Financial Planning Kelowna Dale Lamb Sun Life

Canadian Banks Top Words Safest Bankd 2009- Royal Bank tops in Canada

2009-03-20T08:07:00.000-07:00

All the five large Canadian banks are in this list. This is interesting since recently there have been many reports praising the banking system in Canada which is holding up pretty well when compared to banking systems in other countries.

US-based banks Citibank(C) and Bank of America (BAC) did not make it to the list.

Three of the large banks in Singapore were selected. It is not clear why most of the countries outside of the developed world is not included in the rankings.

To see full list Click Here

-Call today for an appointment:

Dale Lamb

DKL Financial Services Inc.

Kelowna, British Columbia

(250) 860-6403 x2203

dale.lamb@sunlife.com
http://www.sunlife.ca/dale.lamb/e/index.htm

Seven Signs This Rally’s Real

2009-03-20T08:04:00.000-07:00

Cramer’s Seven Signs This Rally’s Real
Posted By: Tom Brennan Web Editor
12 Mar 2009 07:32 PM ET http://www.cnbc.com/

The rally will continue. Cramer has already said that a few times this week, and the message was the same
for Thursday’s show. He’s a believer now because the market’s fundamentals finally are signaling the chance
for a sustained moved higher. Here are seven reasons why you should be a believer, too.
1. Retail sales were better than expected. Granted, they were down, but not as much as Cramer anticipated.
With gas prices low, consumers are opening their wallets again, even if it’s at discount stores like Wal-Mart .
This makes beaten-up stocks like Lowe’s , Costco and WMT attractive again, Cramer said, because there’s a
chance for a rebound.
2. Bank of America joined Citigroup , JPMorgan Chase and Wells Fargo in announcing that it, too, was
profitable. These banks are making money again. If the government follows Federal Reserve Chairman Ben
Bernanke’s suggestion to focus less on the bad loans these companies made, then we could add another 500
Dow points to the 239 we gained today, Cramer said.
3. Standard & Poor’s downgraded General Electric’s credit rating, but the stock went up anyway. The fact
that this bad news was already baked into GE is a big change for the better, Cramer said, and the market
couldn’t rally without it.
4. The pharmaceuticals sector has seen $193 billion worth of takeovers in over the past month. Merck bought
Schering-Plough , Gilead picked up CV Therapeutics , Roche snatched up Genentech – and that was just
this week. The strongest companies are finally taking advantage of the bargain-basement prices the market is
offering.
5. The added bonus to the pharma M&A activity is that investors are putting their profits right back into the
market. That’s why every drug stock was up Thursday. This new money, Cramer said, is another key
requirement for a continued rally.
6. Earnings upside surprises in tech. Taiwan Semiconductor just announced better-than-expected business
thanks to a recent rush of orders. Aside of IBM , that’s the only earnings beat in the sector during this
downturn – another big positive.
7. Mortgage rates have dropped significantly, and mortgage applications are up big. At the same time, newhousing
permits are low, which makes Cramer think the housing bottom is in.
Lastly, General Motors said it didn’t need that last $2 billion from Washington. This is another first: the first
time an automaker hasn’t needed extra cash. Sure, we’ve already given Detroit a boatload of money, but this
wave-off is still a plus.
Given these seven signs, Cramer said, we aren’t done yet. And if Bernanke and Treasury Secretary Geithner
can fix the banks and President Obama solves the employment and housing crises, the Dow could surge
another 1,000 points.
Cramer’s charitable trust owns General Electric, Gilead Sciences, JPMorgan Chase, Wal-Mart and Wells Fargo.
General Electric is CNBC’s parent company.

Questions for Cramer? madmoney@cnbc.com
-
-Call today for an appointment:

Dale Lamb
DKL Financial Services Inc.
Kelowna, British Columbia
(250) 860-6403 x2203
dale.lamb@sunlife.com
http://www.sunlife.ca/dale.lamb/e/index.htm

Financial Planning in Kelowna

2009-02-23T19:25:00.000-08:00

What is a financial plan?

It's simply your list of short- and long-term goals that are important to you, with an outline of how you're going to use your money to achieve those goals.

A financial plan can help you to:

Save money you need to realize your goals

Protect what is most important to you
Plan for retirement
Leave something for your family
Manage your taxes

Where to start?

You may have avoided thinking about your finances until now. But, you're already doing some basic planning if you...

Set financial priorities each month.
Pay your bills, work to lower your debt, and have a few dollars left each month.

The key is to balance your day-to-day activities with a longer-term financial plan that works toward your future goals and dreams. It's never too late or too early to start your plan.

-Call today for an appointment:

Dale Lamb

DKL Financial Services Inc. Kelowna, British Columbia

(250) 860-6403 x2203

dale.lamb@sunlife.com http://www.sunlife.ca/dale.lamb/e/index.htm

TFSA Kelowna Advisor

2009-01-23T15:55:00.000-08:00

The TFSA is the most significant government savings program since the introduction of the Registered Retirement Savings Plan (RRSP).It’s a great incentive for Canadians to save their money and have the interest grow tax-free.

Everyone can save! - Any Canadian can open a TFSA if they've filed a tax return and are 18 years of age or older.

Earn without taxes! - A TFSA lets you invest without being taxed on interest or investment earnings.

Contribution room grows. - Initially, your annual contribution room is $5,000 in a calendar year. In future years, the federal government may increase the annual amount in $500 increments to recognize the impact of inflation.

If you don't use it, you won't lose it! - Unused contribution room gets carried over to the next calendar year. There is no limit to how much contribution room can be carried forward.

Withdrawals don't impact contribution room.- If you take money out of your TFSA, you don't lose the contribution room – you get it back in the following calendar year. Your contribution room for the next calendar year will increase to reflect the amount of your withdrawal.

Keep it simple, consolidate. - While you can hold more than one TFSA across a number of financial institutions, you'll need to be careful not to over-contribute. Total contributions across all accounts can't exceed your accumulated contribution room. Each year you'll be assessed a 1% penalty on the amount you exceed your accumulated contribution room.

Keep what you earn! - Unlike an RRSP, you don't deduct your TFSA contributions from income on a tax return. However, the earned interest or growth won't be taxed. And money you take out of your TFSA won't affect federal income-tested benefits and credits.

Help others save!
TFSA contributions are made with after-tax dollars, so you can help your spouse or adult children in setting up their TFSAs. The interest they earn on this gift isn't taxable to you or them.

-Call today for an appointment: Sun Life Kelowna

Dale Lamb
DKL Financial Services Inc.
Kelowna, British Columbia
(250) 860-6403 x2203
dale.lamb@sunlife.com

http://www.sunlife.ca/dale.lamb/e/index.htm

Dale Lamb Kelowna RRSP Season

2009-01-10T21:42:00.000-08:00

Starting and building an RRSP will likely be one of the most important steps you take in your financial life. There is no better way to reduce your taxable income and save for the future.
What are the benefits of an RRSP?
Why are RRSPs such a powerful saving tool?
How much can I put into an RRSP?
When can I make a contribution?
What happens if I can't contribute the full amount?
Can I take money out of my RRSP?
How long can I have a RRSP?
What are my options when I have to close my RRSP?

What are the benefits of a RRSP?
Investments in an RRSP have 2 big advantages over investments held outside an RRSP:

1. The contributions you make are tax-deferred.
(Most people consider it “saving” tax, but the money is actually taxed when you eventually withdraw it.)
If you contribute to an RRSP, you won't pay tax on that money. For instance, say you make $65,000 per year. If you contribute $5,000 to an RRSP, you can deduct $5,000 from your taxable income for the year. You save the tax you would normally have had to pay on that $5,000.

2. The growth of your money is sheltered from tax while it grows.
Investments inside an RRSP grow without being taxed. That is true, whether the growth is from:
interest,
dividends, or
capital gains

-Call today for an appointment: Sun Life Kelowna

Dale Lamb

DKL Financial Services Inc.
Kelowna, British Columbia
(250) 860-6403 x2203
dale.lamb@sunlife.com

http://www.sunlife.ca/dale.lamb/e/index.htm

How an appointment with Dale Lamb Financial Advisor works

2009-01-10T21:16:00.000-08:00

As your advisor, I can identify opportunities and help you make informed choices for building and protecting your savings based on your goals and plans for the future.

Dale Lamb can help you:

assess your current situation by examining your finances,
set achievable financial goals,
develop a realistic plan to meet those goals,
put your plan into action,
monitor your progress to keep you on track, and update your plan to grow with your changing needs and goals.

I will work with you as much or as little as you choose. I am available to listen to your needs and concerns and work with you to come up with the best plan that suits your needs.

-Call today for an appointment:

Dale Lamb DKL Financial Services Inc.Kelowna, British Columbia

dale.lamb@sunlife.com
http://www.sunlife.ca/dale.lamb/e/index.htmrodigy Wealth Management Dwight Stirrett The Okanagan Valley's Retirement Planning Specialist

Preparing for a Financial appointment

2009-01-10T21:12:00.000-08:00

The most important step in providing clear financial solutions is understanding your needs. When we meet, here's the information we'll need for both you and your spouse:
Salary or income, investments and insurance amounts
Pension and registered savings information
Assets and debts
Financial information for any business you own
Critical Illness
We can help you be financially prepared for a serious illness. Critical illness insurance helps ease the financial worries so you can concentrate on recovery.
-
Call today for an appointment:
Dale Lamb
DKL Financial Services Inc.
Kelowna, British Columbia
(250) 860-6403 x2203
dale.lamb@sunlife.com

http://www.sunlife.ca/dale.lamb/e/index.htm
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Dale Lamb Kelowna Financial Advisor

About Dale Lamb - Financial Advisor Kelowna

2009-01-10T21:02:00.000-08:00

Dale Lamb was raised in the Okanagan Valley and for the last 30 years has called the Okanagan his home. He went to school at Okanagan Mission Secondary High School and graduated in 1989.

Dale came from and entrepreneurial family and had an early interest in corporate finance and by the age of 17 he was already dabbling with the stock markets.

Dale went to the University of Victoria and pursued his Bachelor of Arts with a focus on business economics and statistics. From university Dale entered the corporate financial, industry and became an advisor with Mutual Life of Canada in October 1995.

Through the past 14 years Dale has been a leader and top performer in the financial field through all transitions from Mutual Life to Clarica and seven years ago the changeover to Sun Life Financial, bought out, merge

Dale is a Life and Qualifying member of the Million Dollar Round Table (MDRT) . MDRT is an international, independent association representing the world's best sales professionals in the life insurance-based, financial services industry.

DKL Financial Products and Services

2009-01-10T20:18:00.000-08:00

As your advisor, I am dedicated to providing you with practical solutions to your unique needs. I will work with you to help you get a clear picture of where you are now, and where you would like to be in the future.

For individuals
Growing and protecting the income you and your family depend on is a challenge. Whether it's through life insurance, health insurance or an investment strategy, we can offer solutions to help you build lifetime financial security.
Financial planning
Investing
Life
Health

For businesses

Businesses large and small can benefit from solutions that help protect your business and the people that work for you. Because every business is unique, plans can be tailored to suit your specific needs.
Key person protection [PDF, 2 pages, 195 kb]
Estate planning [PDF, 36 pages, 354 kb]
Corporate investment shelter [PDF, 2 pages,216 kb]

Dale Lamb
Kelowna, British Columbia
(250) 860-6403 x2203
dale.lamb@sunlife.com

Dale Lamb Kelowna Financial Advisor

financial advisor near Kelowna, BC