Building financial independence doesn't mean taking a do-it-yourself approach. Part of "getting ahead" means knowing your own limitations. Most of us wouldn't consider installing complex electrical wiring in our homes, because we recognize the boundaries of our expertise. Making sure you conduct your financial plan properly from the very start should likewise prevent the need for costly repairs in the future. Choose wisely. Otherwise, the freedom of choice you limit may be your own.

Based on sound principles Operating within your risk profile, an investment approach is structured using state-of-the-art research on portfolio design, by using an Investment Risk Assessment program. I believe the foundation of a responsible investment plan is built with six investment principles:

• Set your goals
• Understand your needs
• Diversification
• Asset allocation
• Dollar-cost averaging
• Discipline to stick to the plan

Also know as variable deferred annuities , they are life insurance industry's versions of investment funds. They are called segregated funds because the assets of these funds are kept separate from the life insurance company's other assets. You invest in a segregated fund through an annuity contract issued by a life insurance company, which provides a number of advantages to you. Segregated funds offer many benefits to help you reach your retirement and investment goals. They could be in the form of Annuities, RRSP's, RRIF's, LIF's.

People buy RRIF's, LIF's, LRIF's and annuities to replace earned income during their retirement or semi-retirement years. Retirement income products provide income from accumulated savings for both registered (RRSP) and non-registered funds. RRIFs or annuities can protect income from inflation, and can offer a flexible or regular payment stream, depending on your needs and preferences. RRIFs and annuities can provide income for life or for a certain period.

Creating a budget using credit wisely and keeping the income tax burden to the lowest level possible