Ming & Associates

Throughout history, getting caught up in the early days of technological advances can pose a significant risk to investors.. here are some examples ⬇️

AI Revolution: Managing Market Exuberance There is a sense that Artificial Intelligence (AI) is poised to define the next decade. Its impact on industries, societies, and daily life may be profound, reshaping how we work, communicate, and innovate in ways that were previously unimaginable...

🌟 We're delighted to welcome Ming & Associates as our Silver Wave sponsor for Waterfest 2024! Their commitment to reliable, personalized services and community support is truly inspiring. Thank you, Ming and Associates, for helping us unleash the dragons on the Cornwall canal! 🌊💫

Latest article here ➡️ https://mingassociates.com/articles/those-who-understand-it-earn-it/

📌 Don't miss our upcoming webinar! Join us as we discuss industry qualifications, the value of independent advice, fee structures, and warning signs to look out for.

🗓 Wed, May 29th, 2023 | 7:00PM ET
Register here: https://us06web.zoom.us/webinar/register/WN_ombOuHpPThuhc2ovOmQgOg #/registration

Event Registration | Ming & Associates Please Join Us – Webinar Navigating The Maze How to find the right Financial Advisor for your needs Wednesday, May 29th, 7:00pm Are you ever left wondering if you’re getting the best financial advice for your situation, but unsure what your other options are? Join us as we chat about; Z Types of...

🎉 Today marks 20 YEARS since Heather Hum joined our team❗️

While she is often hard at work behind the scene, she has been integral to our growth and success the past two decades.. and is often the one who keeps us all on track. Thanks for all that you do!

🤔 Wondering when to convert your RRSP into a RIF?

As you plan for retirement, the decision to move funds from RRSPs into RIFs is important. We discuss,

➡️ Why you may want to RIF sooner
➡️ Tax planning strategies
➡️ Pension splitting opportunities with your spouse and more

When Should You Turn Your RRSP into a RIF? Trusted. Personal. Committed.

Federal Budget 2024 – Impact to Investors Trusted. Personal. Committed.

Tired of overpaying on income taxes? 🤔

Join us on April 16th to discuss ways to help optimize your assets and cut down your tax bill!

Register here: https://us06web.zoom.us/webinar/register/WN_bdH5s-QFTQ61-2UaO2vGow #/registration

Event Registration | Ming & Associates Please Join Us – Webinar Tax Planning Keep More of What You Earn Tuesday, April 16th, 12:00pm ET We will discuss important tax planning strategies for higher income earners, covering; Z Overview of Canada’s tax system Z What can be done to lower your taxes owed Z How investments are taxed (perso...

Curious about how far your retirement savings can take you? 🤔 We get asked questions like this all the time, so we decided to share real-life scenarios of two couples.

These couples are ready to retire with different levels of personal savings, along with CPP & OAS.

How much can they spend through their retirement? 💸

Our retirement income plans lay the foundation for clients to spend their retirement savings with the peace of mind needed to enjoy life to it's fullest.

“How much do we need to retire at 65?” Trusted. Personal. Committed.

If you're working with one of the big 5, this CBC video is a must watch.

The general level of incompetence in the video is quite shocking but unfortunately, it's in line with what we see year after year.

We choose to be independent advisors (since 1996), as it allows us to do what is right for our clients, with no overhead pressure to hit sales targets, letting us to do what is right for each family. The video serves as a good reminder that banks are vendors of products... not advisors.

Hidden cameras reveal how big banks are upselling you (Marketplace) Canadians trust they're getting good financial advice from their banks — especially in these tough financial times. But a hidden camera investigation by Mark...

BGC Cornwall/SDG

"Spending money to show people how much money you have is the fastest way to have less money" - Morgan Housel

Here are 4 key lessons on building wealth and living a good life⬇️

The Millionaire’s Mind(set) Trusted. Personal. Committed.

📌 Join us for a free webinar on Canada Pension Plan (CPP)! Discover how CPP will fit into your retirement and avoid costly mistakes. Don't miss out on maximizing CPP's value to your retirement.

🗓 Tuesday, January 23rd, 2023 | 6:30PM ET

Register here : https://us06web.zoom.us/webinar/register/WN_9hFqph-JR9-0S8faepxsBA #/registration

Event Registration | Ming & Associates Please Join Us – Webinar Canada Pension Plan (CPP) How will CPP fit into my retirement? Tuesday January 23rd, 2023 @ 6:30-7:00 pm ET Our educational webinar will go over the key details of CPP along with critical mistakes to avoid. Such as; Z When do I start CPP? Z How much money will I lose if I ...

Take steps this year to lower your taxes and keep more money in your pockets;

✅ Make your RRSP contributions and enjoy tax deductions.
✅ File your taxes on time and avoid costly penalties.
✅ Use Tax-Free Savings Accounts (TFSAs) properly for long-term growth.
✅ Make non-registered investments tax efficient.
✅ Plan your CPP and/or OAS start dates to mesh with your other sources of retirement income.

Read the full article below;

Steps to Lower Your Income Taxes Trusted. Personal. Committed.

Tax Free Savings Accounts are an incredible tool at Canadian's disposal, but we often see them used incorrectly.

We highlight the misconceptions of viewing the TFSA as a regular savings account and emphasize its potential as a tax-free investment account.

2024 TFSA Limit and Insights Trusted. Personal. Committed.

Join us on Nov 29th. to discuss the impact interest rates have on your investments & retirement planning. Cash may feel comfortable, but it certainly doesn't come without risks.

Sign up @ https://us06web.zoom.us/webinar/register/WN_Rhrgnc7pRB2JRKcWmRkYMQ #/registration

Webinar | Ming & Associates Please Join Us – Webinar Money Talks: Unpacking Emotions and Behaviour in Finance Wednesday October 25th, 2023 @ 6:30-7:30pm ET Join us for a conversation with Benoit Veilleux, college professor and founder of Better You Counselling as we discuss; Z Finances being the #1 source of stress to Canadi...

Bad money advice is rampant nowadays, we see it every day. Whether it's trying to suck you into the latest trends, or in depth phishing attempts, tread carefully.

By asking good questions, such as why the recommendation is being made or how the advisor get's compensated, can help shed light on the advice being received.

The worst money advice in Canada - MoneySense According to Canadians, getting bad financial advice is pretty easy, yet we can’t stop listening to it. For Financial Literacy Month, let’s find out why.

💸 Cash is never a good long-term investment, but did you know that high interest savings funds are paying 5% interest and our 2yr GIC's are paying 5.72%*?

🤔 Which one is right for you in the short-term? Consider if;

➡️ You want funds easily accessible, or to use as an emergency fund?
➡️You are willing to lock in your money for a fixed time frame.

💡 As with any decision in personal finance, it’s about balancing trade-offs, but remember;

⚠️ Cash is not a long-term investment;
While holding cash may feel safer, it also exposes you to several other risks, such as losing purchasing power due to inflation, missing out on potential investment gains, and facing higher taxation.

⛔️ Do not allow short-term yields to derail your long-term investment plan. Instead of reacting, have an investment plan and stay disciplined to be successful.

*Rate obtained from CI High Interest Fund & GIC quotes as of Nov. 3, 2023.

📣 We're excited to be joined by Benoit Veilleux from Better You Counselling Services for a conversation on the impact of emotions & behaviour in financial decision making.

📌 Webinar - October 25th @ 6:30pm

Sign up (free) @

Webinar | Ming & Associates Please Join Us – Webinar Defined Contribution (DC) Pension Plan Wednesday, September 27th at 12:00 pm ET What is a Defined Contribution Plan; Z How DC plans work Z Pro’s/Con’s of DC plans Z How to maximize the value to you Z What happens when you leave your employer Interested but can’t make...

If you’re being sold permanent life insurance for retirement saving or planning, it’s likely not with your best interests in mind…

These policies are often sold (without need) to generate higher commissions for the salesman. It’s nice to see the industry begin to dig deeper into the unsuitable sales of certain life insurance products.

Unsuitable selling of Universal Life Insurance Policies Trusted. Personal. Committed.

Reminder - this week we'll be discussing all things Defined Contribution Pensions and how they compare to Defined Benefit Plans and Group RRSPs.

To watch, sign up https://mingassociates.com/webinar/

Interested but can't make it? Sign up to be sent the recording afterwards.

Webinar | Ming & Associates Please Join Us – Webinar Defined Contribution (DC) Pension Plan Wednesday, September 27th at 12:00 pm ET What is a Defined Contribution Plan; Z How DC plans work Z Pro’s/Con’s of DC plans Z How to maximize the value to you Z What happens when you leave your employer Interested but can’t make...

It was great to be a part of this day, helping raise over $69,000 for Beyond 21!

The 2023 Red Maple Classic Golf Tournament raised a record-breaking $69,000+ 🚀🚀

𝗧𝗵𝗮𝗻𝗸 𝘆𝗼𝘂, 𝘁𝗵𝗮𝗻𝗸 𝘆𝗼𝘂, 𝘁𝗵𝗮𝗻𝗸 𝘆𝗼𝘂! To the golfers, volunteers, sponsors and those who donated goods for our auctions. None of this would be possible without you.

A special thank you to our top sponsors this year: Red Maple Building Company, Rutters Elevators Inc, Tanya Flaro: Remax Affiliates Marquis Real Estate Brokerage and Scotiabank Cornwall!

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A & R
Adam MacDonald Plumbing Inc.
Adams Sherwood Swabey & Follon
Adams Financial Group Inc.
AXXIS OPTICAL
Blue Anchor
Cameron Real Estate Brokerage
Carrots n' Dates - Cornwall
Cornwall Curling Centre
Demolition Plus
Echo Trends
Emard Bros Lumber
Fairy Sweet
FreshCo. (Ninth & Marlborough)
Glengarry Outhouses Inc.
Grant-Marion Construction Limited
Glendaler's ATV Club
H and J Windmill Construction Ltd
Hannah Pearson
Houde Mechanical Inc..
Industrial Shuttle
JF Markell Homes
Jean & Marianne Léger Broker at Re/max Affiliates Marquis Ltd., Brokerage
John Gordon Construction
John MacGillivray's Family (in honour of)
Kelseys Original Roadhouse
Kid's Korner
Kings And Little Ones - Barber Shop
Labatt Breweries of Canada
M&L Supply, Fire & Safety
Meghan Sparks Photography
Ming and Associates
Minimax Express Transportation Inc
Minute Auto Wash
Moore Wrinn Financial Group
Mrs. B's Gifts & Home Decor
Nails by Kim
James & Jenn's No Frills
Ontario East Powersports
P38 Energy Inc. Cornwall
Parisien Millar Wealth Management Group (RBC)
Pitblado Chiropractic Clinic
Play It Again Sports Cornwall, Ontario
R. Paquette Insurance Broker Inc.
Red Maple Building Company
Riley's Bakery, Cornwall Ontario
Rutters Elevators Inc
Scotiabank Cornwall
Seaway Hyundai Cornwall
Seaway Office Pro
Shoeless Joe's Sports Grill
Spirit Tree Yoga Studio
St.Lawrence Structures Inc.
Starbucks (Brookdale & Rosemount)
Summerglen Farms
Tanya Flaro: Remax Affiliates Marquis Real Estate Brokerage
The Fermented Grape
The Loft Salon
The Spicy Pearl
Tickle Your Fancy Gift Shop
Total Cyclery & Sports
Upper Canada Mortgage and Investment Corp.
Vertical Equipment Inc.
Walmart Canada (Cornwall)
Walmart Logistics Cornwall
Basket Weaving Group
West Front Construction Canada Ltd

With DC plans, decisions for your retirement rest on your shoulders once you leave your employer. What does that mean?

Tune in to learn more as we discuss your options along with key factors to consider to maximize your retirement income. Sign up free @

Webinar | Ming & Associates Please Join Us – Webinar Defined Contribution (DC) Pension Plan Wednesday, September 27th at 12:00 pm ET What is a Defined Contribution Plan; Z How DC plans work Z Pro’s/Con’s of DC plans Z How to maximize the value to you Z What happens when you leave your employer Interested but can’t make...

The issue with comparing your portfolio's to those of others is that it can cause you to take short-term actions driven by emotions. We prefer to determine you need to meet your financial goals and objectives independent of everyone else.

https://mingassociates.com/articles/comparison-is-the-thief-of-joy/

Webinar How to make the most of your CPP & OAS.
Due to demand and feedback, this will be our 3rd time hosting this webinar!

You can sign up @

Webinar | Ming & Associates Please Join Us – Webinar How Much Is Enough to Retire? Wednesday May 31st, 2023 from 6:00-6:45pm For most, what you really want to know is “Will I Be Okay?” We will share first hand stories of retired couples that include; Z How far $500k, $750k, or $1m goes in retirement? Z Do you have enough...

Being independent advisor's isn't always easy, but we strongly believe in the value it provides, and this is just another example...
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A few benefits of being independent?

Personalized service - tell us your story. To be your trusted financial partner through life's stages, surely we have to get to know you first!

Larger product selection - access to a wide array of investment and insurance products across Canada (can access most bank products).

No overhead sales pressures - this allows us to put people first and take time to get to know you before recommending next steps.

Trusted service - when you call in you want someone who knows you. Our team cares about you and your success! We are always available to talk and give guidance as life unfolds.

Pervasive sales culture at Canadian banks designed to push customers into high-fee products There may be a higher risk of Canadians being sold unsuitable products, and banks are not doing enough to prevent that from happening

In retirement, many couples are each moving from their paycheck to 5+ sources of income that have to be working in sync.

Our retirement projections are designed to help you visualize the transition and gain confidence in your decision.

What does this look like? Join us May 31st @

Webinar | Ming & Associates Please Join Us – Webinar The Role of the Executor Wednesday April 19th, 2023 12:00-1:00pm We will be joined by Jackie Power, VP of Tax & Estate Planning at Mackenzie Investments for a discussion on: Z The nature of an Executor’s role Z Their duties, responsibilities, and obligations Z Qualities ...

When planned properly, both CPP and OAS can reduce the risk of running out of money! Think of them as another investment account and give them the thought they deserve.

Ottawa is offering a 25-year, high-interest GIC: It's called the Canada Pension Plan The decision on when to apply for CPP becomes clearer when you think of it as an investment, not income, says Jason Heath. Find out more.

A very special thank you to all the generous community sponsors and partners making the 50th anniversary Raisin River Canoe Race possible!