Mike Schmidt Investment Advisor
Suite 103 360 Selby Street V9R 2R5 Nanaimo, BC, Canada

Morning workouts sure looking a lot different these days. Trying to get a good sweat at 5:00 am without waking the whole house up isn’t easy! Nice view though.

Always happy to support our local friends and clients drip. coffee | social especially on a Monday when it looks like this! Thanks guys! Glad to see you’re up and running with an excellent, safe, easy to use walk up counter!

I thought this was a very well written view in our current situation. Give it a read- let me know your thoughts. We are all in this together!

Out local Harmac Pulp Mill doing their part in the fight against Covid19!

These are trying times to be sure. Stay home. Stay safe and we will get through this together.

Spring break holidays coming up? Concerned about your travel insurance covering COVID-19? Of course you are. Follow the link below for some good info from one of Canada’s largest carriers. Call me anytime to discuss or if you need insurance before you go!

There will always be a reason to sell your portfolio and at the time will always seem logical. With the markets down sharply over the last week due to the Coronavirus this seems like as good a reason as ever. In hindsight, running from your investment due to the days headline makes little sense.

Have you started a RESP for your child(ren)? Every child in B.C. between the age of 6 and 9 is eligible for $1200 of free grant money. You don’t have to contribute anything- just open the account and apply for it. Which I am happy to help you do. Additionally for every $2500 you deposit annually the government will add $500.

Many people I meet with are initially worried about not having sufficient investment knowledge or not having enough to invest. How do you plan to get the knowledge or get the capital to invest if you don't ask the questions? Let's get started! No better time than the start of a fresh year.

Now that cannabis is legal in Canada have you considered how this affects your insurability? Is this something that has kept you from applying?

The last Federal Budget drastically affected how small business passive income is taxed inside the corporation. Are you aware of these changes and is your business making the necessary planning adjustments?

2020 TFSA contribution level announced. Up to $69,500 total contribution room as of Jan 1,2020. Are you making the most out of your TFSA? Call me anytime to discuss!

Happy back to school! Do you know if your child is between 6 and 9 they are eligible for a $1200 RESP grant? No contribution is necessary- just have to apply! Call me today at 250-591-0788 so we can get started.

Uber to start operations in 2019 but only in Metro Vancouver citing class 4 license requirement as impediment to operating in smaller communities. What are your thoughts on this? Do drivers need a commercial license that allows them to drive a bus? Seems like everywhere else in the world it works fine without this restriction.

How important to you is the social or environmental responsibility of the investments you hold? Would you be interested in seeing what options you have if this is important to you? Comment below and let me know your thoughts?

Negative interest rates!?! Ever wondered how that even works and why are people and institutions are so willing and eager to buy them?

In between coaching baseball for Kobyn today we couldn’t miss popping into see our clients Four Crows Barber & Shave Co. to congratulate the team on an amazing first year! #bestshaveintown

Happy Easter from my family to yours! We love to get outside and explore our beautiful Island! How did you spend your weekend?