
Steel prices hit a record high in April. Does that headline seem all too familiar? It seems like every day material costs hit record highs that slowly eat away at your business profit. If you are prepared both professionally and personally to deal with market fluctuations, these headlines should not cause panic.
One of the universal truths of saving for your future is to start early and stay on track. Starting early helps to ease financial stress by having a plan in place and lets you use the most powerful tool in investing - compounding.
The government and media buried some good news when announcing the proposal to change the taxation of income trusts. Accompanying the proposals to tax income trusts was a new provision for income splitting for pensioners, which creates the ability to implement a new tax saving strategy.