AGESwealth- Eric Selvaggi, CFP (@ageswealth)

Passing down the family cottage can be a beautiful legacy—or a source of conflict. In this video, we explore how to prevent disputes between siblings and family members when planning cottage succession. From clear communication and legal agreements to fair ownership structures and tax planning, we share practical steps to help keep the peace and preserve the memories for generations to come. #taxplanning #cottagelife #cottages #muskoka #orillia #kawarthalakes

Many investors carefully build a diversified portfolio—but forget to maintain it. Over time, market movements can cause your asset mix to drift away from your original plan, increasing risk without you even noticing. This video highlights why rebalancing is essential and how regularly adjusting your portfolio keeps your risk level in check, aligns with your goals, and helps you stay disciplined through market ups and downs. #InvestmentStrategy #MarketTrends #Rebalancing #FinancialLiteracy #InvestmentTips

Should you take your CPP at 60, wait until 65, or delay until 70? This video breaks down the pros and cons of each option. Learn how your monthly payments change depending on when you start, and what personal factors—like health, income needs, and retirement plans—should guide your decision. #CPPPlanning #RetirementStrategy #FinancialAdvice #RetirementPlanning #InvestmentTips

Financial Planning Is Really Life Planning Financial planning isn't really about money. It's about what money allows you to accomplish. Whether that's financial security, spending more time with family, funding your children's education, or leaving a legacy, money is simply the tool. A thoughtful financial plan helps align your financial decisions with your personal goals and the things that matter most.

We spend weeks planning vacations, comparing prices, and organizing every detail, yet often spend very little time planning our financial future. From retirement and taxes to investments and estate planning, the financial decisions we put off can have far greater long-term consequences. If planning helps us make better everyday decisions, shouldn't we apply the same discipline to our finances?

Financial planning isn't just about building wealth. It's about creating greater flexibility, freedom, and control over your time. Through better cash management, tax efficiency, investment planning, and risk management, a well-structured financial plan can help you make more informed decisions, reduce uncertainty, and focus on what matters most in life.

Will You Regret Saving Too Little—or Sacrificing Too Much? One of the biggest challenges in financial planning is finding the right balance between saving for tomorrow and enjoying life today. Save too little, and you may regret it later. Sacrifice too much, and you risk missing out on experiences that matter now. Thoughtful financial planning helps manage these trade-offs, creating greater flexibility, financial security, and the freedom to enjoy life along the way.

Why Estate Planning Is More Complex for Wealthy Canadians As wealth grows, estate planning becomes increasingly complex. Investment portfolios, corporate assets, real estate, insurance policies, and family relationships all need to be considered together. Decisions made in one area can create unintended consequences elsewhere. A coordinated estate plan helps affluent Canadians manage tax exposure, protect family wealth, and create a clearer path for transferring assets to the next generation.

Estate Planning Is About Maintaining Control Estate planning isn't just about deciding who inherits your wealth. It's about establishing how, when, and under what conditions your assets will be transferred after your death. Through thoughtful planning, beneficiary arrangements, and appropriate legal structures, Canadians can exercise greater control over their legacy, protect vulnerable beneficiaries, and reduce the risk of unintended outcomes.

The Hidden Tax Bill at Death in Canada Many Canadians don't realize that passing away can trigger a significant tax bill, even when no assets have actually been sold. Under Canada's deemed disposition rules, certain investments, real estate, and other capital assets are generally treated as though they were sold at fair market value upon death. Without proper planning, these taxes can create unexpected financial challenges for your estate and beneficiaries.

Why Having a Will Isn't Enough Having a will is an important first step, but it doesn't mean your estate plan is complete. Beneficiary designations, joint ownership, tax liabilities, and family dynamics can all influence how your wealth is ultimately transferred. Without coordinating these elements, assets may not be distributed as intended, potentially creating unnecessary taxes, delays, and family disputes.

Are Banks Built for a World That’s Disappearing? Blockchain could fundamentally change how money moves around the world. What happens to traditional banks if transactions become faster, cheaper and increasingly digital?

Why U.S. Companies Could Be About to Spend BIG New tax incentives could encourage companies to accelerate investment and capital spending. Could that translate into stronger productivity and earnings growth?

Canada has the energy and natural resources the world needs. The problem? For decades, we haven’t fully developed our competitive advantage.

Canadian banks have been incredibly successful. But as technology changes how we save, invest and manage money, could their traditional business model face serious disruption?

Canada has the water, energy and natural resources to be a global leader. So why haven’t we taken advantage of it?

AI may be creating an investment cycle unlike anything we saw in the 1990s. If we’re still in the early innings, this secular bull market could have years left to run.

Investing sounds simple: buy low and sell high. But emotions often push investors to do the exact opposite. Dr. Jim Thorne explains why fear and greed can drive investment decisions—and why successful long-term investing often requires the discipline to buy when others are fearful rather than chase markets after they’ve already risen. The information contained herein has been provided for information purposes only. The information has been drawn from sources believed to be reliable. Graphs, charts and other numbers are used for illustrative purposes only and do not reflect future values or future performance of any investment. The information does not provide financial, legal, tax or investment advice. Particular investment, tax, or trading strategies should be evaluated relative to each individual’s objectives and risk tolerance. This does not constitute a recommendation or solicitation to buy or sell securities of any kind. Market conditions may change which may impact the information contained in this document. Wellington-Altus Private Wealth Inc. (WAPW) does not guarantee the accuracy or completeness of the information contained herein, nor does WAPW assume any liability for any loss that may result from the reliance by any person upon any such information or opinions. Before acting on any of the above, please contact your financial advisor. ©2025 Wellington-Altus Private Wealth Inc., ALL RIGHTS RESERVED. NO USE OR REPRODUCTION WITHOUT PERMISSION. www.wellington-altus.ca

Are Canadian investors too concentrated in their home market? Dr. Jim Thorne discusses Canada’s deep economic ties with the United States, the tendency for Canadians to favour domestic investments, and why valuations matter when comparing Canadian and U.S. banks. His argument highlights an important portfolio question: how much home-country exposure is too much? The information contained herein has been provided for information purposes only. The information has been drawn from sources believed to be reliable. Graphs, charts and other numbers are used for illustrative purposes only and do not reflect future values or future performance of any investment. The information does not provide financial, legal, tax or investment advice. Particular investment, tax, or trading strategies should be evaluated relative to each individual’s objectives and risk tolerance. This does not constitute a recommendation or solicitation to buy or sell securities of any kind. Market conditions may change which may impact the information contained in this document. Wellington-Altus Private Wealth Inc. (WAPW) does not guarantee the accuracy or completeness of the information contained herein, nor does WAPW assume any liability for any loss that may result from the reliance by any person upon any such information or opinions. Before acting on any of the above, please contact your financial advisor. ©2025 Wellington-Altus Private Wealth Inc., ALL RIGHTS RESERVED. NO USE OR REPRODUCTION WITHOUT PERMISSION. www.wellington-altus.ca

Do central banks rely too heavily on interest rates to fight inflation? Dr. Jim Thorne argues that supply shocks—such as a sudden spike in oil prices—should be treated differently from persistent inflation. He explains why raising rates may do little to address the underlying supply problem while putting additional pressure on interest-rate-sensitive sectors such as housing. The information contained herein has been provided for information purposes only. The information has been drawn from sources believed to be reliable. Graphs, charts and other numbers are used for illustrative purposes only and do not reflect future values or future performance of any investment. The information does not provide financial, legal, tax or investment advice. Particular investment, tax, or trading strategies should be evaluated relative to each individual’s objectives and risk tolerance. This does not constitute a recommendation or solicitation to buy or sell securities of any kind. Market conditions may change which may impact the information contained in this document. Wellington-Altus Private Wealth Inc. (WAPW) does not guarantee the accuracy or completeness of the information contained herein, nor does WAPW assume any liability for any loss that may result from the reliance by any person upon any such information or opinions. Before acting on any of the above, please contact your financial advisor. ©2025 Wellington-Altus Private Wealth Inc., ALL RIGHTS RESERVED. NO USE OR REPRODUCTION WITHOUT PERMISSION. www.wellington-altus.ca

Is today’s AI investment boom simply another version of the 1990s tech bubble? Dr. Jim Thorne explains an important difference: the financing infrastructure being built around AI. From tax incentives to the securitization of loans used for AI capital investment, he discusses why today’s AI buildout may be developing very differently from the technology boom of the 1990s. The information contained herein has been provided for information purposes only. The information has been drawn from sources believed to be reliable. Graphs, charts and other numbers are used for illustrative purposes only and do not reflect future values or future performance of any investment. The information does not provide financial, legal, tax or investment advice. Particular investment, tax, or trading strategies should be evaluated relative to each individual’s objectives and risk tolerance. This does not constitute a recommendation or solicitation to buy or sell securities of any kind. Market conditions may change which may impact the information contained in this document. Wellington-Altus Private Wealth Inc. (WAPW) does not guarantee the accuracy or completeness of the information contained herein, nor does WAPW assume any liability for any loss that may result from the reliance by any person upon any such information or opinions. Before acting on any of the above, please contact your financial advisor. ©2025 Wellington-Altus Private Wealth Inc., ALL RIGHTS RESERVED. NO USE OR REPRODUCTION WITHOUT PERMISSION. www.wellington-altus.ca

Blockchain technology could transform far more than cryptocurrency. Dr. Jim Thorne explains how blockchain can create a permanent record of ownership and transactions, potentially reducing the need for intermediaries and lowering transaction costs. From buying a car to transferring real estate, he discusses why blockchain could make parts of the global economy more efficient. The information contained herein has been provided for information purposes only. The information has been drawn from sources believed to be reliable. Graphs, charts and other numbers are used for illustrative purposes only and do not reflect future values or future performance of any investment. The information does not provide financial, legal, tax or investment advice. Particular investment, tax, or trading strategies should be evaluated relative to each individual’s objectives and risk tolerance. This does not constitute a recommendation or solicitation to buy or sell securities of any kind. Market conditions may change which may impact the information contained in this document. Wellington-Altus Private Wealth Inc. (WAPW) does not guarantee the accuracy or completeness of the information contained herein, nor does WAPW assume any liability for any loss that may result from the reliance by any person upon any such information or opinions. Before acting on any of the above, please contact your financial advisor. ©2025 Wellington-Altus Private Wealth Inc., ALL RIGHTS RESERVED. NO USE OR REPRODUCTION WITHOUT PERMISSION. www.wellington-altus.ca

Are investors looking at today’s markets through an outdated lens? Dr. Jim Thorne explains why he believes we’re in a secular bull market driven by a new period of economic and earnings growth—and why the S&P 500 could potentially double from current levels by the end of the decade. His message to long-term investors: understand what’s changing, stay invested, and don’t let short-term noise dictate your strategy. The information contained herein has been provided for information purposes only. The information has been drawn from sources believed to be reliable. Graphs, charts and other numbers are used for illustrative purposes only and do not reflect future values or future performance of any investment. The information does not provide financial, legal, tax or investment advice. Particular investment, tax, or trading strategies should be evaluated relative to each individual’s objectives and risk tolerance. This does not constitute a recommendation or solicitation to buy or sell securities of any kind. Market conditions may change which may impact the information contained in this document. Wellington-Altus Private Wealth Inc. (WAPW) does not guarantee the accuracy or completeness of the information contained herein, nor does WAPW assume any liability for any loss that may result from the reliance by any person upon any such information or opinions. Before acting on any of the above, please contact your financial advisor. ©2025 Wellington-Altus Private Wealth Inc., ALL RIGHTS RESERVED. NO USE OR REPRODUCTION WITHOUT PERMISSION. www.wellington-altus.ca

Proper tax planning focuses on optimizing after tax income over the long term.

Its crucial to understand how different forms of investment income are taxed within a business and personal corporation.

Investing excess capital within the business vs in your personal name is a crucial long term financial planning decision.

Canadian Business owners need to be cautious of making to much investment income in their corporations.

Tax-Efficient Investing Is About Coordination Tax-efficient investing isn’t about chasing deductions or minimizing this year’s tax bill at all costs. It requires coordinating your investments, gains and losses, tax brackets, AMT exposure and longer-term financial goals. The objective is to make decisions that improve your lifetime after-tax outcome, rather than optimizing one year in isolation.

Why After-Tax Returns Matter A strong investment return doesn’t tell you how much wealth you actually keep. Interest, foreign income and capital gains can receive very different tax treatment in Canada, making the type of return you earn an important part of portfolio construction. For high-income investors, focusing on after-tax outcomes can make a meaningful difference over time.

Investment losses aren’t always wasted. Tax-loss harvesting allows investors to strategically realize capital losses and use them against capital gains, including eligible gains from other years. But superficial-loss rules and poor reinvestment decisions can undermine the strategy, making coordination with your overall portfolio essential.