March 2022

2022 Feedback survey

Recently we sent you an invitation to share your thoughts on how we can support you now and into the future. This is a quick reminder that the deadline is March 31, 2022 and we would very much appreciate your input, if you haven’t already completed the survey.

Participating will take no more than 6-7 minutes of your time, but that input is critical to ensuring that we’re delivering on your needs. As a thank-you for taking the time to share your thoughts, we will enter your name in a draw for a $500 donation to the charity of your choice, made in your honour.

Please click here to begin.
 

 
Tax-gain harvesting strategies

A strategy often explored by professional tax advisors is “tax-loss selling,” where non-registered investments with accrued capital losses are disposed of in order to offset capital gains that have been realized. Less talked about is planning that achieves the opposite result — the recognition of accrued capital gains on non-registered assets and prepaying income tax earlier than required. This is often referred to as “tax-gain harvesting.”

Read more
 

 
Mapped: Gas prices in America at all-time highs

In recent days, gas prices have skyrocketed to all-time highs.

According to the American Automobile Association (AAA), the national average price of regular unleaded gas has reached $4.25 per gallon as of March 21st, 2022. This is the first time since 2008 that gas prices had exceeded the $4 per gallon mark.

Read more
 

 
Ray Dalio’s “Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail”

A virtual discussion of the Center for Strategic and International Studies (CSIS) Trustee Ray Dalio’s new book. Mr. Dalio is joined by CSIS Trustee and Counselor Henry A. Kissinger to unpack this remarkable addition to his Principles series, which analyzes the repeating patterns and underlying correlation between all major changes in wealth and power over the last 500 years.

Watch now
 

 
Exciting news to share from the Potluck Café Society

The Potluck Café Society has opened its doors at a new location in Vancouver, taking on a much larger space to adapt to its expanded role as a social enterprise caterer — and marking a legacy of more than 20 years of service to the Downtown Eastside.

Read more

    

The opinions expressed in this report are the opinions of the author and readers should not assume they reflect the opinions or recommendations of Richardson Wealth Limited or its affiliates. Assumptions, opinions and estimates constitute the author’s judgment as of the date of this material and are subject to change without notice. We do not warrant the completeness or accuracy of this material, and it should not be relied upon as such. Before acting on any recommendation, you should consider whether it is suitable for your particular circumstances and, if necessary, seek professional advice. Past performance is not indicative of future results. Insurance services are offered through Richardson Wealth Insurance Services Limited in BC, AB, SK, MB, NWT, ON, QC, NB, NS, PEI and NL. Richardson Wealth is a trademark of James Richardson & Sons Limited, used under license.