Welcome to our website.  This site will tell you all about Peer Financial, the services we offer and how to substantially reduce your taxes.  We have a number of proven strategies to minimize risk and provide you with a simple, comprehensive tax planning strategy.  Our goal is for you to keep more of your hard-earned dollars because we believe the greatest financial risk of all is paying too much tax.

For more than 10 years, we have been presenting our Advanced Tax Planning Strategies Seminar and helping thousands reduce their taxes.  If you haven't attended one of our seminars, please consider attending one in 2008.

Rob Curr
Vice President

 

 

April 2008

In April the Actively Managed Portfolio gained 1.66% and is now down 7.68% for the year. This month the portfolio mobilized the 60% ‘cash’ holding and made six purchases making it fully invested by April 21.

On April 3, AGF Canadian Real Value, AGF Global Real Estate and Mackenzie Universal European Opportunities were purchased. Then on April 18, there was a buy signal for Signature Canadian Resources. The last two purchases in the month were on April 21 for Fidelity True North and Fidelity Canadian Equity.

Today the portfolio is well diversified with an emphasis on Canadian holdings and resources and the markets have shown that this is the area to be invested in.  There are no other trends our computer based trading system has uncovered while monitoring upwards to 400 funds on a daily basis. The gains we achieved the last part of April from being fully invested have carried over into the first half of May and we continue to see positive returns.

It has been a very difficult start to the year and one of the worst six month periods in the 15-year history of the AMP. One month does not confirm a trend, however, it may be an indication that one has started. The most difficult market scenario for the AMP is when there is no trend but the market takes volatile swings lasting only 3-4 weeks in both directions. It takes 2-3 weeks after a bottom to get a buy signal; then the trend only lasts for a few days before moving rapidly back down. In this kind of market conditions we stopped out with losses, whereas when volatility is not as pronounced, the AMP positions most often are exited due to stagnation, usually with small gains.

To read the remainder of this article and view the most recent issue of Peer Perspectives, click here.

 

Join us for our next session. You will learn how to remove the "trapped" cash in your corporation tax-free, eliminate the tax when selling an asset and produce tax-free income. Using Peer's innovative tax saving strategies you will have a plan that will save you money this year and for years to come. By the end of the seminar you will see how you can have a comprehensive tax planning strategy unique to your situation.  

 "The significant problems we face today cannot be solved
at the same level of thinking as when we created them."
- Albert Einstein

 So, if you don't change your thinking, what will change your present situation?