% decline 1990 to 1993 was followed by a 90% recovery; ... 62% decline 1985 to 1986 was followed by a 273% recovery. Oil is currently down 72% from 2014 The price may recover faster than you think. Read more here: http://bit.ly/1OTuKJV
Life can be beautiful
You may enjoy paying ultra low mortgage and loan rates but here's why zero interest rates are a BIG problem. In the U.S., a one percentage-point boost in rates would increase U.S. government interest costs by around $180 billion from its present level of around $400 billion. That's a 45% increase in debt service and rates would still be at historic lows. Unless offset by increased economic activity, this would significantly increase both the budget deficit and government debt levels. https://t.co/J92RPbi1eJ #ZIRP
Get your money out of your mattress. If you're waiting for markets to correct the time will never be right. There's always something in the way but with a well thought out investment plan you can reach your financial goals. http://t.co/DK3F21cdND
I am REALLY tired of the speculation over the pending Fed rate hike. As NIKE would say, JUST DO IT already. Zero Interest Rate Policy and Financial Repression for savers. This is MADNESS #fedratehike #ZIRP
No Panic, No Sell. - No Sell, No Loss. I know it's tempting to think about selling your investments to avoid further declines but that's one of the worst things you can do at a time like this. If you're really nervous, maybe it''s time to re-think your overall asset allocation. http://bit.ly/1KIe6KC
Dividends can actually be toxic for seniors who want to maximize their OAS http://t.co/59L4I6b91P
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