Gerardo's Advice for Life

November 2nd, 2021 by Gerardo Cappelli

piggy bank with dollar bills in the slot with word RESP written on the piggy bank

How to best withdraw funds from an RESP with minimal tax

For large RESPs, it is important to consider whether withdrawals that are made should be taxable to the student or non-taxable.  One thing to consider would be whether the student has had any income in the same year.

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Asset Allocation Strategy - November 2021

In the final quarter of 2021, despite rising input prices and supply chain issues, corporate earnings in North America came in better than expected.  Take a look at the CIO's strategy for the end of the year.

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Should Investors Fear Recessions? - Myth vs Reality

Historical average performance of a basic balanced portfolio during the last 6 recessions was zero.  Far from what many clients would think would happen during a recession.  Take a look at this myth along with others in the Quarterly Flipbook

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The BOX app

We talk a lot about protecting your information.  One way to do this is to limit confidential information being sent via email.  Take a look at how to set up a secure exchange box using the BOX application.


How-to /

SWIFF Film Festival

This is not an event in the GTA but it is an event for our family! Our younger son starred in a short film, Absence, written and directed by Arshile Egoyan and it has been chosen to be screened as part of the Short Films program at SWIFF in Sarnia (Nov17-21). As of the date of this newsletter, there was no listing of the short films yet. Hopefully they will update the website soon.

SWIFF details



Polar Winter Festival

Museums and art galleries have been opened for a few months but some people are still more comfortable doing things outside.  This is a walk through winter market at the Bandshell Park that runs from Nov25-Dec26th rain, snow or shine!

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National Bank Financial - Wealth Management (NBFWM) is a division of National Bank Financial Inc. (NBF), as well as a trademark owned by National Bank of Canada (NBC) that is used under license by NBF. NBF is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and the Canadian Investor Protection Fund (CIPF), and is a wholly-owned subsidiary of NBC, a public company listed on the Toronto Stock Exchange (TSX: NA).

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