Page 31 - Sports Energy News, Cornwall, Issue No 143

www.sportsenergynews.com Issue #143 December 2024 31

By Brian Johnston By Max Ming
Continued from page 30 Continued from page 30 KARATE KOMMENTS

that, we have consumer sentiment You will be taxed on any growth and
at a 30-month high right now, which income generated in the account.
is great to see as real estate is a very The three main types of investment
heavily sentiment-driven industry. growth are interest (100% taxable), By Jim Riddell,
When people feel good, they’re dividends (68% taxable), and capital
more active and they’re more ready gains (50% taxable). This means if Seaway Karate Club
in the market. you are holding investments such as
Guaranteed Investment Certificates
Rule changes to play a positive role
(GICs) or other interest-bearing
– but don’t expect a red-hot market YIN AND YANG
securities, 100% of your interest is
Starting December 15, Canadians taxable income. Many investors pay he Yin – Yang symbol is probably the most common of the many
purchasing a home for the first unnecessary taxes each year and we Toriental symbols. As far as symbols go, it is very clean, clear and
time will be able to amortize their find many investment plans are not basic and simple. It has two halves that are completely opposite, yet
mortgage for up to 30 years, up designed to be highly tax efficient. when put together they fully complement each other and complete its
from the previous limit of 25, while Most people only focus on gross wholeness. The Yin side is the black half with the white dot and the
the maximum home value eligible return, it is important to work with Yang side is the white half with the black dot. The dots signify that
for an insured mortgage will jump an advisor to focus on net (after-tax)
there are no absolutes, - that there is always a small amount of the
from $1 million to $1.5 million. return.
opposing quality everywhere in life. The Yin – Yang symbol came
Those changes will have a positive Nearing Retirement? Consider
from Taoist China and over the past two thousand years many things
effect on the market, although Delaying CPP and/or OAS.
brokers shouldn’t expect activity to You have a few options to reduce have been grouped under Yin or Yang classifications. A few things
shoot through the roof in the year your taxable income in retirement associated with Yin are slowness, softness, passive, cold, wet, earth,
ahead. such as drawing down RRSPs early, moon, nighttime and femininity. Yang associates are the opposite –

We are cautiously optimistic on delaying CPP and/or OAS, and speed, hard, solid, hot, dry, the sky, the sun, daytime and masculinity.
prospects for 2025, anticipating more. Having a detailed withdrawal In traditional Chinese medicine a person’s good health was thought
strategy in retirement can go a long
a steady, rather than spectacular, to require a balance between Yin and Yang qualities. A few lifestyle
way to lowering your tax bill!
pace of market growth, and a examples are balancing your days with family, work / school, and
stable level of activity in 2025. recreational activities while being able to get an adequate amount of
By Mike VanderMeer
Unsurprisingly, another potential sleep. It also means eating properly, balancing carbs, proteins and fat
Continued from page 30
growth opportunity for brokers intake. The Yin – Yang symbol also pertains to all sporting activities as
is expected to be renewals, with thousands of dollars. Your agent or well: 1) Aerobic or endurance type sports (Yin), where cardio vascular
a wave of Canadians set to renew home inspector should be able to endurance is required for an extended period of time. These sports
their mortgages in the coming years. advise you if you should have a sewer
There’s been this rule change of no line inspection. include distance running, multi – sport events, and swimming. 2)
stress test for uninsured switches, If you own a home that was built in Anaerobic or multiple sprint type sports (Yang), - this includes most
which should spur activity at the these years and never had a sewer team sports as well as weightlifting, sprinting and throwing events.
mortgage broker level. lateral, then you may want to have An athlete’s skeletal muscles have two types of fibres: Slow twitch
one done to see if it is NoCorRode, (Yin) and fast twitch (Yang). Slow twitch fibres are used for endurance
Which types of borrowers will take and if it is, what kind of condition it is
the mortgage market by storm next in - the last thing you need is a sewer activities while fast twitch fibres are needed for multiple sprint type or
year? team sports. This is where eating properly comes into play as our bodies
collapse in the middle of the holiday
A variety of different borrower types season or over the winter. use a combination of carbs, fats, and protein. Different activity will
cause the energy system to use the most appropriate fuel. Anaerobic
are expected to increase Mortgage Just a note that some homes built
Broker market activity in 2025. before 1955 could have NoCorRode activity will burn mostly carbs while aerobic or endurance sports
Casting our net far and wide gives if the sewer lines were replaced or will burn a higher amount of fat. In Karate Yin applies to defensive
the best opportunity for growth in added during the NCR period. Also, techniques such as blocks, parries and evasions. Yang techniques
the coming year. We just want all there could be NoCorRode in some include punches, kicks, pressure point, and vital point striking. The
of our brokers to understand that homes built after 1977 as they stopped Yin - Yang symbol – clean, clear, basic and simple, yet very complex.
there’s not one specific area that we making it but there would have been
need to focus on, but a more holistic excess stock that was sold after that Karate Quote: Making good decisions often comes from
view is needed for the year ahead. year. experience and experience is often the result of bad decisions.