Скачать или смотреть Mastering Cash Management: Neil McIver's Expert Guide to Strategic Cash Management

Learn how to navigate the bull market in cash, understand taxation nuances, and make informed decisions on various investment options from the Founder and Senior Portfolio Manager of McIver Capital Management. Neil covers three crucial actions to take with your cash and three common pitfalls to avoid.
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✔️ Things to do with Your Cash:

#1 Thing to Do: Understand that investments pay you interest
• Importance of understanding interest taxation
• Example: GIC with a 5% yield vs. after-tax return

#2 Thing to Do: Rate shop intelligently!
• Different cash investment options: ISAs, Money Market Securities, T-Bills, GICs, Mutual Funds
• Importance of choosing reputable investment dealers for a broader array of options

#3 Thing to Do: Consider the term of your investment or purchase
• Liquidity, maturity dates, and interest rate fluctuations
• Balancing fixed-term investments and floating-rate cash positions

❌Things to Avoid with Your Cash:

#1 Mistake: Buying a cash vehicle for investing
• Understanding the difference between investing and parking cash
• Net returns after tax and the impact on purchasing power

#2 Mistake: Stretching for additional yield
• The risk of chasing higher yields and getting into complicated, illiquid investments
• Stick to large, stable organizations and safe, vanilla cash investments

#3 Mistake: Not diversifying
• Diversifying cash holdings, considering credit unions, and the CDIC insurance limit
• Importance of not exceeding $100K deposit per entity for CDIC insurance
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Book a meeting with Neil: https://bit.ly/3DpOXts

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About McIver Capital Management:

Neil McIver is a Senior Portfolio Manager at CG Wealth Management and the Founder of McIver Capital Management. McIver Capital Management is a portfolio management group which has provided proprietary, institutional calibre, discretionary portfolio management for over 30 years. Our clients include corporations, foundations, pensions and high-net-worth individuals and families. We also provide advanced tax and estate planning.

For more information on our process and services, please visit us at https://www.mcivercapital.com