Goddyn & Associates Financial Services Inc. - Insurance and Investments

11/01/2025

Unlock financial freedom for your family! Discover the power of budgeting and RDSP support. Start your journey today.

Secure your family's financial future with effective budgeting. Learn how to gain financial clarity, achieve your goals, and prepare for emergencies in our comprehensive guide.

10/01/2025

You’ve always been a good planner – that’s why you put a strong financial plan that includes life insurance into place. But have you thought about what could happen to your financial plan if you get critically ill? We can help you be protected with critical illness insurance – read our article “What is critical illness insurance?” to learn more about how it can protect you!

More people are surviving serious medical issues such as cancer, a heart attack, or a stroke. And while this is good news if a critical illness happens to you – your recovery may come with costs that you don’t have the money to cover. This is where critical illness insurance can play a crucial r...

09/01/2025

Planning for your child’s education? Discover how an RESP can help you maximize savings with tax-deferred growth and government grants! Invest in their future today.

Unlock the power of an RESP to secure your child’s educational future. Learn how tax-deferred growth, government grants, and flexible contribution options can ease the burden of rising post-secondary costs. Plan today for a brighter tomorrow!

07/01/2025

2025 Canada Money Facts – Get the latest TFSA, RRSP, FHSA, CPP, OAS, and RESP limits. Stay informed on savings, pensions, and benefits for the year ahead!

06/01/2025

Before buying insurance from your bank to cover your mortgage, understand the difference between self owned mortgage life insurance and bank owned life insurance.

Before buying insurance from your bank to cover your mortgage, please consider your options. What does the insurance cover?

05/08/2025

Wow! Thank you so much! We have been nominated for Best Insurance Agency, Stacey Vair - Best Financial Advisor and Best Insurance Broker! Please help us get to the voting round by nominating today. https://bestof.kamloopsbcnow.com/nominations/

04/08/2025

Worried about the market news? Just a little reminder that the S&P 500 is still up 80% in the last 5 years.

Remember, the stock market has consistently bounced back—every time.

Dot-com Crash (2000): The tech bubble burst, wiping out trillions. Recovered by 2007.

Great Recession (2008): Dow lost 50%. Bull market ran from 2009 to 2020.

The Pandemic (2020): Fastest crash ever. Rebounded and hit record highs by year-end.

Short-term losses only hurt if you make them permanent.

4 things you need to do when the stock market dips:

1. Refuse to panic. It never pays off.
2. If you’re invested, stay invested.
3. Keep investing—stocks are on sale.
4. Zoom out. Remember that wealth is built over decades, not days.

Still feeling unsettled? Give us a call so we can discuss your particular situation.

03/01/2025

With all the uncertainty, now is a good time to review your retirement plan. See our Retirement checklist and make sure you don't miss anything.

When thinking about retirement, it can be overwhelming to figure out all the numbers, like what age you're going to retire, how much money you need and how long do you need the money to last.

02/06/2025

Not sure whether to put money into your RRSP or TFSA (or what is the difference)?? Check out our website for in-depth helpful tips! Still not sure what you should do for your situation? Give me a call!

When looking to save money in a tax-efficient manner, Tax-Free Savings Accounts (TFSA) and Registered Retirement Savings Plans (RRSP) can offer significant tax benefits. The main difference between the two is that TFSAs are ideal for short-term goals, such as saving for a down payment on a house or....

11/01/2024

For business owners, a financial plan can help you steer your business through these uncertain times.

We can help you determine where you are today financially and where you want to go. We can provide you guidance on how to reach your short, medium and long term financial goals.