Category: Foundations
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3 Common Investing Biases and How to Overcome Them
This post describes three common investing biases and how to overcome them. Overconfidence Bias, Loss Aversion Bias, and Confirmation Bias are each discussed. Overcoming these common investing biases will greatly improve your portfolio’s performance and help you gain more consistent returns that meet your objectives. Overconfidence Bias Overconfidence bias is when our subjective confidence in…
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Active vs Passive Investing
Active investors attempt to outperform the returns of a benchmark by applying an investing strategy. Passive investors simply mirror the returns of a benchmark by using low cost index funds. This post will briefly compare active vs passive investing approaches. Active investing aims to beat the market whereas passive investing aims to track the market.…
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Public vs Private Investments
Should you invest in private companies or public stocks? Since there are many differences between public and private investments this post will discuss their unique features and how those attributes are used by different types of investors. Over the past several decades, investors have been shifting their focus from public company investments to private investments…
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Succession Planning for Family Foundations
This post will describe some key governance and documentation strategies to consider when planning for the succession of your Canadian private charitable foundation.
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Private Foundation Governance
Private foundation governance is an important topic for families with multi-generational wealth. This post describes what a private foundation is and how responsibility can be transitioned to next generation family members. Legal Definitions Private foundations can issue tax receipts for donations, make gifts to other registered charities, and manage an investment portfolio. Private foundations are…
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What a Family Office Does
Your family office is your most trusted advisor and who you rely on the most to provide you and your family with financial peace of mind.
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How Good Are Your Instincts?
As a successful entrepreneur, you probably have great instincts honed through years of experience. You’ve known the ups and downs of running a business and this has made you good at reading people and situations. How will your instincts contribute to the successful transition of your wealth to the next generation? Is More, Better? The…
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How to Buy and Hold Cryptocurrencies
This post will describe how to buy and hold cryptocurrencies like Bitcoin and how to incorporate them into your wealth management process.
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What is Inflation?
This post describes what inflation is, and how to combat the risk of inflation.