MISSION
To help ordinary Canadians create ‘extraordinary’ wealth.
To educate Canadians and introduce them to plans and systems that will allow them to:
* Reduce the amount of interest & taxes they will pay during their working life & in retirement.
Show more
Be the first to leave a review for Universal Partners.
Tax Planning
Two-thirds of wealth accumulation can be as a result of an effective tax plan. Canada is one of the most heavily taxed countries in the world - many taxes are obvious, such as Income Tax & HST, but many others are hidden in the things we pay for every day.
But taxes can be a benefit also - once you learn how to use taxes and tax planning to your advantage, you can begin to accumulate, (and keep), much more of your hard-earned money.
Retirement Planning
It is never too early to start planning for retirement. Yes, when we are young and have families, homes, cars and lifestyles to support, saving for retirement is likely the last thing on your financial 'to-do' list. However this is absolutely the best time to start - why?
Because the power of compounding has an incredible effect on the amount of wealth you can begin to accumulate with only a small amount of money. You have probably heard of the "Rule of 72" and other compound growth examples. I love the example of starting with a penny on day one and doubling it every day for a month - the results can help demonstrate the power of compounding - learn how you can put this power to work for yourself.
(P.S. on day 31 of the month you would have over $10.7 million dollars)
Investing
There are many different options for investing - too many in fact! And there are likely just as many ways that fees and expenses are charged or deducted from your returns. Some investments offer 100% guarantees, while others can be a real gamble - you might win big, but you could lose big also. And what about diversification? Warren Buffett calls what your fund manager is doing by buying 100 different stocks, “a vast over-diversification” that is sure to result in mediocre returns, returns that are less than the market itself because of your fund manager’s fees. Call us to discuss what options might work best for you, based on your Investor Profile, your goals and how much time you have before you need to reach them.
