Advisor Stream

4 Questions Everyone Must Ask Their Retirement Advisor

Posted by admin on April 19, 2015  /   Posted in Advisor Stream

I trust that you have been enjoying our recent run of glorious spring weather.

It’s always a very good practice to check in on the people who are providing you with professional advice to make sure that you are getting full value for the price that you are paying.

This practice also applies to the financial advisor community of which I am a proud member.

Here is an an excellent article that outline 4 terrific questions that everyone must ask their retirement advisor.

I’m happy to share my own answers to those questions if you like.


Mark Hudon, CFP,.CCS

Certified Financial Planner, Certified Cash Flow Specialist.

4 Questions Everyone Must Ask Their Retirement Advisor

​In honor of National Retirement Planning Week, now is a good time to take a step back and think about who is helping you with your retirement planning. A financial advisor can be a powerful resource for those heading down the road to retirement. Whether you already have a retirement advisor or you are considering one, there are certain things you should know about a professional before engaging him or her to act as your retirement advisor.
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Off The Beaten Wine Path: 5 Tips For Traveling In Lesser-Known Wine Regions

Posted by admin on April 12, 2015  /   Posted in Advisor Stream

For this week’s featured article, I thought I would give financial topics a rest, and instead touch on a subject that I know many people are very passionate about-the love of wine.

I am by no means a wine connoisseur, but one thing I do enjoy when it comes to wine is exploring new and interesting wines that are off the beaten path.

For the wine lover in your family, here is a great article called 5 Tips For Travelling in Lesser-Known Wine Regions.

Have a fabulous day.


Coach Mark

Off The Beaten Wine Path: 5 Tips For Traveling In Lesser-Known Wine Regions

Visit a Winery Near You! If there was a slogan for the entire North American wine industry, that may be it. That’s because few experiences enhance the pleasure of wine like visiting the place it’s produced, whether you walk through the vineyards, or peer into the barrel room, or wander through the production area itself. With the travel season just around the corner, here are five tips for visiting those lesser-known wine areas that are available to us all.
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How to keep from spending a fortune on kid’s sports

Posted by admin on April 06, 2015  /   Posted in Advisor Stream

First off, I want to wish a very Happy Easter weekend to you and your family.

The arrival of Easter, also coincides with the arrival of spring and warmer temperatures on the horizon. I know that we could all use some sunshine and warmth after a cold winter.

One of the biggest challenges that many families face (mine included) is how to balance the inherent benefits of putting our kids in sports or other activities against the high cost that these activities entail.

In our house, we have two boys who are actively involved in a number of sports including hockey, rep baseball, swimming, basketball & soccer.

 Each of these sports requires a serious commitment of both time & money.

 My wife and I both see the benefits of raising healthy & active children, but at times we struggle with where to draw the line.

Here is a great article that sheds some very much needed insight on how to keep from spending a fortune kids’ sports.

Be sure to pass it along to someone you know who shares this same dilemma.

Happy Easter.


Coach Mark

How to keep from spending a fortune on kids’ sports

​After much thought and consideration, my husband and I decided that it is finally time to get our kids started in a few sports and activities this year. Although I enrolled my children in their first sport willingly, I didn’t take this decision lightly. As we all know, getting children involved in sports and activities can be expensive in both time and money, and it can be a slippery slope that can escalate over time and last for years. Since my kids are still young, I want to take a thoughtful approach now — before things get out of hand. I want my kids to learn and grow. I want them to get involved and stay active. What I don’t want is to go broke doing it. Here are some tips on how to keep from spending a fortune:
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The Best Way to Invest for Retirement

Posted by admin on April 01, 2015  /   Posted in Advisor Stream

There are copious numbers of articles and information written on how to invest your money-and specifically how to invest for retirement.

I come across them everyday and I know that my clients and contacts do as well.
While some are useful, many provide contradictory advice that just leads to confusion for many investors.

I do my best to seek out and find articles that will provide you with a core approach that when implemented will help you to achieve your long term goals, and dreams, and help you to build funds for retirement that will stand the test of time.

Here is an excellent article, that is in line with my own core philosophy.

Expect Success,

Coach Mark

The Best Way To Invest For Retirement

Turn on CNBC for two minutes and it’s easy to believe you need to stop everything and invest in the hot stocks the “experts” are recommending and get out — NOW! — of the ones they’re bearish about. Chris Minnucci, author of the ironically titled The Death of Buy and Hold: How Not to Outlive Your Money — Investing for, and in, Retirement, says do so at your own peril. Minnucci, an early retiree and self-taught investor, says you’ll be far likelier to make your retirement money last if you take a more cautious, deliberate approach to investing, using diversification using what he calls “the principle of correlation combined with the complementary principle of compromise.”
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Diversification is the Sane Alternative to Betting On One Investment

Posted by admin on March 25, 2015  /   Posted in Advisor Stream

One of the cardinal rules of being a successful long term investor is diversification.

This is a principle that virtually every investor is familiar with and one that every financial advisor holds out to be gospel.

Then why is it that we often look back upon our investment portfolios with frustration and disappointment when one particular area is under performing while another is shooting the lights out?

If this is what proper diversification is designed to do, than why does it create so much consternation?

Here’s a great article to help provide some perspective on the subject.

Coach Mark


Diversification Is the Sane Alternative to Betting Big on One Investment

You made a huge mistake last year with your money. You know this now, right? The only investments in your portfolio that did very well were probably United States stocks. Bonds may have held their own, but everything else was just pitiful. International stocks performed horribly and emerging markets weren’t much better. What were you thinking? Clearly you missed a big opportunity in 2014. You should have skipped diversifying and gone all in on United States stocks. But seriously, with no proven model for picking the next winner, can you really afford to bet big on any one investment? If you had to, could you even pick one, and only one, investment for the rest of this year? The answer can’t be no! Don’t you know by now who the winner will be in 2015?
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Retirement Reality is Catching up with Me

Posted by admin on March 16, 2015  /   Posted in Advisor Stream

For many people crunching the numbers to determine whether you will have enough to enjoy a comfortable retirement can be very intimidating & stressful.

In fact, coming to grips with your own “retirement reality” is something many people, like the author of this attached article tend to procrastinate on.

However, like the author discovered, when you take the time to go through some retirement planning questions and gain clarity around what a comfortable retirement means to you, you find that your reality is not so scary after all.

I encourage you to read the enclosed article to gain more clarity around your own retirement reality.

If you would like a helpful guide to take you through simple exercises, I know someone who can help you out….wink wink, nudge, nudge.

Coach Mark

Retirement Reality Is Catching Up With Me

New York times columnist John Schwartz writes about approaching retirement with trepidation. He says: I am an idiot. That, at least, is the impression I get from personal finance websites and magazines and books. They all seem to say I’m doing pretty much everything wrong when it comes to my financial life, basically because I don’t pay that much attention to my finances. But with some consultation and some strategizing, he makes the point that retirement reality is nothing to be afraid of.
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What’s new on this year’s tax return?

Posted by admin on March 10, 2015  /   Posted in Advisor Stream

Now that the RRSP deadline has come and gone, many people have switched their attention on how to get the most from their tax return.

While the best time to do your tax planning is before the end of the calendar year there are certain things that you should be aware of that can help you to save a buck or two.

This week’s article share’s what new on this year’s tax return.

If you have any questions please feel free to give me a shout.

Coach Mark

What’s new on this year’s tax return: Mayers

​It’s a good year to do your own taxes. Only a few things are new, and it’s always good to stay in touch with what you make and where it goes. Tax software is making it even easier, and filing online is getting simpler. The Canada Revenue Agency expects about 1.5 million of us will file this week, as we’re eager for a refund that averaged $1,697 in 2014. The number of early birds will rise to 3.2 million by the end of next week. Most of this year’s tax changes give a little bit to families as part of a bundle of populist tax breaks introduced in 2014. Here are the highlights:
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Training for triathlons at an older age

Posted by admin on March 03, 2015  /   Posted in Advisor Stream

As someone who has competed in triathlons on and off for the past 15 years, I always enjoy reading about other people’s forays into the sport.

I’ve been very fortunate to meet many wonderful, and extremely interested & talented people through my pursuits into the sport of triathlon, many of whom are now close friends, and clients.

One of the terrific things about the sport of triathlon, is that you come across people from all walks of life, and all age groups.

Many of the people that I have crossed paths with ( be it in the pool, on the bike, or on the run) believe in the adage that it’s never too late to do something new.

Or in this case, that it’s never too late to compete in a triathlon,

Here’s a great article that I came across that I wanted to share with you.

It really is never too late….





Training for Triathlons at an Older Age

​LAST year, at 66, Jenny F. Scott was not an obvious triathlete. A retired special education teacher, she had suffered a stress fracture running decades ago and took up serious bicycling only when she was 64 years old. But Ms. Scott, of West Columbia, S.C., and a friend decided to “bite the bullet last year, with no expectation other than we wanted to live through it,” she said of the swim-bike-run training needed to participate in the triathlon held locally each July. She signed up for training again this year, and like growing numbers of people in their 50s and 60s — and some older — she has found a new challenge in triathlons and other sports that test discipline and endurance. Some opt to train for competitive swimming, or the senior tennis or golf circuits.
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How saving for retirement beats paying down your mortgage

Posted by admin on February 23, 2015  /   Posted in Advisor Stream

One of the most common financial questions I have heard over the years, is whether it is better to pay down your mortgage or save for your retirement?

Recent behaviour indicates that many people have chosen to focus on paying down their mortgage vs saving for retirement.

 In my opinion this is a reflection of the time tested adage that money is about more than math. The emotional decision to seek out security over more financially profitable alternatives often takes precedence.

When you do take a look at the numbers; (particularly expected rates on return on your RRSP compared to the prevailing cost of mortgage debt) the decision definitely favours adding to your retirement savings.

Here is an excellent article that takes a look at the math, as well as the emotion.


 Coach Mark

How saving for retirement beats paying down your mortgage

​Saving for retirement beats paying down your mortgage. There – a long-standing debate in Canadian personal finance is settled. To build wealth in today’s low interest rate world, divert money you were going to use to pay down your mortgage balance to your registered retirement savings plan or tax-free savings account. This is the conclusion of a report to be issued Thursday called “Mortgages or Margaritas: Is Paying Down Debt Putting Your Retirement at Risk?”. Read on to see the proof.
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Overcoming The 5 Big Obstacles To Retiring Abroad

Posted by admin on February 16, 2015  /   Posted in Advisor Stream

Happy Family Day!

During the heart of a bitterly cold winter like we are currently experiencing in southern Ontario-thoughts often drift to what it would be like to pack up and head out for a much warmer, and perhaps more exotic climate.

For some people this decision entails not just a temporary reprieve from the harshness of colder climate, but actually making a permanent move-retiring abroad.

Whether you are seriously contemplating this decision for yourself, or just day dreaming about it, here is an interesting article to help you divert your attention for a few moments.


Coach Mark

Overcoming The 5 Big Obstacles To Retiring Abroad

There are plenty of reasons people consider retiring abroad, among them: A lower cost of living (sometimes much lower); Better weather (sometimes much better); The ability to live a different type of life — perhaps less stressful, healthier, more meaningful or a self-reinvention; To have an adventure. There are also reasons why people won’t consider retiring abroad. But based on the 4,700 answers and 200 stories posted by the 300+ expats on our site, Best Places In the World to Retire, I think five commonly perceived “obstacles” are overblown and can easily be overcome:
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