Serving Greater Vancouver & the Fraser Valley
Union Gospel Mission

17/09 September 2017

May the force (of habit) be with you

by Arnold Machel, CFP “Neither can you do good who are accustomed to doing evil.”   Jeremiah 13:23 (NIV) I believe that God’s main purpose for the Bible is to reveal Himself to us. But when He gave us His Word, He gave us more than a revelation. He also gave us words of wisdom. He gave […]

17/08 August 2017

Hostile Headlines

by Arnold Machel   “If you wait for perfect conditions, you will never get anything done.” Ecclesiastes 11:4 (The Living Bible) Tuesday (9:32AM) – call from J.S. “Hey Arnold, I’m hearing terrible things about the US. I think I want to pull any US investments and re-allocate them to Canada. What do you think?” Tuesday […]

17/07 July 2017

Investing vs speculating: don’t go for broke

by Arnold Machel, CFP®   “I, wisdom, dwell with prudence, and I find knowledge and discretion.” – Proverbs 8:12 (ESV) It’s an interesting anomaly that when the word “investing” is used, some equate it with saving while others’ thoughts immediately go to gambling or speculating. My suspicion (from many, many client interviews) is that this […]

17/06 June 2017

Property Tax Deferral: ‘Home A Loan’

by Arnold Machel, CFP®   “Then my people will live in a peaceful habitation, and in secure dwellings…” Isaiah 32:18 (NASB) Every year around this time, I get asked by someone if deferring their property tax is a good idea. First off let’s look at the rules. The BC Regular Tax Deferment Program allows persons […]

17/05 May 2017

Retirement Raincheck?

by Arnold Machel, CFP®     “Do not boast about tomorrow, for you do not know what a day may bring.”  – Prov. 27:1 (NIV) Since the 2008 financial crisis, I’ve been telling clients (and anyone else who would listen) that they should start planning on a retirement age of 67. That’s right, age 67 […]

14/04 April 2014

‘Til debt do us part – Part 2

Dealing with crushing debt by Arnold Machel, CFP® “Put God in charge of your work, then what you’ve planned will take place.”  (Proverbs 16:3 Message) Last month we talked about good debt vs. bad debt. Of course, it’s best if we only go into good debt and only by a reasonable amount, and with a […]

17/03 March 2017

Til Debt Do Us Part – Part 1

Good Debt vs. Bad Debt by Arnold Machel, CFP® “The wicked borrow and do not repay…” Psalm 37:21 It’s been my experience that one of the biggest points of contention between spouses is debt management. Trying to navigate debt for oneself is hard enough. Factor in competing ideologies and feelings about debt and you have […]

17/02 February 2017

Advice versa, pay more – get more

by Arnold Machel, CFP®   “Do not muzzle an ox while it is treading out the grain.” Deuteronomy 25:4 Last month we looked at changes to statement reporting that will (to some extent, at least) make the fees that you pay to own mutual funds more transparent to you. In short, most mutual fund investors […]

17/01 January 2017

“Fee” Money

by Arnold Machel, CFP® “The LORD detests dishonest scales, but accurate weights find favour with him.” – Proverbs 11:1 If you are reading this, then the odds are high that you own a mutual fund. According to the Investment Funds Institute of Canada (IFIC), when it comes to meeting their financial goals Canadians have greater […]

16/12 December 2016

Ten Year-End Tax Tasks … and a Partridge in a Pear Tree

by Arnold Machel, CFP® “The wisdom of the prudent is to give thought to their ways.” Proverbs 14:8 (NIV) C an you believe that the end of 2016 is almost upon us already? Year end brings with it a close to the year and also a few deadlines that must be kept. Sure, you have until […]